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.
Mls | 10061415 |
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Listing Type | For Sale |
Style | Detachd |
Subtype | Resale |
Status | Active |
Year | 1907 |
Days On Site | 40 |
Listing Provided By | Agent Group Realty | Tama Bouncer |
Beds | 3 |
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Baths | 2 Total |
Sq Feet | 2,310 |
Basement | Y |
Storys | 2 |
Zoning | R-10 |
Acreage | 0.14 |
Property View | Yes |
State | NC |
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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: $429,900 SqFt: 2,310 low | high Med: 2,090 $ / SqFt: $606 low | high Med: $206 On Site: 40 low | high Med: 59.000000 |