316 E South Street, Raleigh, NC

$1,400,000

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3

Beds

2

Baths

2,310

Square feet

0.140

Acres

About 316 E South Street

OPEN HOUSE 1:00 - 3:00 p.m. DECEMBER 15, 2024. 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.

Features of 316 E South Street

MLS® # 10061415
Price $1,400,000
Bedrooms 3
Bathrooms 2.00
Full Baths 2
Square Footage 2,310
Acres 0.14
Year Built 1907
Type Residential
Sub-Type Single Family Residence
Style Victorian
Status Active

Community Information

Address 316 E South Street
Subdivision Not in a Subdivision
City Raleigh
County Wake
State NC
Zip Code 27601

Amenities

Utilities Cable Available, Electricity Available, Electricity Connected, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Water Available, Water Connected
Parking Spaces 2
Parking Off Street, On Street
Is Waterfront No
Has Pool No

Interior

Interior Features Eat-in Kitchen
Appliances Electric Range, Free-Standing Refrigerator, Water Heater
Heating Central, Natural Gas
Cooling Central Air
Fireplace No
# of Stories 2
Stories Two
Has Basement Yes
Basement Crawl Space

Exterior

Roof Shingle
Construction Vinyl Siding
Foundation Permanent

School Information

Elementary Wake - Joyner
Middle Wake - Moore Square Museum
High Wake - Broughton

Additional Information

Date Listed November 1st, 2024
Zoning R-10
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeAgent Group Realty

Listing Map

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