191 Chamberlain Street Raleigh, NC 27607
4 Beds
4 Baths
3,120 SqFt
UPDATED:
12/20/2024 11:52 PM
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
HOA Y/N No
Abv Grd Liv Area 3,120
Originating Board Triangle MLS
Year Built 1919
Annual Tax Amount $5,485
Lot Size 7,405 Sqft
Acres 0.17
Property Description
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
Direction Go East on Clark St, take a right on Chamberlain St, the college rental property is on the right across the street from the Logan Apartments - which have the same zoning.
Rooms
Basement Block, Crawl Space, Sump Pump, Unheated
Interior
Heating Central
Cooling Central Air, Multi Units
Flooring Vinyl
Fireplaces Number 2
Fireplace Yes
Appliance Cooktop, Dishwasher, Disposal, Dryer, Electric Oven, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Oven, Refrigerator, Vented Exhaust Fan, Washer, Water Heater, Wine Cooler
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
Handicap Access Accessible Central Living Area, Accessible Common Area, Accessible Kitchen, Accessible Stairway, Common Area
Porch Deck, Front Porch, Patio, Porch, Rear Porch, Wrap Around
Garage Yes
Private Pool No
Building
Building Description Frame,Wood Siding, Hot Tub
Faces Go East on Clark St, take a right on Chamberlain St, the college rental property is on the right across the street from the Logan Apartments - which have the same zoning.
Story 2
Foundation Block, Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Bungalow
Level or Stories 2
Structure Type Frame,Wood Siding
New Construction No
Others
Tax ID 0794920295
Special Listing Condition Standard
