191 Chamberlain Street new to site

Raleigh,NC 27607

$ 1350000

4 Beds

4 Baths

3120 SqFt


Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 3,120 sqft

Price per Sqft $432

Subdivision Cameron Park

MLS Listing ID 10067979

Bedrooms 4

Full Baths 3

Half Baths 1

Year Built 1919

Annual Tax Amount $5,485

Lot Size 7,405 Sqft

Property Description

Prime Income-Producing Opportunity Across from NCSU!

Welcome to 191 Chamberlain St., Raleigh, NC, a high-demand, income-generating property just steps away from NC State University and the vibrant Hillsborough Street corridor. This 4-bedroom, 3.5-bath home with a 4-car garage and walk-in closets offers both comfort and convenience, making it an ideal rental for students and professionals alike.

Income Potential:
Generate approximately $5,000 per month in rental income, with strong lease demand in this unbeatable location.

The Appeal:

Proximity: Just 1 block from NCSU, a short walk to the Village District, Cameron Village, and countless amenities.
Versatility: Zoned RX-3, allowing for single-unit, multi-unit, or group living, with future redevelopment potential.
Convenience: Spacious 3,120 SF layout on a 0.17-acre lot with modern amenities and plenty of parking.
Zoning and Redevelopment Potential:
The RX-3 zoning opens up a range of possibilities, including multi-unit housing, dormitories, or future redevelopment projects with favorable setbacks. This is an excellent opportunity for residential investors seeking high-yield properties in a prime location.

Don't miss the chance to invest in one of Raleigh's most sought-after rental neighborhoods!

Location

State NC

County Wake

Community Park,Restaurant,Sidewalks,Street Lights

Zoning RX-3

Interior

Heating Central

Cooling Central Air,Multi Units

Flooring Vinyl

Fireplaces Number 2

Exterior

Exterior Feature Balcony,Fire Pit,Private Entrance,Private Yard,Rain Gutters,Storage

Garage Spaces 4.0

Community Features Park,Restaurant,Sidewalks,Street Lights

View Y/N Yes

Roof Type Shingle

Building

Building Description Frame,Wood Siding, Hot Tub

Story 2

Foundation Block,Concrete Perimeter

Sewer Public Sewer

Water Public

Structure Type Frame,Wood Siding

New Construction No

Others

Special Listing Condition Standard

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