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.
Features
10 bedrooms
10 bathrooms
directions_car10 carspaces
3360 sq. ft. floor area
crop_free51400.8 sq. ft. lot size
cottageDuplex
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Local market activity for 10 bedroom duplexes in Raleigh
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