4009 Virginia St, Raleigh, NC 27610

$998,900

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Seller Representative Real Triangle Properties LLC

List Price
$998,900
Status
ACTIVE
MLS#
10144956
Lot Size
101,494
Subdivision
Beacon Lake
Acres
2.33

Property Description

2.33 acres - 5 DETACHED HOMES with City Utilities (2 rented) and a 6th vacant lot ready to build, each with Family room, 2 Bed rooms, 1FB on 2.33 acres of prime land offNew Bern Ave, close to Wake Med and just 5 miles from downtown Raleigh! Terrific investment opportunity! Some work needed in 3 of the 5 homes beforethey can be occupied. BEING SOLD 'AS IS'. No Appraisal contingency. Average rent is $750/month. Much higher rent potential. There are no long term leases so buyer can start with new tenant/rent. Please check the new Raleigh zoning and potentail for multiple homes and ADU units. Home is said to bein one of Raleigh's redevelopment areas. Please check https://Useful info at: https://user-2081353526.cld.bz/UnifiedDevelopmentOrdinance

Additional Information

Utilities
Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Available, Water Available
Water
Public
Vegetation
Brush, Cleared

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .