316 E South Street
Raleigh, NC 27601

Home for sale - Not in a Subdivision

OPEN HOUSE 1 - 3 P.M. Sunday, February 23, 2025 What a great investment opportunity near downtown Raleigh, one of the fastest growing cities in the Southeast. 310 (MLS# 10064429) and 316 E. South Street are zoned R-10 and intended to accommodate moderate-density residential development, either as single-family attached or detached dwellings on each lot. The large Victorian home is adjacent to a similarly sized parcel that is ready for development. The properties will be sold as a package for a price of $2.5M. The property is within a short distance to Shaw University, Martin Marietta Center for the Performing Arts and downtown Raleigh. Easy access to I-40. The 2 story home, located close to downtown Raleigh, the Martin Marietta Center for the Performing Arts and Shaw University, is a great investment opportunity and ready for renovations. Enjoy time on the rear deck and view of the rock garden. Property being sold 'as is.' Seller will make no repairs.

Open House:

• Listing Price: $1,400,000

• Square Feet: 2310

• Bedrooms: 3

• Bathrooms: 2 full, 0 half

• Acres: 0.14

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