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$1,350,000
2 Days On Site

191 Chamberlain Street
Raleigh, NC 27607

For Sale|Apartment|Active
4
Beds
3
Full Baths
1
Partial Bath
3,120
SqFt
$433
/SqFt
1919
Built
Subdivision:
Cameron Park
County:
Wake

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919-427-5671
191 Chamberlain Street191 Chamberlain Street191 Chamberlain Street191 Chamberlain Street
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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 
2 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
Recent Activity
3 days agoListing updated with changes from the MLS®
3 days agoListing 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
Basement 
BlockCrawl SpaceSump Pump
Cooling 
Central AirMulti Units
Fireplace 
Yes
Fireplaces 
2
Flooring 
Vinyl
Heating 
Central
Spa 
Yes
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Exterior Features
Construction Details 
Wood SidingFrame
Exterior 
BalconyFire PitPrivate EntrancePrivate YardRain GuttersStorage
Patio And Porch 
DeckFront PorchPatioPorchRear PorchWrap Around
Road Frontage 
AlleyCity Street
Roof 
Shingle
Spa 
Yes
Spa Features 
Private
Community Features
Accessibility Features 
Accessible Central Living AreaAccessible Common AreaAccessible KitchenAccessible StairwayCommon Area
Community Features 
ParkRestaurantSidewalksStreet Lights
Financing Terms Available 
FHAPrivate Financing AvailableAssumableContract1031 Exchange
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.

Data last updated: 2024-10-30 12:00 AM UTC

Neighborhood & Commute
Source: Walkscore
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