$475,000

1006 Carlton Avenue, Raleigh, NC 27606

  • 4 beds |
  • 2 baths |
  • 1,200 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon6,098sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $396/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

Charming 1950 cottage in a coveted Residential Mixed-Use corridor--just minutes to Downtown and steps to the NCSU Wolfline bus. At ~1,200 SF, this small-but-mighty property has a strong history as an income-producing student rental and offers multiple paths forward: continue as a turnkey rental, convert to a live/work setup, or explore select commercial or expansion options permitted by zoning (buyer to verify). The site's proximity to a major university, transit, dining, and everyday amenities makes it an A+ location for long-term demand and future upside.Highlights~1,200 SF vintage 1950 home in Residential Mixed Use zoningProven income property; rent history available upon requestSteps to NCSU bus transit; quick access to Downtown, greenways, shops, and diningFlexible path: continue rental, pursue live/work, small office, or other allowed uses*Expansion potential--room to add on or reconfigure*Hard-to-beat location with strong renter pool and redevelopment momentum*All uses, density, and expansion potential subject to city approval; buyer to verify zoning, setbacks, parking, and any permitting requirements.

Listing Status:
Active
Listing Office:
CAROLINAS METRO REALTY I LLC : 919-391-5555
Listing Agent:
Elena Sergeevna Stoyanova : 919-802-8538
MLS ID:
10127969
  • General: Bedroom on Main LevelPantryWalk-In Shower
  • Appliances: Washer/Dryer StackedDishwasherElectric CooktopElectric OvenElectric Water HeaterMicrowave
  • Laundry: Laundry ClosetIn HallMain Level
  • Basement: Crawl Space
  • Flooring: CarpetVinyl
  • A/C: Central AirElectricWall/Window Unit(s)
  • Heating: ElectricForced Air
  • General: None
  • Style: Cottage
  • Other Structures: None
  • Parking: AsphaltNo GarageOn SiteOpenOutsideParking LotParking spaces: 4
  • Roofing: Shingle
  • General: BrickVinyl Siding2Crawlspace
  • Road/Access: City Street
  • Originating MLS: AMLSNC_TRIANGLE
  • County: Wake
  • Zoning: Lo2 Vfs Land Co LLC Property Bm2010-002400794203466
  • Utilities: Electricity ConnectedSewer ConnectedWater Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: AMLSNC_TRIANGLE

This listing courtesy of Elena Sergeevna Stoyanova, CAROLINAS METRO REALTY I LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Combs Magnet Elementary School

2001 Lorimer Rd, Raleigh, NC, 27606

Grades PK-5

0.99 miles away

W

Wake Young Women's Leadership Academy

301 Ashe Ave, Raleigh, NC, 27606

Grades 6-12

1.64 miles away

W

Wake STEM Early College High School

715 Barbour Dr, Raleigh, NC, 27603

Grades 9-12

1.46 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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