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Bedrooms
Bathrooms

516 Rush Street, Raleigh NC 27610

OverviewCommunityFeatures & DetailsSchoolsLocationMortgageSimilar Homes
516 Rush Street, Raleigh NC 27610
516 Rush Street, Raleigh NC 27610
516 Rush Street, Raleigh NC 27610
516 Rush Street, Raleigh NC 27610
516 Rush Street, Raleigh NC 27610
$2,500,000
Active

516 Rush Street, Raleigh NC 27610

MLS#: 10047058

Bedrooms
3
Bathrooms
2
Square Feet
729
Acres
0.49
Year
1952
DOM
39
Property Type
Residential
Sub Type
Single Family Residence

Description of 516 Rush Street, Raleigh NC 27610

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.

Community Information for 516 Rush Street, Raleigh NC 27610

Address
516 Rush Street, Raleigh NC 27610
Subdivision
Home Acres
City
Raleigh
County
Wake
State
North Carolina
Zip Code
27610

Exterior

Roof
Shingle
Garage Spaces

HOA

Has HOA
No

Interior

Heating
Electric and Forced Air
Cooling
Heat Pump
# of Fireplaces
0

Schools

Elementary
Wake Smith
Middle
Wake North Garner
Higher
Wake Middle Creek

Additional Information

Date Listed
Aug 15, 2024
Styles
Transitional

Location of 516 Rush Street, Raleigh NC 27610

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Listing Price
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This beautiful 3 beds 2 baths home is located at 516 Rush Street, Raleigh NC 27610 and is listed for sale at $2,500,000.00. This home was built in 1952, contains 729 square feet of living space, and sits on a 0.49 acre lot. This residential home is priced at $3,429.36 per square foot and has been on the market since 2024-08-15T00:00:00.000Z.
If you'd like to request a tour or more information on 516 Rush Street, Raleigh NC 27610, please call us at 919-249-8536 so that we can assist you in your real estate search. To find homes like 516 Rush Street, Raleigh NC 27610, you can search homes for sale in Raleigh or visit the neighborhood of Home Acres, or by 27610. We are here to help when you're ready to contact us !

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