1207 Carlton Avenue
Raleigh, NC 27606PRIME 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.
$239,000
bedrooms
full bathrooms
0.1 acres
Additional Property Information
- TypeUnimproved Land
- Built
- NeighborhoodNot in a Subdivision
- CountyWake
- AreaRaleigh
- Elementary SchoolWake County Schools
- Middle SchoolWake County Schools
- High SchoolWake County Schools
Listing courtesy of Coldwell Banker HPW. © 2024 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.
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Find your amount- Exterior Features
- Interior Features
- Property Features
- Lot Size Acres 0.1
- Association Amenities None
- Lot Features Interior Lot, Rectangular Lot, Partially Cleared, Hardwood Trees, Subdivided
- Tax Annual Amount 2084.4
- Water Source Public
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