$1,250,000
 $6,710 forsale estimated payment Sourced by Back At You

3809 Virginia Street , Raleigh, NC 27610

Raleigh, NC 27610

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Description

This unique offering includes two duplexes on a shared lot3809 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.

Details

Mls10048102
Listing TypeFor Lease
StyleAttachd
StatusActive
Year1968
Days On Site103
Listing Provided ByCompass -- Raleigh | Marianne Mansour

Features

Beds9
Baths 9 Total
Sq Feet5,376
Garage1
Storys1
ZoningR-4
Acreage0.92
Property ViewYes

Market Activity 27610

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Learn More About This Property

StateNC
CountyWake
CityRaleigh
Zip Code27610
AreaWake
Community NameBeacon Lake
School DistrictWake - S E Raleigh
Elementary SchoolWake - Partnership
Middle SchoolWake - Moore Square Museum
High SchoolWake - S E Raleigh
Listing VS Median (in Beacon Lake)
Price:
$1,250,000
low | high
Med:
$1,250,000
50% of Average
SqFt:
5,376
low | high
Med:
5,376
50% of Average
$ / SqFt:
$233
low | high
Med:
$233
50% of Average
On Site:
103
low | high
Med:
103.000000
100% of Average
Sourced by Back At You
Listing Updated: December 2, 2024 at 9:46:28 AM PST