Raleigh, NC 27610,3809 Virginia Street
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Raleigh, NC 27610,3809 Virginia Street
Raleigh, NC 27610,3809 Virginia Street
Raleigh, NC 27610,3809 Virginia Street
Raleigh, NC 27610,3809 Virginia Street
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Listed by Compass -- Raleigh
$ 1,250,000
Est. payment /mo
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Active

3809 Virginia Street Raleigh, NC 27610

9 Beds

9 Baths

5,376 SqFt


UPDATED:

09/23/2024 05:42 PM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 5,376 sqft

Price per Sqft $232

Subdivision Beacon Lake

MLS Listing ID 10048102

Bedrooms 9

Full Baths 9

HOA Y/N No

Abv Grd Liv Area 5,376

Originating Board Triangle MLS

Year Built 1968

Annual Tax Amount $4,698

Lot Size 0.920 Acres

Acres 0.92

Property Description

This unique offering includes two duplexes on a shared lot—3809 Virginia St. and 3807 Thelma St.—with flexible options for buyers. Zoned RX-4 with a Transit Overlay District (TOD), the property presents significant development potential, allowing for the construction of a 6-story residential mixed-use building with minimal parking and frontage requirements. Currently, both duplexes are income-producing, with rooms rented by the week. 3809 Virginia St. features 5 beds/5 baths, while 3807 Thelma St. has 4 beds/4 baths and a garage, with each room generating weekly income. Whether you're looking to capitalize on the immediate rental income or redevelop the property for larger-scale use, this opportunity offers the best of both worlds. Owner financing is available.

Location

State NC

County Wake

Zoning R-4

Direction Follow I-440 E to US-64 BUS E/New Bern Ave. Take exit 13B from I-440 E Merge onto I-440 E Take exit 13B for U.S. 64 Business E toward Knightdale Continue on US-64 BUS E/New Bern Ave. Turn right onto Plainview Dr Turn left onto Hillcrest Dr Turn right onto Virginia St Destination will be on the left

Interior

Heating Heat Pump

Cooling Heat Pump

Flooring Carpet, Ceramic Tile

Fireplace No

Exterior

Garage Spaces 1.0

View Y/N Yes

Roof Type Metal

Garage Yes

Private Pool No

Building

Faces Follow I-440 E to US-64 BUS E/New Bern Ave. Take exit 13B from I-440 E Merge onto I-440 E Take exit 13B for U.S. 64 Business E toward Knightdale Continue on US-64 BUS E/New Bern Ave. Turn right onto Plainview Dr Turn left onto Hillcrest Dr Turn right onto Virginia St Destination will be on the left

Story 1

Foundation Block

Sewer Public Sewer

Water Public

Architectural Style Ranch

Level or Stories 1

Structure Type Brick,Vinyl Siding

New Construction No

Schools

Elementary Schools Wake - Partnership

Middle Schools Wake - Moore Square Museum

High Schools Wake - S E Raleigh

Others

Senior Community false

Tax ID 111

Special Listing Condition Standard


Doorify MLS / Triangle MLS

Nicole Prophet

Broker | License ID: 313289

+1(919) 322-8090

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3809 Virginia Street