Angela Drum Team Realtors Logo
Description Open House Details Location Market Trends Schools Recent Sales
$2,500,000 Est. $9,206 / mo.*

516 Rush Street Raleigh , NC 27610

Courtesy of Compass -- Raleigh, Marianne Mansour.

Description

3 Beds
2 Baths
729 Sqft
21,344 Sqft lot
0.49 Acre lot
Status: Active
Property Type: Single Family Residence
Year Built: 1952
Neighborhood: Home Acres
Days on Website: 100
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.

Open House

Property Details and Features

Property Access
Road Surface Type:
"Asphalt"
Bathrooms
2 full bathrooms
2 total bathrooms
2 total bathrooms
Bedrooms
3 bedrooms
[+] Read More

Contact an Agent

Angela Drum

9198489500

Location

$2,500,000 -
516 Rush Street Raleigh , NC 27610
Subdivision Name: Home Acres

Street View

Nearby Schools

Recent Sales in the Area

Similar Properties Nearby

Accessibility Toolbar