711 S East Street Street Pending Save Request In-Person Tour Request Virtual Tour
Raleigh,NC 27601
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Pending
Purchase Type For Sale
Square Footage 2,088 sqft
Price per Sqft $519
Subdivision South Park
MLS Listing ID 10084348
Bedrooms 3
Full Baths 3
Half Baths 1
Year Built 1920
Annual Tax Amount $8,840
Lot Size 0.340 Acres
Property Sub-Type Single Family Residence
Property Description
An opportunity to own a ranch style property with historic charm, modern comforts and enjoy downtown Raleigh living combined with an outdoor oasis - a unique mix so close to our vibrant city. Originally built in 1920 this beautifully renovated home offers classic architecture, original hardwood floors while incorporating thoughtful modern updates throughout. Spacious and open floor plan provides plenty of space for family living, entertaining, and working from home. As part of this unique property is a detached newly constructed Accessory Dwelling Unit with its own private entrance, perfect for guests, in-laws, or as a rental for additional income. The ADU boasts 603 square feet of versatile space in addition to the 2088 square feet of the main home, consisting of a 279 square foot workshop and a 324 square foot studio living area with separate entrances totaling 2691 square feet. The studio is designed for comfort and convenience, featuring its own patio, a well-appointed kitchen and a full bathroom that can be used as a guest suite/multi-generational living or as a lucrative short/long-term rental. For added convenience, the home and ADU come with the option of being fully furnished, making it easy for you to begin generating income on day 1 on either or both the main house and ADU as they already have a strong short-term rental following with many 5-star AirBnB reviews. Whether you choose to use the workshop for hobbies, a home office, or additional storage, this space offers endless possibilities. The expansive 0.34-acre lot is a rare downtown urban oasis and a perfect setup for outdoor entertaining. A beautiful screened in porch leads to an outdoor kitchen, deck and overlooks a roomy patio, transitioning into a glorious fire pit area where you can enjoy the city lights of Raleigh as you unwind from a busy day. The location is unbeatable. Transfer Co Food Hall, Chavis Park, Fayetteville St, museums, & restaurants/bars are just a short walk. Greenway access to Downtown South & Dix Park and easy access to I-40 for fast travel. This home blends downtown living with a spacious lot & income potential, there won't be another opportunity like it.
Location
State NC
County Wake
Zoning R-10
Rooms
Other Rooms Residence,Storage,Workshop
Interior
Heating Electric,Forced Air
Cooling Ceiling Fan(s),Central Air,Electric,Gas
Flooring Hardwood,Tile
Laundry Laundry Room,Main Level
Exterior
Exterior Feature Fenced Yard,Outdoor Kitchen
Fence Back Yard
View Y/N Yes
Roof Type Shingle
Building
Lot Description Back Yard,Landscaped
Story 1
Foundation Block
Sewer Public Sewer
Water Public
Structure Type HardiPlank Type
New Construction No
Schools
Elementary Schools Wake - Joyner
Middle Schools Wake - Moore Square Museum
High Schools Wake - Broughton
Others
Special Listing Condition Standard