Charming Downtown Cary Ranch - $40K Below Appraised Value! Move-In Ready or Rental-Ready Opportunity Discover this rare gem in the heart of Downtown Cary, priced over $40,000 below appraised value! This well-maintained 3-bedroom, 2-bath brick ranch sits on a spacious .43-acre lot zoned R-8 CU, offering a perfect blend of classic charm and future potential. Whether you're a homeowner seeking walkable convenience, an investor targeting rental income, or a developer eyeing opportunity, this home checks all the boxes. Step inside to find gleaming hardwood floors, a sunlit family room with fireplace, separate living room, and an oversized 2-car carport. Built in 1961, the 1,778 sq ft layout is thoughtfully designed and full of natural light. The home is vacant and move-in ready, with a strong projected market rent of over $2,000/month for those seeking passive income. Enjoy unbeatable access to Cary's vibrant downtown scene — restaurants, breweries, boutiques, parks, and greenways are just steps away. The R-8 CU zoning allows for flexible future use, making it a smart long-term investment in one of the Triangle's most desirable and fast-growing areas. Don't miss this opportunity to own a piece of Downtown Cary at an unbeatable price!
| a week ago | Listing updated with changes from the MLS® | |
| a month ago | Price changed to $399,000 | |
| 3 months ago | Listing first seen on site |
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