Active

191 Chamberlain Street

Raleigh NC, 27607

$1,350,000


$432.69 per sqft

Active

4 Beds

4 Baths

3,120 sqft

Condos

Built in 1919

Listing courtesy of Shelton Properties by KW

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!

10067979

MLS ID

December 20, 2024

Listed

December 20, 2024

Updated

Map

191 Chamberlain Street
Raleigh NC, 27607

Interior Features

Total Stories

2


Bedrooms

4


Total Bathrooms

4


Full Bathrooms

3


Half Bathrooms

1


Appliances

Cooktop, Dishwasher, Disposal, Dryer, Electric Oven, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Oven, Refrigerator, Vented Exhaust Fan, Washer, Water Heater, Wine Cooler


Floor Description

Vinyl


Fireplace

Yes


Cooling

Yes


Cooling Description

Central Air, Multi Units


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.17 Acres


Exterior Features

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


Architectual Style

Bungalow


Roof

Shingle


Sewer

Public Sewer

Other Property Details

Taxes

$5,486


Tax Frequency

Annually


Garage

Yes


Garage Spaces

4


Parking

Additional Parking


View

Yes


County

Wake


Water Source

Public


Pool

No


Zoning

RX-3

Listed by Nash W Patton, , Shelton Properties by KW

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Data last updated 7:18 PM UTC, 12/20/2024

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