Prime opportunity to acquire a historic property in the highly sought-after Oakwood Historic District of Raleigh. This charming 940 sq ft home sits on a generous 6,534 sq ft lot, offering significant redevelopment or renovation potential in one of the city's most desirable neighborhoods. Zoned for excellent Wake County schools, this location is ideal for long-term rental demand or a strategic redevelopment project. Nestled just minutes from downtown Raleigh, the property offers quick access to major employment hubs, cultural amenities, and transit corridors. Investors will appreciate the value in this property's unique blend of historic charm and development upside, with strong market appreciation projected in the Oakwood neighborhood. Whether you're looking to renovate and lease or explore a potential tear-down and rebuild, this lot provides a rare chance to enter a prime location with high visibility and established community appeal. Don't miss this chance to invest in Raleigh's growing real estate market with a property poised for growth and cash flow. Contact today to learn more about the development opportunities and potential value-add strategies.