1006 Carlton Avenue
Raleigh, NC 27606Charming 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 zoning Proven income property; rent history available upon request Steps to NCSU bus transit; quick access to Downtown, greenways, shops, and dining Flexible 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.
$475,000
4 bedrooms
2 full bathrooms
0.14 acres
1,200 square feet
$396 per square foot
- Exterior Features
- Interior Features
- Property Features
- Common Walls No One Above
- Construction Materials Brick, Vinyl Siding
- Lot Size Acres 0.14
- Other Structures None
- Parking Features Asphalt, Parking Lot, Outside, No Garage, On Site, Open
- Patio And Porch Features Deck, Front Porch, Rear Porch
- Structure Type Mixed Use, House
- Above Grade Finished Area 1,200
- Appliances Microwave, Washer/Dryer Stacked, Electric Water Heater, Electric Cooktop, Dishwasher, Electric Oven
- Cooling Electric, Wall/Window Unit(s), Central Air
- Cooling Y/N Yes
- Flooring Vinyl, Carpet
- Heating Electric, Central, Forced Air
- Heating Y/N Yes
- Interior Features Bathtub/Shower Combination, Walk-In Shower, Pantry
- Laundry Features In Hall, Laundry Closet, Main Level
- Rooms Total 5
- Lot Features Near Public Transit, City Lot
- Tax Annual Amount 2872.67
- Water Source Public
- Year Built 1950
Additional Property Information
- TypeSingle Family Residence
- Built1950
- NeighborhoodNot in a Subdivision
- CountyWake
- AreaRaleigh
- Elementary SchoolWake - Olds
- Middle SchoolWake - Martin
- High SchoolWake - Athens Dr
Listing courtesy of CAROLINAS METRO REALTY I LLC. © 2024 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.
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