$1,350,000
 $7,665 est/mo Sourced by Back At You

191 Chamberlain Street , Raleigh, NC 27607

Raleigh, NC 27607

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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!

Details

MLS#10067979
Listing TypeFor Sale
StyleHouse
Building NameThe Edge of College Campus
Sub-TypeResale
StatusActive
Year1919
Days On Site60
Listing Provided ByShelton Properties by KW | Nash W Patton

Features

Bed(s)4
Bath(s) 4 Total
SQ Feet3,120
Garage4
BasementY
Story(s)2
ZoningRX-3
Acreage0.17
Property ViewYes

Market Activity 27607

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Listings Checked: 1 minute ago
StateNC
CountyWake
CityRaleigh
Zip Code27607
AreaWake
Community NameCameron Park
Listing VS Median (in Cameron Park)
Price:
$1,350,000
low | high
Med:
$1,087,500
69.444444444444% of Average
SqFt:
3,120
low | high
Med:
2,473
70.753205128205% of Average
$ / SqFt:
$433
low | high
Med:
$438
48.669609765603% of Average
On Site:
60
low | high
Med:
41.000000
100% of Average
Sourced by Back At You
Listing Updated: January 15, 2025 at 12:04:51 PM PST