1,200 SqFt
1,200 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 1,200 sqft
Price per Sqft $395
MLS Listing ID 10130490
Abv Grd Liv Area 1,200
Year Built 1950
Annual Tax Amount $2,872
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Mixed Use
Source Triangle MLS
Property Description
Charming 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 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.
Location
State NC
County Wake
Zoning RX-3
Direction From Western Blvd take south on Gorman St, turn right on Sherman Ave, turn another right on Carlton Ave, property will be on your left.
Rooms
Basement Crawl Space
Interior
Interior Features Pantry, Walk-In Shower
Heating Central, Electric, Forced Air
Cooling Central Air, Window Unit(s)
Flooring Carpet, Vinyl
Appliance Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Washer/Dryer Stacked
Laundry Laundry Closet, Main Level
Exterior
Exterior Feature Fenced Yard, Private Yard
Roof Type Shingle
Street Surface Paved
Private Pool No
Building
Lot Description City Lot, Near Public Transit
Faces From Western Blvd take south on Gorman St, turn right on Sherman Ave, turn another right on Carlton Ave, property will be on your left.
Story 1
Sewer Public Sewer
Level or Stories 1
Structure Type Brick,Vinyl Siding
New Construction No
Others
Senior Community No
Tax ID 0794203466
Special Listing Condition Seller Licensed Real Estate Professional
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