516 Rush Street, Raleigh NC 27610

Discover a prime investment opportunity with three contiguous lots now available for sale. Two of these lots are already income-producing:
512 Rush St.: A three-bedroom property currently serving as a weekly rental. With current RX-3 Zoning, Rush St. offers potential for 3 story building, with possible commercial use. This area is experiencing significant growth, with new developments along Garner and CrossLink Roads. Location is near popular Crosstowne Subdivision. The other parcels include a newly constructed 10-room /10-bath duplex, slated for completion in November 2024, with adjoining land available. The total combined acreage for the three lots is approximately 1.67 acres. Projected monthly income from existing rentals ranges between $6,500.00 and $7,000.00, with further opportunities to expand and create additional income-generating units. For more details, refer to MLS listing #10047059 / 2806 Marion. Owner financing is available. Don’t miss this exceptional investment opportunity!

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