Active
2808 Marion Road
Raleigh NC, 27610
$2,500,000
$744.05 per sqft
Active
10 Beds
10 Baths
3,360 sqft
Multi-family
Built in 2024
Listing courtesy of Compass -- Raleigh
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 $6,500 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.
10047059
MLSⓇ ID
August 15, 2024
Listed
October 2, 2024
Updated
Map
2808 Marion Road
Raleigh NC, 27610
Interior Features
Total Stories
2
Bedrooms
10
Total Bathrooms
10
Full Bathrooms
10
Appliances
Electric Water Heater, Exhaust Fan, Free-Standing Electric Range, Refrigerator
Floor Description
Simulated Wood, Tile, Vinyl
Fireplace
No
Cooling
Yes
Cooling Description
ENERGY STAR Qualified Equipment, Heat Pump
Heating
Yes
Heating Description
Heat Pump
Exterior/Building Features
Lot Size
1.18 Acres
Architectual Style
A-Frame
Roof
Shingle
Sewer
Public Sewer
School Information
High School
Wake - Middle Creek
Elementary School
Wake - Smith
Other Property Details
Taxes
$1,693
Tax Frequency
Annually
Days on Market
39
Garage
No
View
Yes
County
Wake
Water Source
Public
Pool
No
Listed by Marianne Mansour, , Compass -- Raleigh
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Data last updated 12:48 AM UTC, 10/2/2024