608 Dennis Avenue, Raleigh, NC, 27604

Property Details: • Type: Single Family Residence • Bedrooms: 3 • Bathrooms: 1 • Square Footage: 2,190 sq ft

Description: Off-Market Investment Opportunity $710k-$750k ARV Large Lot Value-Add Potential

Rare opportunity to acquire a high-upside property in one of Raleighs most desirable and fastest-appreciating areas ideally located between Mordecai and Oakwood, just minutes from downtown Raleigh.

ARV estimated between $710,000$750,000+, supported by neighborhood comps selling between $340/SF to the mid-$400s/SF.

The home has already undergone major upgrades, including: Finished basement Updated kitchen and bathroom Mechanical and electrical brought up to code for the basement

While the basement is finished, additional square footage and value can be unlocked by completing the permitting process, creating instant equity. A simple landscaping refresh will further elevate curb appeal and resale value.

The property sits on an expansive 0.4-acre lot one of the largest in the area offering rare development potential. The lot may allow for future subdivision and construction of an additional home, providing an extra exit strategy beyond a traditional flip or buy-and-hold.

With minimal remaining improvements, this property is ideal for: Flippers seeking strong margins Buy-and-hold investors looking for forced appreciation Developers exploring lot split or infill opportunities

This is an as-is, off-market opportunity in a prime location with multiple profit paths and strong demand.

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