tomo logo

$1,400,000

Beds
3
Baths
2.0
sq ft
2,310

316 East South Street, Raleigh, NC 27601

316 East South Street

Raleigh, NC 27601

  • 113 days on market
    • Open house Mar 09
OPEN HOUSE 1 - 3 P.M. Sunday, March 9, 2025 What a great investment opportunity near downtown Raleigh, one of the fastest growing cities in the Southeast. 310 (MLS# 10064429) and 316 E. South Street are zoned R-10 and intended to accommodate moderate-density residential development, either as single-family attached or detached dwellings on each lot. The large Victorian home is adjacent to a similarly sized parcel that is ready for development. The properties will be sold as a package for a price of $2.5M. The property is within a short distance to Shaw University, Martin Marietta Center for the Performing Arts and downtown Raleigh. Easy access to I-40. The 2 story home, located close to downtown Raleigh, the Martin Marietta Center for the Performing Arts and Shaw University, is a great investment opportunity and ready for renovations. Enjoy time on the rear deck and view of the rock garden. Property being sold 'as is.' Seller will make no repairs.

Details

Property type

Single Family Residence

Lot size

6,098.4 sq ft

Price per sq ft

$607

Year built

1907

Annual property taxes

$4,245.25

Price History

11/02/2024
TriangleMLS

TriangleMLS #10061415

Listed
$1,400,000

Schools & Community

Neighborhood: 

Central

Elementary school: 

Wake - Joyner

Middle school: 

Wake - Moore Square Museum

High school: 

Wake - Broughton

Community features: 

Sidewalks, Street Lights

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Status: Active

Tomo last checked: 02/22/2025 at 9:35 PM

Listing updated: 02/22/2025 at 5:10 PM

Listed by: Tama Bouncer, Agent Group Realty Phone #: (704) 271-9787

MLS: TriangleMLS #10061415

TriangleMLS logo

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