3809 Virginia Street Raleigh , NC 27610

Courtesy of Compass -- Raleigh, Marianne Mansour.

Description

9 Beds
9 Baths
5,376 Sqft
40,075 Sqft lot
0.92 Acre lot
Status: Active
Property Type: Duplex
Year Built: 1968
Neighborhood: Beacon Lake
Days on Website: 95
This unique offering includes two duplexes on a shared lot—3809 Virginia St. and 3807 Thelma St.—with flexible options for buyers. Zoned RX-4 with a Transit Overlay District (TOD), the property presents significant development potential, allowing for the construction of a 6-story residential mixed-use building with minimal parking and frontage requirements. Currently, both duplexes are income-producing, with rooms rented by the week. 3809 Virginia St. features 5 beds/5 baths, while 3807 Thelma St. has 4 beds/4 baths and a garage, with each room generating weekly income. Whether you're looking to capitalize on the immediate rental income or redevelop the property for larger-scale use, this opportunity offers the best of both worlds. Owner financing is available.

Open House

Property Details and Features

Contact an Agent

Angela Drum

9198489500

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