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$1,400,000
3 Beds
2 Baths
2,310 SqFt
0.14 Acre Lot
6,098 Sqft Lot
Status Active
Property Type Single Family Residence
Price Type
Year Built 1907
Neighborhood Not In A Subdivision
Days on Website 49

Property Map

$1,400,000 – 316 E South Street, Raleigh, NC 27601

Street View

Courtesy of Agent Group Realty, Tama Bouncer.

Description

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.

Property Details and Features

Property Access

  • Accessibility Features: “Accessible Approach with Ramp”
  • Road Frontage Type: “City Street”

Appliances & Equipment

  • Appliances: “Electric Range”, “Free-Standing Refrigerator”, “Water Heater”

Basement

  • Basement: “Crawl Space”

Bathrooms

  • 2 full bathrooms
  • 2 total bathrooms
  • 2 total bathrooms

Bedrooms

  • 3 bedrooms

Building

  • Building Area Total: 2310
  • Building Area Units: Square Feet
  • Construction Materials: “Vinyl Siding”
  • Living Area Units: Square Feet
  • Living Area: 2310
  • Other Structures: “Shed(s)”
  • Structure Type: “Site Built”
  • Year Built: 1907

Community

  • Community Features: Sidewalks, Street Lights

Cooling

  • Cooling: “Central Air”
  • Cooling Included

Exterior Features

  • Patio And Porch Features: “Deck”

Fence

  • Fencing: “Fenced”

Floors

  • Flooring: “Vinyl”, “Wood”

Foundation

  • Foundation Details: “Permanent”

Heating

  • Heating: “Central”, “Natural Gas”
  • Heating Included

Interior Features

  • Interior Features: “Eat-in Kitchen”

Laundry

  • Features: “Electric Dryer Hookup”, “Washer Hookup”

Listing

  • Days On Market: 48

Location

  • Subdivision Name: Not in a Subdivision

Lot

  • Lot Size Acres: 0.14
  • Lot Size Area: 6098.4
  • Lot Size Square Feet: 6098.4
  • Lot Size Units: Square Feet
  • Parcel Number: 1703.51863051 0059988

Parking

  • Parking Features: Off Street, On Street
  • Open Parking

Property

  • Property Sub Type: Single Family Residence
  • Zoning: R-10

Roof

  • Roof: “Shingle”

Schools

  • High School: Wake – Broughton
  • Middle Or Junior School: Wake – Moore Square Museum
  • Elementary School: Wake – Joyner

Sewer

  • Sewer: “Public Sewer”

Taxes

  • Tax Annual Amount: 4245.25

Utilities

  • Utilities: “Cable Available”, “Electricity Available”, “Electricity Connected”, “Natural Gas Connected”, “Phone Available”, “Phone Connected”, “Sewer Available”, “Water Available”, “Water Connected”
  • Water Source: “Public”

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