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516 Rush Street, Raleigh NC 27610
OverviewLocationMortgageSimilar 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
516 Rush Street, Raleigh NC 27610

516 Rush St Raleigh, NC 27610

$2,500,000

ACTIVE
Beds
3
Baths
2
Sqft
729
Acres
0.49
Year
1952
DOM
39
Property Type
Residential
Sub Type
Single Family
Per Square Foot
$3,429
Date Listed
Aug 15, 2024

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.
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Home Details
516 Rush Street, Raleigh NC 27610
Status
Active
MLS #ID
10047058
Price
$2,500,000
Bedrooms
3
Bathrooms
2
Square Footage
729
Acres
0.49
Year
1952
DOM
39
Property Type
Residential
Property Sub Type
Single-Family
Price per Sq Ft
$3,429
Date Listed
Aug 15, 2024
Community Information for 516 Rush Street, Raleigh NC 27610
Address
516 Rush St
Subdivision Home Acres
City Raleigh
County Wake
State
North Carolina
Zip Code 27610
Schools
Elementary Wake Smith
Middle Wake North Garner
High
Wake Middle Creek
Interior
Heating
Electric and Forced Air
Cooling
Heat Pump
Fireplace
No
Exterior
Roof
Shingle
Foundation
Block
HOA
Has HOA
None
Additional Information
Styles
Bungalow
Price per Sq Ft
$3,429

Location of 516 Rush Street, Raleigh NC 27610

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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 08-15-2024.
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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516 Rush Street, Raleigh NC 27610
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Home Details
516 Rush Street, Raleigh NC 27610
Status
Active
MLS #ID
10047058
Price
$2,500,000
Bedrooms
3
Bathrooms
2
Square Footage
729
Acres
0.49
Year
1952
DOM
39
Property Type
Residential
Property Sub Type
Single-Family
Price per Sq Ft
$3,429
Date Listed
Aug 15, 2024
Community Information for 516 Rush Street, Raleigh NC 27610
Address
516 Rush St
Subdivision Home Acres
City Raleigh
County Wake
State
North Carolina
Zip Code 27610
Schools
Elementary Wake Smith
Middle Wake North Garner
High
Wake Middle Creek
Interior
Heating
Electric and Forced Air
Cooling
Heat Pump
Fireplace
No
Exterior
Roof
Shingle
Foundation
Block
HOA
Has HOA
None
Additional Information
Styles
Bungalow
Price per Sq Ft
$3,429