$2,500,000

516 Rush Street , Raleigh, NC 27610

 
Bedrooms:3 beds
Bathrooms:2 baths
Residential:729 sqft
Lot:0.49
Year Built:1952
Listing Status:Active

Listing Agent

Marianne Mansour
https://www.compass.com/
Loan Amount:
Interest:
Term (Years):
Annual Tax:
Monthly Principal + Interest:$
Monthly tax: $
Total Payment:$

These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

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.

Detailed Items

Other Information

516 Rush Street, Raleigh, NC, 27610 is a residential listing of 729 sqft on a lot of 0.49. This residential listing has 3 bedrooms, and 2 baths. The map for this location can be viewed on Google maps at Google maps to property516 Rush Street, Raleigh, NC
Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ask a question

By pressing Request Info, you agree that HousingNow.com and real estate professionals may call, text or email you regarding your inquiry, which may involve the use of automated means.
Learn how to appear as the Local Advisor above