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Audrey Reed

audrey.reed@lptrealty.com +1(919) 455-6897

Listed by Berkshire Hathaway HomeService

$ 439,000

Est. payment | -/mo

4 Beds

2 Baths

1,285 SqFt

Save

$ 439,000

Est. payment | -/mo

Save

4 Beds

2 Baths

1,285 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,285 sqft

Price per Sqft $341

Subdivision Not In A Subdivision

MLS Listing ID 10189998

Style Cape Cod,Traditional

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1950

Annual Tax Amount $2,872

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Single Family Residence

Source Doorify MLS

Land Area 1285

Property Description

Exceptional investment opportunity one block from NC State University—just a three-minute walk to campus! Designed for strong rental flexibility, the property offers four bedrooms, two full baths, and an additional flex space that could serve as a fifth bedroom, office, or study. If rented with 5 bedroom spaces monthly cash flow could easily surpass $4,000, giving an investor the potential to maximize rental income and cash flow. Residents can walk to classes, Greek Village, restaurants, shopping, and everyday conveniences, helping drive consistent demand. See attached survey for likely placement of an optional ADU, which offers additional upside and value add. With its highly desirable location and income-producing potential, this property offers a rare opportunity to own rental housing in the heart of the NC State community.

Location

State NC

County Wake

Community Not In A Subdivision

Area 0.14

Zoning RX-3

Interior

Interior Features Laminate Counters, Track Lighting

Cooling Central Air

Flooring Carpet, Luxury Vinyl, Wood

Fireplace No

Appliance Microwave, Dishwasher

Exterior

Exterior Feature Private Yard, Rain Gutters

Parking Features Concrete, Driveway, Parking Pad

Fence Fenced

Roof Type Shingle

Garage No

Building

Lot Description Back Yard

Story One, One and One Half

Water Public

Architectural Style Cape Cod, Traditional

New Construction No

Schools

Elementary Schools Wake - Olds Elementary

Middle Schools Wake - Martin Middle

High Schools Wake - Athens Drive High

Others

Senior Community No

Tax ID 079417203466000 0035155

Security Features Smoke Detector(s)

Acceptable Financing Cash, Conventional, FHA Eligibility

Listing Terms Cash, Conventional, FHA Eligibility

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(919) 455-6897

audrey.reed@lptrealty.com

Learn More About LPT Realty

1006 Carlton AVE Raleigh, NC 27606