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!
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Listing Snapshot
Price
$1,350,000
Days On Site
0 Days
Bedrooms
4
Inside Area (SqFt)
3,120 sqft
Total Baths
4
Full Baths
3
Partial Baths
1
Lot Size
0.17 Acres
Year Built
1919
MLS® Number
10067979
Status
Active
Property Tax
$5,485.86
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
22 hours ago
Listing updated with changes from the MLS®
23 hours ago
Listing first seen on site
General Features
Acres
0.17
Foundation
BlockConcrete Perimeter
Garage
Yes
Garage Spaces
4
Number Of Stories
2
Parking
Additional Parking
Property Sub Type
Apartment
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
3120
SqFt Total
3120
Stories
Two
Style
Bungalow
Water Source
Public
Zoning
RX-3
Interior Features
Appliances
CooktopDishwasherDisposalDryerElectric OvenElectric Water HeaterExhaust FanIce MakerMicrowaveOvenRefrigeratorVented Exhaust FanWasherWater HeaterWine Cooler
Listing courtesy of Nash W Patton of Shelton Properties by KW
Listings that are marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2024 Triangle MLS, Inc. of North Carolina. All rights reserved.
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