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6101 & 6019 Hillsborough St 1.7 Acres of Residential Land in Raleigh, NC 27606
Investment Highlights
- Ready for vertical construction.
Executive Summary
Delivered build-ready with sitework complete.? Plans available upon request.?
56 multifamily units in 5 stories near NC State and the Lenovo Center.? 15 mins to downtown Raleigh and RDU.?
Unit Mix: 33 One-Bedrooms and 23 Two-Bedrooms
Served by City of Raleigh water and sewer
Fully approved, build-ready
1.7 Acres +/-
Zoned NX-5-GR-CU (Neighborhood Mixed Use)
56 multifamily units in 5 stories near NC State and the Lenovo Center.? 15 mins to downtown Raleigh and RDU.?
Unit Mix: 33 One-Bedrooms and 23 Two-Bedrooms
Served by City of Raleigh water and sewer
Fully approved, build-ready
1.7 Acres +/-
Zoned NX-5-GR-CU (Neighborhood Mixed Use)
Financial Summary (Pro Forma - 2027) Click Here to Access |
Annual | Annual Per AC |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2027) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
Property Facts
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Proposed Use | |
| Property Type | Land | Total Lot Size | 1.70 AC |
| Zoning | NX-5-GR-CU - Neighborhood Mixed Use | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 1.70 AC |
| Zoning | NX-5-GR-CU - Neighborhood Mixed Use |
1 Lot Available
Lot
| Lot Size | 1.70 AC |
| Lot Size | 1.70 AC |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Total Assessment | $1,517,879 (2025) | |
| Land Assessment | $1,484,002 (2025) | Annual Taxes | ($1) |
| Improvements Assessment | $33,877 (2025) | Tax Year | 2027 |
Property Taxes
Parcel Numbers
Land Assessment
$1,484,002 (2025)
Improvements Assessment
$33,877 (2025)
Total Assessment
$1,517,879 (2025)
Annual Taxes
($1)
Tax Year
2027
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JD Signature Homes
6101 & 6019 Hillsborough St
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