2808 Marion Road
$2,500,000
10
10
3,360
3,360
$744
Listed By Compass
Description
An exceptional development opportunity awaits! Three contiguous lots spanning over 1.5 acres are now available for sale, offering both immediate income and long-term growth potential. The offering includes a newly constructed 10-room / 10-bath duplex, set for completion in December 2024, with projected rental income exceeding $8,500 per month. The sale comprises three parcels:
512 Rush St. (Lot 7A), 2806 Marion Road (Lot 7B), and 2808 Marion Road (Land / Lot 8X).
Developers can buy and hold, generating...An exceptional development opportunity awaits! Three contiguous lots spanning over 1.5 acres are now available for sale, offering both immediate income and long-term growth potential. The offering includes a newly constructed 10-room / 10-bath duplex, set for completion in December 2024, with projected rental income exceeding $8,500 per month. The sale comprises three parcels:
512 Rush St. (Lot 7A), 2806 Marion Road (Lot 7B), and 2808 Marion Road (Land / Lot 8X).
Developers can buy and hold, generating immediate rental income, or further capitalize on the potential by adding additional structures. For more details, refer to MLS#: 10047059 (516 Rush St.). Owner financing is available, making this a prime opportunity for investors.
512 Rush St. (Lot 7A), 2806 Marion Road (Lot 7B), and 2808 Marion Road (Land / Lot 8X).
Developers can buy and hold, generating...An exceptional development opportunity awaits! Three contiguous lots spanning over 1.5 acres are now available for sale, offering both immediate income and long-term growth potential. The offering includes a newly constructed 10-room / 10-bath duplex, set for completion in December 2024, with projected rental income exceeding $8,500 per month. The sale comprises three parcels:
512 Rush St. (Lot 7A), 2806 Marion Road (Lot 7B), and 2808 Marion Road (Land / Lot 8X).
Developers can buy and hold, generating immediate rental income, or further capitalize on the potential by adding additional structures. For more details, refer to MLS#: 10047059 (516 Rush St.). Owner financing is available, making this a prime opportunity for investors.
Property Details for 2808 Marion Road
View
Yes
WaterfrontNo
SubdivisionHome Acres
LISTING UPDATED: 11/18/2024 12:49 PM
Property Details for 2808 Marion Road
Status | Active |
---|---|
MLS # | 10047059 |
Days on Market | 100 |
Taxes | $1,693 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential / Duplex |
Year Built | 2024 |
Lot Size | 1.18 AC / 51,400 SF |
County | Wake County |
Building Information for 2808 Marion Road
Stories2Residences-Year Built2024Building Size-Lot Size1.18 AC / 51,400 SF
Property Information for 2808 Marion Road
Property History for 2808 Marion Road
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2808 Marion Road
Taxable ValueLand$195,000Additions-Total$195,000
Tax Record2024$1,694 ($141 / month)
Home Facts
Baths5.5Total Finished SqFt3,859 SqFtAbove Grade Finished SqFt3,859 SqFtStories1Lot Size51,401 SqFtStyleMiscellaneous Vacant LandYear Built1953ZoningRX-3CountyWAKEAPN1702.16-84-9577 0081554
Schools near 2808 Marion Road
This home is within Wake County School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 13 |
Rating | School | Distance |
---|---|---|
Smith Elementary PublicPK to 5 | ||
North Garner Middle Public6 to 8 | ||
Middle Creek High Public9 to 12 | ||
Vernon Malone College and Career Academy Public9 to 13 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.