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!
MLS# | 10067979 |
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Listing Type | For Sale |
Style | House |
Building Name | The Edge of College Campus |
Sub-Type | Resale |
Status | Active |
Year | 1919 |
Days On Site | 60 |
Listing Provided By | Shelton Properties by KW | Nash W Patton |
Bed(s) | 4 |
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Bath(s) | 4 Total |
SQ Feet | 3,120 |
Garage | 4 |
Basement | Y |
Story(s) | 2 |
Zoning | RX-3 |
Acreage | 0.17 |
Property View | Yes |
State | NC |
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County | Wake |
City | Raleigh |
Zip Code | 27607 |
Area | Wake |
Community Name | Cameron Park |
Listing VS Median (in Cameron Park) | |
Price: $1,350,000 low | high Med: $1,087,500 SqFt: 3,120 low | high Med: 2,473 $ / SqFt: $433 low | high Med: $438 On Site: 60 low | high Med: 41.000000 |