3809 Virginia Street
$1,250,000
9
9
5,376
5,376
$233
Listed By Compass
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....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.
Property Details for 3809 Virginia Street
Subdivision
Beacon Lake
LISTING UPDATED: 09/11/2024 02:10 PM
Property Details for 3809 Virginia Street
Status | Active |
---|---|
MLS # | 10048102 |
Days on Market | 85 |
Taxes | $4,698 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential / Duplex |
Year Built | 1968 |
Lot Size | 0.92 AC / 40,075 SF |
County | Wake County |
Building Information for 3809 Virginia Street
Stories1Residences-Year Built1968Building Size-Lot Size0.92 AC / 40,075 SF
Property Information for 3809 Virginia Street
Property History for 3809 Virginia Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 3809 Virginia Street
Taxable ValueLand$96,000Additions$169,444Total$265,444
Tax Record2024$2,345 ($195 / month)
Home Facts
Beds0Baths2.5Total Finished SqFt1,500 SqFtAbove Grade Finished SqFt1,500 SqFtStories1Lot Size40,075 SqFtStyleSingle Family ResidenceYear Built1968ZoningR-4CountyWAKEAPN1724.15-64-2904 0076854
Schools near 3809 Virginia Street
This home is within Wake County School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 6 to 8 |
Rating | School | Distance |
---|---|---|
Partnership Elementary PublicK to 5 | ||
Moore Square Museum Magnet Mid Public6 to 8 | ||
Southeast Raleigh High Public9 to 12 | ||
River Oaks Middle Public6 to 8 |
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.
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