Raleigh, NC 27610,2808 Marion Road
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Raleigh, NC 27610,2808 Marion Road
Raleigh, NC 27610,2808 Marion Road
Raleigh, NC 27610,2808 Marion Road
Raleigh, NC 27610,2808 Marion Road
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Listed by Compass -- Raleigh
$ 2,500,000
Est. payment /mo
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Active

2808 Marion Road Raleigh, NC 27610

10 Beds

10 Baths

3,360 SqFt


UPDATED:

11/18/2024 10:49 PM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,360 sqft

Price per Sqft $744

Subdivision Home Acres

MLS Listing ID 10047059

Bedrooms 10

Full Baths 10

HOA Y/N No

Abv Grd Liv Area 3,360

Originating Board Triangle MLS

Year Built 2024

Annual Tax Amount $1,693

Lot Size 1.180 Acres

Acres 1.18

Property Description

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 $8,500 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.

Location

State NC

County Wake

Direction Take 440 E to US-64W. Take Exit toward Hammond Road. Left on Hammond Road. Left onto Rush St. Right onto Marion Road. Destination is on your right.

Interior

Heating Heat Pump

Cooling ENERGY STAR Qualified Equipment, Heat Pump

Flooring Simulated Wood, Tile, Vinyl

Fireplace No

Appliance Electric Water Heater, Exhaust Fan, Free-Standing Electric Range, Refrigerator

Exterior

View Y/N Yes

Roof Type Shingle

Garage No

Private Pool No

Building

Faces Take 440 E to US-64W. Take Exit toward Hammond Road. Left on Hammond Road. Left onto Rush St. Right onto Marion Road. Destination is on your right.

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style A-Frame

Level or Stories 2

Structure Type Vinyl Siding

New Construction Yes

Schools

Elementary Schools Wake - Smith

Middle Schools Wake - North Garner

High Schools Wake - Middle Creek

Others

Senior Community false

Tax ID 7B

Special Listing Condition Standard


Doorify MLS / Triangle MLS

Nicole Prophet

Broker | License ID: 313289

+1(919) 322-8090

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2808 Marion Road