610 Devereux St, Unit Raleigh NC 27605 Raleigh, NC 27605

Located in the historic Glenwood-Brooklyn Neighborhood, lots 11 & 12 offer several redevelopment options. As a 'non-contributing' property, it allows for a demolition permit (in process). The property is suited for a conforming residential build and opportunities to build multiple income-producing properties. Dual access to the property is available via Devereux Street in the front and a municipal alleyway in the back. The property is suited for immediate owner/renter occupancy potential with minimal maintenance and repairs. It is a short distance to Fred Fletcher Park, Broughton High School, Partnership Magnet Elementary, Smokey Hollow, and Glenwood South. This property will appeal to those looking for a new single-family home on the northern edge of downtown Raleigh, investors looking to maximize revenue from multiple micro-unit condominium configurations, an owner-operator looking for a primary residence with long and short-term rental options, or an owner that needs a separate structure for a home office, shop, carriage house and/or ADU. The property has been surveyed and utilities vetted. Nearby are Cameron Village, NC State University, Campbell Law School, Red Hat, and First Citizens Bank. Any redevelopment plan must be approved by the Raleigh Historic Development Authority, and initial conversations with RHDC have begun. The property is located in Raleigh's first master-planned neighborhood, with many architecturally contributing homes built from 1905 to 1951. The lot size is 0.22 acres.