$1,350,000
For Sale

191 Chamberlain Street

Raleigh, NC 27607
3120 sqft | 4 beds | 3.5 baths | 0.17 acres | #10067979
Browse 34 photos
Type:Multi-Family
Structure:Unit
Zone:Residential

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!

  • Property Details
      • Exterior FeaturesBalcony, Fire Pit, Private Entrance, Private Yard, Rain Gutters, Storage
      • Exterior MaterialsBalcony, Fire Pit, Private Entrance, Private Yard, Rain Gutters, Storage
      • Community FeaturesPark, Restaurant, Sidewalks, Street Lights
      • Basement DescriptionBlock, Crawl Space, Sump Pump, Unheated
      • CoolingCentral Air, Multi Units
      • Parking FeaturesAdditional Parking
      • Property TypeMulti-Family
      • Sewer InformationPublic Sewer
      • SubdivisionCameron Park
      • Property SubtypeApartment
      • StyleBungalow
      • MLS #10067979
      • MLS #10067979
      • HeatingCentral
      • RoofShingle
      • Cost1350000
      • Utility SourcePublic
      • Taxes Annual$5,485
      • Acres0.17
      • Square Feet3120
      • Year Built1919
      • CountyWake
      • ZoningRX-3
      • Bathrooms3.5
      • Fireplaces2
      • Bedrooms4
      • Full Baths3
      • Half Baths1
      • Stories2
      • Parking Spaces4
      • Basement1

Location

Chuck Belden | Relevate Real Estate Inc.Real Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00