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!
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 3.5
- Full Bathrooms: 3
- 1/2 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
Other Rooms
- Basement Features: Block, Crawl Space, Sump Pump, Unheated
Heating and Cooling
- Cooling Features: Central Air, Multi Units
- Heating Features: Central
- Heating: Yes
- Number of Fireplaces: 2
Interior Features
Exterior and Lot Features
- Balcony
- Fire Pit
- Private Entrance
- Private Yard
- Rain Gutters
- Storage
- Patio And Porch Features: Deck, Front Porch, Patio, Porch, Rear Porch, Wrap Around
- Road Frontage Type: Alley, City Street
- Road Responsibility: Public Maintained Road
Pool and Spa
- Spa Features: Private
- Spa: Yes
Land Info
- Lot Size Acres: 0.17
- Lot Size Square Feet: 7405
Garage and Parking
- Garage Spaces: 4
- Open Parking Spaces: 4
- Open Parking: Yes
- Parking Features: Additional Parking
Homeowners Association
- Calculated Total Monthly Association Fees: 0
Amenities and Community Features
- Community Features: Park, Restaurant, Sidewalks, Street Lights
Other Property Info
- Annual Tax Amount: 5485.859999999
- Source Listing Status: Active
- County: Wake
- Directions: Go East on Clark St, take a right on Chamberlain St, the college rental property is on the right across the street from the Logan Apartments - which have the same zoning.
- Tax Year: 2024
- Source Property Type: Residential Income
- Property Subtype: condo
- Source Neighborhood: Cameron Park
- Owner Pays: All Utilities
- Parcel Number: 0794920295
- Postal City: Raleigh
- Subdivision: Cameron Park
- Zoning: RX-3
- Property Subtype: Apartment
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 3120
- Year Built: 1919
- Above Grade Finished Area: 3120
- Building Area Total: 3120
- Building Exterior Type: Frame, Wood Siding
- Construction Materials: Frame, Wood Siding
- Foundation Details: Block, Concrete Perimeter
- Levels: Two
- Property Age: 105
- Roof: Shingle
- Architectural Style: Bungalow
Accessibility Features
- Accessibility Features: Accessible Central Living Area, Accessible Common Area, Accessible Kitchen, Accessible Stairway, Common Area
Utilities
- Sewer: Public Sewer
- Water Source: Public
