$1,250,000
For Sale

3809 Virginia Street

Raleigh, NC 27610
5376 sqft | 9 beds | 9 baths | 0.92 acres | #10048102
Browse 5 photos
Type:Purchase
Structure:Townhouse
Zone:Residential

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.

  • Interior Details
      • CoolingHeat Pump
      • HeatingHeat Pump
    • Beds & Baths
      • Bedrooms9
      • Bathrooms9
      • Full Baths9
  • Property Details
      • Stories1
    • Measurements
      • Acres0.92
      • Square Feet5376
    • Parking
      • Parking Spaces1
  • Construction Details
      • Property TypePurchase
      • StyleRanch
    • Condition
      • Year Built1968
    • Material information
      • RoofMetal
  • Utilities / Energy Details
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionBeacon Lake
    • Location
      • Middle SchoolWake - Moore Square Museum
      • Elementary SchoolWake - Partnership
      • High SchoolWake - S E Raleigh
      • CountyWake
      • ZoningR-4
  • Financial Details
      • Taxes Annual$4,698
  • Other
      • MLS #10048102

Location

Jonathan Smith | EXP Realty LLCReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00