
$419,000
1006 Carlton Avenue
Raleigh, NC 27606
4 bd · 2 ba · 1,285 sqft
Bedrooms
4
Bathrooms
2
Square feet
1,285
Year built
1950
Lot size
0.14 acres
Features
- Laminate Counters
- Track Lighting
- Private Yard
- Rain Gutters
About this home
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.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of Doorify MLS. Real estate listings held by brokerage firms other than CP Triangle are marked with the IDX logo, and detailed information about them includes the name of the listing brokers.
Listing provided by George Patrick III, Berkshire Hathaway HomeService
Data last updated: