Highgarden

Call to Schedule a Showing

(919) 928-5027

(919) 928-5027

516 Rush St Raleigh NC 27610 MLS 10047058

$2,500,000

Photo one of 516 Rush St Raleigh NC 27610 | MLS 10047058
516 Rush St
Raleigh, NC 27610 MLS# 10047058

  • Bedrooms

    3

  • Baths

    2

  • Sq. Feet

    729

  • Year Built

    1952

  • Days On Market

    33

  • $/SqFt

    $3,429

Message Agent
Schedule Tour

7 Photos

  • Image 1 of 7: 516 Rush St, Raleigh
  • Image 2 of 7: 516 Rush St, Raleigh
  • Image 3 of 7: 516 Rush St, Raleigh
  • Image 4 of 7: 516 Rush St, Raleigh
  • Image 5 of 7
  • Image 6 of 7
  • Image 7 of 7
Less Photos /\

Tour This Home

Mon
16 Sep
Tue
17 Sep
Wed
18 Sep
Thu
19 Sep
Fri
20 Sep
Sat
21 Sep
Sun
22 Sep
Schedule Tour

Home Description: 516 Rush St

Discover an exceptional investment opportunity with three contiguous lots on Rush and Marion Streets, offering both immediate income and significant growth potential. 516 Rush St. is a three-bedroom property currently operating as a weekly rental. Zoned RX-3, with potential for a 3-story building with some commercial use. Adjacent to it is a newly constructed 10-room, 10-bath duplex on Marion St., slated for completion in December 2024, with projected monthly income of $6,500.00 - $7,000.00. Together, the three parcels span approximately 1.67 acres. Located near the growing Garner and CrossLink Roads corridor and the popular Crosstowne Subdivision, this property is perfectly positioned for future appreciation. For more details, refer to MLS listing #10047059 / 2806 Marion. Owner financing is available.

  • # Fireplaces: 0
  • Flooring: Hardwood,Linoleum
  • Full Baths: 2
  • Half Baths: 0
  • Parking: Additional Parking
  • Structure: Site Built
  • Construction Materials: Concrete
  • Roof: Shingle
  • Foundation: Block
  • Lot: Corner Lot
  • Lot Size Acres: 0.49

Available now at $2,500,000

  • Property Type: Single Family Residence
  • Style: Bungalow
  • Levels: One
  • New Construction: No
  • Heating: Electric,Forced Air
  • Cooling: Heat Pump
  • Water Source: Public
  • Sewer: Public Sewer
  • Total HOA Dues: $0.00
  • Annual Taxes: $1,565.00
  • Listing Office: Compass -- Raleigh
  • List Status: Active

Neighborhood

The average asking price of a 3 bedroom Raleigh home in this zip code is $420,834 (83.2% less than this home).

This home is priced at $3,429/sqft, which is 92.4% less than similar homes in the 27610 zip code.

Potential Great Value

Map | Street | Birds Eye

516 Rush St Raleigh NC 27610

Print Map | Driving Directions

School Information

  • Elementary:Wake - Smith
  • Middle School:Wake - North Garner
  • High School:Wake - Middle Creek

Financial

  • Approx Payment:$12,162*

Area Stats

These statistics are updated daily from the Triangle Multiple Listing Services, Inc. For further analysis or to obtain statistics not shown below please call Highgarden Real Estate at (919) 928-5027 and speak with one of our real estate consultants.

Popular Homes

City
Avg Price
Median Price
Available
Distressed
Reduced
Avg DOM
Apex
$884,646
$750,000
267
0.0%
31.8%
49

Carrboro
$677,100
$595,000
13
7.7%
61.5%
62

Cary
$948,365
$789,000
247
0.4%
46.6%
57

Chapel Hill
$1,131,693
$885,990
279
1.4%
35.1%
75

Clayton
$430,884
$399,900
452
1.1%
44.2%
68

Durham
$594,544
$474,819
818
0.9%
40.0%
62

Fuquay Varina
$567,800
$499,700
477
0.6%
29.4%
62

Garner
$477,713
$468,300
307
0.7%
37.8%
50

Hillsborough
$812,014
$627,500
70
1.4%
40.0%
71

Holly Springs
$703,068
$681,000
166
0.6%
36.1%
54

Knightdale
$494,435
$515,890
161
0.6%
44.7%
58

Morrisville
$705,742
$650,000
33
3.0%
30.3%
36

Rolesville
$533,148
$480,000
34
0.0%
35.3%
60

Wake Forest
$764,723
$579,900
488
0.8%
32.4%
71

Wendell
$485,109
$436,200
336
1.2%
31.5%
75

Youngsville
$562,456
$460,000
221
0.0%
24.9%
75

Zebulon
$457,292
$373,686
236
0.4%
31.8%
76

Listing Courtesy of Compass -- Raleigh. For information or to schedule a viewing of this property (MLS# 10047058) located at 516 Rush St Raleigh NC 27610, call: 919-928-5027

516 Rush St, Raleigh NC is a single family home of 729 sqft and is currently priced at $2,500,000 . This single family home has 3 bedrooms. A comparable home for sale at 7013 Farmdale Rd in Raleigh is listed at $650,000. This home on 516 Rush St has not had a price change. In addition to single family homes, Highgarden also makes it easy to find Homes, Condos, New Homes and Foreclosures in Raleigh, NC. Coley Forest, Sweetwater and Stonewater are nearby neighborhoods. MLS 10047058 has been posted on this site since 8/15/2024 (today).

Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers� personal, non-commercial use. Copyright 2024 Doorify MLS of North Carolina. All rights reserved. Listings last updated 9/16/2024.

Message Agent

Send

Schedule a tour

516 Rush St Raleigh NC 27610

Choose a day and time

You Requested

We'll be in touch shortly to confirm your tour time and other details. Please let us know how to reach you.

Schedule Tour

CLOSE

Your message has been sent!

The agent will be in touch with you in just a minute.