3809 Virginia StreetRaleigh, NC 27610
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$5,703This 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.
2 months ago | Listing updated with changes from the MLS® | |
3 months ago | Listing first seen on site |
Listings that are marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2024 Triangle MLS, Inc. of North Carolina. All rights reserved.
Data last updated: 2024-10-30 12:00 AM UTC
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