Chatham Homes Realty
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listing
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Single FamilyFor Sale
$2,500,000
516 Rush Street
Raleigh, NC 27610
Courtesy of Compass -- Raleigh
MLS: Doorify MLS
3Beds
2Baths
729Sq Ft
Est. Mortgage
$13,005/mo

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.

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Information courtesy of Compass -- Raleigh is subject to verification and is not guaranteed.
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