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700 Glascock Street, Raleigh, NC 27604

Raleigh
Local realty services provided by:CENTURY 21 New Beginnings
700 Glascock Street,Raleigh, NC 27604
$625,000
  • 8 Beds
  • 2 Baths
  • 1,777 sq. ft.
  • Single family
  • Active
Listed by: lizzie bender, liz brown
Office: compass -- cary
MLS#:10180777
Source:RD

Price summary

  • Price:$625,000
  • Price per sq. ft.:$351.72

About this home

Exceptional opportunity to acquire a cash-flowing asset in one of Raleigh's most desirable and rapidly evolving urban neighborhoods. Located at 700 Glascock Street, this income-producing property sits on a highly visible corner lot comprising approximately 0.22 acres and offers investors immediate returns alongside compelling long-term redevelopment potential. The property is zoned R-10 and positioned within one of Raleigh's most active redevelopment corridors. Surrounded by luxury new construction and high-end infill development, the site is ideally situated to benefit from continued neighborhood growth and increasing land values. Currently operating as an 8-room income-producing property generating approximately $62,700 in annual gross income ($5,225/month), the asset benefits from strong rental demand and flexible month-to-month occupancy agreements. The property has been well maintained and improved, with major updates already completed, including a new roof in 2023; HVAC systems...

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Home facts

  • Year built:1950
  • Subdivision & Development:Capitol Heights
  • Listing ID #:10180777
  • Added:56 day(s) ago
  • Updated:September 11, 2026 at 06:19 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:8
  • Flooring:Luxury Vinyl, Tile, Wood
  • Kitchen Description:Electric Range, Refrigerator, Washer/Dryer
  • Basement:Yes
  • Basement Description:Unfinished
  • Living area:1,777 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Heat Pump
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1950
  • Building area:1,777 sq. ft.
  • Lot area:0.22 Acres
  • Architectural Style:Traditional
  • Levels:One

Schools

  • High school:Wake - William G Enloe High
  • Middle school:Wake - Ligon Middle
  • Elementary school:Wake - Conn Elementary

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$625,000
  • Price per sq. ft.:$351.72
  • Tax amount:$4,259

Features and amenities

  • Laundry features:Common Area
MLS LogoListings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Copyright 2026 Doorify MLS of North Carolina. All rights reserved. RD Member Broker: Ellisha Mayers

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