An exceptional development opportunity awaits! Three contiguous lots spanning over 1.5 acres are now available for sale, offering both immediate income and long-term growth potential. The offering includes a newly constructed 10-room / 10-bath duplex, set for completion in December 2024, with projected rental income exceeding $8,500 per month. The sale comprises three parcels:
512 Rush St. (Lot 7A), 2806 Marion Road (Lot 7B), and 2808 Marion Road (Land / Lot 8X).
Developers can buy and hold, generating immediate rental income, or further capitalize on the potential by adding additional structures. For more details, refer to MLS#: 10047059 (516 Rush St.). Owner financing is available, making this a prime opportunity for investors.
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Listing Snapshot
Price
$2,500,000
Days On Site
134 Days
Bedrooms
10
Inside Area (SqFt)
3,360 sqft
Total Baths
10
Full Baths
10
Partial Baths
N/A
Lot Size
1.18 Acres
Year Built
2024
MLS® Number
10047059
Status
Active
Property Tax
$1,693
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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Recent Activity
a week ago
Listing updated with changes from the MLS®
4 months ago
Listing first seen on site
General Features
Acres
1.18
Foundation
Concrete Perimeter
Number Of Stories
2
Parking Spaces
10
Property Condition
New Construction
Property Sub Type
Duplex
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
3360
SqFt Total
3360
Stories
Two
Style
A-Frame
Water Source
Public
Interior Features
Appliances
Electric Water HeaterExhaust FanFree-Standing Electric RangeRefrigerator
Cooling
ENERGY STAR Qualified EquipmentHeat Pump
Flooring
Simulated WoodTileVinyl
Heating
Heat Pump
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Exterior Features
Construction Details
Vinyl Siding
Roof
Shingle
Community Features
Financing Terms Available
CashConventionalOwner Will Carry
Schools
School District
Unknown
Elementary School
Wake - Smith
Middle School
Wake - North Garner
High School
Wake - Middle Creek
Listing courtesy of Marianne Mansour of Compass -- Raleigh
Listings that are marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2024 Triangle MLS, Inc. of North Carolina. All rights reserved.
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