711 S East Street Street

Raleigh, NC 27601

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.

Listing courtesy of Samantha Alcorn of The NC Real Estate Firm, LLC



Listings that are marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2025 Triangle MLS, Inc. of North Carolina. All rights reserved.

Last checked: 2025-04-03 07:19 PM UTC