319 E Lane St, Raleigh, NC 27601

This historic home represents a wonderful opportunity for either the investor or passionate new home buyer. Located in the Historic Oakwood District, this is a classic example of 1909 architecture. Currently configured as four separate one bedroom apartments, this could be converted into a single family residence if one so chooses. As a multi-family, the location is perfect for someone who wishes to be close to downtown Raleigh. For the investor, this home currently grosses $2,750 per month and is fully occupied. All the numbers work for this investment. The exterior of this lady is an eclectic mix of wood siding, scalloped boards and asbestos hardboard. The rear yard is quiet and most typical of this era. The grand wrap-around front porch bespeaks beauty - obviously street views and neighborly discussions were paramount in the early 1900s. The double glass doors open to the grand foyer with soaring ceilings. In the downstairs, two units are configured with a single bedroom apartment. Each having its own decorative fireplace (should be inspected for functionality). Full kitchen and bath for each unit. Hardwoods grace the home everywhere. Upstairs, you will find two more apartments with full kitchens, bathrooms and fireplaces! Each unit has separate gas and electric. The current owner pays for water. Street parking is available. This home welcomes the revitalization movement of today. Many original features remain waiting to be rediscovered! There is not a better nor more centralized location. Downtown Raleigh, beltline, nearby shopping, restaurants, businesses, and the list goes on. Contact me for a personalized showing! Capture this opportunity and make it yours today!! Call Steve Doyle at 919-619-0192 or 919-932-5742 or contact steve@homebuyingforless.com. Also