$1,400,000
 $7,949 forsale estimated payment Sourced by Back At You

316 E South Street , Raleigh, NC 27601

Raleigh, NC 27601

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Description

OPEN HOUSE 1:00 - 3:00 p.m. DECEMBER 15, 2024. 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

Mls10061415
Listing TypeFor Sale
StyleDetachd
SubtypeResale
StatusActive
Year1907
Days On Site35
Listing Provided ByAgent Group Realty | Tama Bouncer

Features

Beds3
Baths 2 Total
Sq Feet2,310
BasementY
Storys2
ZoningR-10
Acreage0.14
Property ViewYes

Market Activity 27601

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Learn More About This Property

StateNC
CountyWake
CityRaleigh
Zip Code27601
AreaWake
Community NameNot in a Subdivision
School DistrictWake - Broughton
Elementary SchoolWake - Joyner
Middle SchoolWake - Moore Square Museum
High SchoolWake - Broughton
Listing VS Median (in Not in a Subdivision)
Price:
$1,400,000
low | high
Med:
$325,000
100% of Average
SqFt:
2,310
low | high
Med:
1,157
99.91341991342% of Average
$ / SqFt:
$606
low | high
Med:
$281
100% of Average
On Site:
35
low | high
Med:
36
97.222222222222% of Average
Sourced by Back At You
Listing Updated: December 2, 2024 at 5:56:38 PM PST