516 Rush St, Raleigh, NC 27610
$2,500,000
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Home Description
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.
- # Fireplaces: 0
- Flooring: Hardwood,Linoleum
- Full Baths: 2
- Half Baths: 0
- Parking: Additional Parking
- Structure: Site Built
- Construction Materials: Concrete
- Roof: Shingle
- Foundation: Block
- Lot: Corner Lot
- Lot Size Acres: 0.49
Available now at $2,500,000
- Property Type: Single Family Residence
- Style: Bungalow
- Levels: One
- New Construction: No
- Heating: Electric,Forced Air
- Cooling: Heat Pump
- Water Source: Public
- Sewer: Public Sewer
- Total HOA Dues: $0.00
- Annual Taxes: $1,565.00
- Listing Office: Compass -- Raleigh
- List Status: Active
Neighborhood
The average asking price of a 3 bedroom Raleigh home in this zip code is
$418,986 (83.2% less than this home).
This home is priced at $3,429/sqft,
which is 92.3% less than similar homes
in the 27610 zip code.
Potential Great Value
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School Information
- Elementary:Wake - Smith
- Middle School:Wake - North Garner
- High School:Wake - Middle Creek
Financial
Area Stats
These statistics are updated daily from the Triangle Multiple Listing Services, Inc. For further analysis or
to obtain statistics not shown below please call Highgarden Real Estate at
(919) 285-5060 and speak with one of our real estate consultants.
Popular Homes
$834,529
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0.9%
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9.1%
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167
0.6%
40.1%
82
$1,160,175
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178
1.7%
41.0%
110
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352
1.4%
41.5%
92
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649
1.7%
43.1%
84
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414
1.4%
41.1%
93
$463,091
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223
0.4%
35.4%
77
$801,498
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57
5.3%
24.6%
77
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101
2.0%
38.6%
78
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152
2.0%
46.7%
84
$671,538
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21
0.0%
28.6%
78
$560,376
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29
0.0%
51.7%
104
$777,117
$553,602
374
0.8%
41.2%
104
$504,138
$469,813
255
0.8%
31.8%
107
$635,901
$533,310
194
0.5%
39.2%
110
$458,103
$374,900
199
0.5%
32.2%
87
Listing Courtesy of Compass -- Raleigh.
For information or to schedule a viewing of this property (MLS# 10047058), call: 919-285-5060
516 Rush St, Raleigh NC is a single family home of 729 sqft and
is currently priced at $2,500,000
.
This single family home has 3 bedrooms.
A comparable home for sale at 616 Gainer Dr # 15 in Raleigh is listed at $627,900.
In addition to single family homes, Highgarden also makes it easy to find Homes, Condos, New Homes and Foreclosures
in Raleigh, NC.
Coley Forest, Sweetwater and Oakwood are nearby neighborhoods.
MLS 10047058 has been posted on this site since 8/15/2024 (today).
Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database.
Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely
in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall
be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers� personal,
non-commercial use. Copyright 2024 Doorify MLS of North Carolina. All rights reserved. Listings last updated 12/27/2024.