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Christina Valkanoff

christina@cvrealtygroup.com +1(919) 646-4006

Listed by The NC Real Estate Firm, LLC

$ 1,085,000

Est. payment -/mo

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Pending

711 S East Street Street Raleigh, NC 27601

3 Beds

4 Baths

2,088 SqFt

UPDATED:

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

HOA Y/N No

Abv Grd Liv Area 2,088

Originating Board Triangle MLS

Year Built 1920

Annual Tax Amount $8,840

Lot Size 0.340 Acres

Acres 0.34

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

Direction From Raleigh travel east on Martin Luther King turn left on S. East Street. Home will be on the right.

Rooms

Other Rooms Residence, Storage, Workshop

Interior

Interior Features Ceiling Fan(s), Kitchen Island, Kitchen/Dining Room Combination, Open Floorplan, Pantry, Master Downstairs, Quartz Counters, Recessed Lighting, Walk-In Closet(s), Walk-In Shower

Heating Electric, Forced Air

Cooling Ceiling Fan(s), Central Air, Electric, Gas

Flooring Hardwood, Tile

Fireplace No

Appliance Built-In Gas Oven, Built-In Range, Dishwasher, Disposal, Microwave, Range, Stainless Steel Appliance(s), Tankless Water Heater

Laundry Laundry Room, Main Level

Exterior

Exterior Feature Fenced Yard, Outdoor Kitchen

Fence Back Yard

View Y/N Yes

Roof Type Shingle

Porch Covered, Deck, Front Porch, Patio, Porch, Rear Porch, Screened, Side Porch

Garage No

Private Pool No

Building

Lot Description Back Yard, Landscaped

Faces From Raleigh travel east on Martin Luther King turn left on S. East Street. Home will be on the right.

Story 1

Foundation Block

Sewer Public Sewer

Water Public

Architectural Style Ranch

Level or Stories 1

Structure Type HardiPlank Type

New Construction No

Schools

Elementary Schools Wake - Joyner

Middle Schools Wake - Moore Square Museum

High Schools Wake - Broughton

Others

Tax ID 1703950897

Special Listing Condition Standard

Christina Valkanoff

Broker | Owner | License ID: 233901

+1(919) 646-4006

Christina Valkanoff

711 S East Street Street Raleigh, NC 27601

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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711 S East Street Street