316 E South Street , Raleigh, NC 27601
Raleigh, NC 27601
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
| Mls | 10061415 |
|---|---|
| Listing Type | For Sale |
| Style | Detachd |
| Subtype | Resale |
| Status | Active |
| Year | 1907 |
| Days On Site | 31 |
| Listing Provided By | Agent Group Realty | Tama Bouncer |
Features
| Beds | 3 |
|---|---|
| Baths | 2 Total |
| Sq Feet | 2,310 |
| Basement | Y |
| Storys | 2 |
| Zoning | R-10 |
| Acreage | 0.14 |
| Property View | Yes |
Market Activity 27601
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Learn More About This Property
| State | NC |
|---|---|
| County | Wake |
| City | Raleigh |
| Zip Code | 27601 |
| Area | Wake |
| Community Name | Not in a Subdivision |
| School District | Wake - Broughton |
| Elementary School | Wake - Joyner |
| Middle School | Wake - Moore Square Museum |
| High School | Wake - Broughton |
| Listing VS Median (in Not in a Subdivision) | |
Price: $1,400,000 low | high Med: $329,000 SqFt: 2,310 low | high Med: 1,720 $ / SqFt: $606 low | high Med: $191 On Site: 31 low | high Med: 40 | |