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
Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.
©2024 Doorify MLS of North Carolina. All rights reserved.
Data last updated 7:18 PM UTC, 12/20/2024