MLS# 10061415 – 316 E South Street, Raleigh, NC 27601

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$1,400,000 - 3Br/2Ba - for Sale in Not In A Subdivision, Raleigh
Price: $1,400,000
Beds: 3
Baths: 2
Living Area SqFt: 2,310
Status: Active
Property Type: Single Family Residence
Lot Size Acres: 0.14
Lot Size SqFt: 6,098
Year Built: 1907
Neighborhood: Not In A Subdivision
Days on Website: 49

Courtesy of Agent Group Realty, Tama Bouncer.

Property 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”

Property Map

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

Street View

Nearby Schools

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