Great opportunity to build 3-unit townhomes or 2-unit side by side duplex or 1 single family home with an Accessory Dwelling Unit (ADU) at low acquisition cost in a central location with future development plans and projects in every direction! The lot is located in City of Raleigh's Frequent Transit Area. Just over half an acre ready for 3-unit townhomes that has been confirmed by city of Raleigh. Annexation into city of Raleigh has already been completed. The lot is cleared and ready for you to start building. Water and power available on the property. Sewer available nearby at corner of adjacent property (2712 Sadie Hopkins St). Seller is willing to share plans for 3-unit town homes for permit submittal. Each townhome in the plans is estimated at 1,300-1,600 sqf with 1 car garage, 3 bedrooms, 2.5 baths and sizeable yards. Easy access to I440, Downtown Raliegh, Cary, NCSU, Dorothea Dix and all that Raleigh has to offer! Amazing opportunity to add to your portfolio in a location with high rental demand.