$2,500,000
- Beds
- 3
- Baths
- 2.0
- sq ft
- 729
516 Rush Street, Raleigh, NC 27610
516 Rush Street
Raleigh, NC 27610
- 99 days on market
Discover an exceptional investment opportunity with three contiguous lots on Rush and Marion Streets, offering both immediate income and significant growth potential. 516 Rush St. is a three-bedroom property currently operating as a weekly rental. Zoned RX-3, with potential for a 3-story building with some commercial use. Adjacent to it is a newly constructed 10-room, 10-bath duplex on Marion St., slated for completion in December 2024, with projected monthly income of $6,500.00 - $7,000.00. Together, the three parcels span approximately 1.67 acres. Located near the growing Garner and CrossLink Roads corridor and the popular Crosstowne Subdivision, this property is perfectly positioned for future appreciation. For more details, refer to MLS listing #10047059 / 2806 Marion. Owner financing is available.
Details
Property type
Single Family Residence
Lot size
0.49 acres
Price per sq ft
$3,430
Year built
1952
Annual property taxes
$1,565
Price History
08/15/2024
TriangleMLS #10047058
Listed
$2,500,000
Schools & Community
Neighborhood:
Southwest Raleigh
Elementary school:
Wake - Smith
Middle school:
Wake - North Garner
High school:
Wake - Middle Creek
Similar Homes Nearby
$2,500,000
10 bd
|
10 ba|
3,360 sq ft|
2808 Marion Road, Raleigh, NC 27610
Status: Active
Tomo last checked: 11/23/2024 at 2:00 AM
Listing updated: 09/23/2024 at 8:50 AM
Listed by: Marianne Mansour, Compass -- Raleigh Phone #: (919) 726-6548
MLS: TriangleMLS #10047058
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