North Carolina
Raleigh
1207 Carlton Avenue

$219,000

1207 Carlton Avenue, Raleigh, NC 27606

Land
Built in ——
4,356sqft lot
—— car garage
$——/sqft
Listed 2 months ago

Property Description

PRIME BUILDABLE LOT IN THE HEART OF NC STATE RENTAL MARKET!Located just one block from NC State campus, this buildable lot offers an exceptional opportunity for student housing development in a highly sought-after area. Zoned to accommodate a custom duplex and additional Accessory Dwelling Unit (ADU), this property allows for up to 12 bedrooms, perfect for maximizing rental income in the vibrant student community.Key Features:Location: Prime location just one block from NC State campus.Zoning: Approved for a 4 bedroom duplex plus an ADU, totaling up to 12 bedrooms.Customized Plans: Purchase pre-designed customizable building plans or use your own builder to create a tailored student housing solution.Rental Demand: Strong demand for student rentals per bedroom ensures high occupancy rates.Community: Established neighborhood with proximity to campus amenities and services.Development Zone: Part of a growing student development area with 7 other proposed new duplexes.Don't miss out on this exceptional investment opportunity to capitalize on the thriving NC State rental market. Build your portfolio with this high-yield property in a rapidly developing student-centric community.

Listing Status:: Active
Listing Office:: Coldwell Banker HPW : 919-876-8824
Listing Agent:: Ida Terbet : 919-539-6409
MLS ID:: 10097772

Road/Access: City Street
HOA Amenities: None
Originating MLS: AMLSNC
County: Wake

This listing courtesy of Ida Terbet, Coldwell Banker HPW

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Combs Magnet Elementary School

2001 Lorimer Rd, Raleigh, NC, 27606

Grades PK-5

0.87 miles away

Wake Young Women's Leadership Academy

301 Ashe Ave, Raleigh, NC, 27606

Grades 6-12

1.59 miles away

Wake STEM Early College High School

715 Barbour Dr, Raleigh, NC, 27603

Grades 9-12

1.35 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.