About 500 Ridgecrest Road
INVESTOR ALERT!! Priced $85k below the latest county assessed value! This duplex property on a residential street in the heart of Cary has so much potential. Only 0.6mi to the new Downtown Cary Park and all the great restaurants/entertainment. Priced below $195 sq/ft this is a RARE opportunity for this location! Both units have long-term tenants that are month-to-month. Unit 500 has 3 bedrooms and 2.5 baths, while Unit 502 has 2 bedrooms, 1 full bath and 2 half baths. This 0.29 acre property is deeded as one entity, but because it's a duplex there are two Town of Cary water meters, two Duke Energy electric meters, and two USPS addresses for the property. Tenants are responsible for their respective utilities.
Features of 500 Ridgecrest Road
| MLS® # | 10018117 |
|---|---|
| Price | $474,000 |
| Bedrooms | 5 |
| Bathrooms | 4.50 |
| Full Baths | 3 |
| Half Baths | 3 |
| Square Footage | 2,450 |
| Acres | 0.29 |
| Year Built | 1981 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Style | Transitional |
| Status | Pending |
Community Information
| Address | 500 Ridgecrest Road |
|---|---|
| Subdivision | Carr Hills |
| City | Cary |
| County | Wake |
| State | NC |
| Zip Code | 27511 |
Amenities
| Utilities | Electricity Connected, Sewer Connected, Water Connected |
|---|---|
| Features | Sump Pump |
| Parking Spaces | 4 |
| Parking | Driveway |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Dishwasher, Electric Water Heater, Free-Standing Electric Range, Refrigerator |
|---|---|
| Heating | Central, Forced Air, Heat Pump |
| Cooling | Central Air, Heat Pump |
| Fireplace | No |
| Stories | Two |
| Has Basement | No |
Exterior
| Lot Description | Few Trees, Level |
|---|---|
| Roof | Shingle |
| Construction | Brick Veneer, Vinyl Siding |
| Foundation | Block |
School Information
| Elementary | Wake - Cary |
|---|---|
| Middle | Wake - East Cary |
| High | Wake - Cary |
Additional Information
| Date Listed | March 20th, 2024 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Northside Realty Inc. |
|---|