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Updated 2 hours ago

Renovated Downtown Raleigh Home Available


517 S East St Raleigh, NC

3 Bed
2 Bath

1,800 Sq. Ft.
3 Beds • 2 Bath
$2,645
1800 ft2
1 Available
Managed By: Schambs Property Management Group, Inc.
Renovated Downtown Raleigh Home Available
$2,645
Available: Ask
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Where you'll live
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Location ratings
Walk Score®
92
Walker's Paradise
Transit Score®
74
Excellent Transit
Bike Score®
74
Very Bikeable
Property details
Description

About this home

This stunning home is nestled in a stellar location that puts the best of Downtown Raleigh within mere minutes of your front door. The superb location is only rivaled by a careful renovation that beautifully modernized the home whilst retaining its historic charm. A full width rocking chair front porch welcomes you and your guests and beckons you inside where you'll immediately appreciate the rich hardwood floors, exposed masonry features and high end finishes that can be found throughout every inch of its charming interior. During the renovation, the floorplan was improved to an open concept design; ideal for entertaining. The family room is perfectly proportioned and seamlessly flows to a foyer/sitting area (with exposed masonry and built-in shelving) as well as to a perfectly-proportioned dining room. A fully renovated kitchen boasts soft close cabinets, custom concrete counters (accentuated by under-cabinet lighting and a subway tile backsplash), a pantry, and a suite of sleek, stainless-steel appliances. The kitchen also enjoys direct access to a sprawling 13x16 elevated deck overlooking a shaded, fenced-in backyard. Take a quick jaunt to the 2nd floor where you'll find all three bedrooms. The lovely 13.5 x 16 primary bedroom showcases a vaulted ceiling, a walk-in closet with custom wooden shelving and even a luxury en-suite bathroom showcasing a huge walk-in tiled shower with a frameless glass surround, tiled floors, an elevated concrete-topped vanity with dual undermount sinks and a private water closet. Bedrooms #2 and #3 are both generously proportioned and enjoy easy access to a full hall bathroom. Be sure not to miss the conveniently located second floor laundry center (with a washer/dryer included for resident's use) that saves you on trips and down the stairs.



Property Features



Location, Location, Location: Amazing locale right in the heart of Downtown Raleigh

Availability: Available for immediate occupancy

Convenient Parking : Off street parking via a private parking pad

No Carpet!: Lovely hardwoods and tile floors grace the entire interior

Lease Term: 12 and 18 month lease terms available

Pet Friendly: Landlord will consider residents with 1 cat OR 1 dog 30# or smaller. Additional $300 security deposit required.

All Appliances Included: High efficiency washer/dryer and refrigerator all included for resident's use

Outdoor Living: Enjoy the outdoors from either the covered front porch or the shady back deck

Fenced-in Backyard: Fenced-in backyard is quite shady and private

NOTES: Queen box springs will not fit up the staircase. We do not advertise on Facebook or Craigslist. Applications must be completed at SPMtrianglerentals.com, $50/adult non-refundable application fee

Additional Details
Contact Name: SPM Rental Representative
Total Unit Count: 1
Last Updated: Updated 2 hours ago
Contact Number: (919) 809-6065
Property manager information
Schambs Property Management Group, Inc.
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Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
AT&T Inc. 1000.0 1000.0
Charter Communications 940.0 35.0
ViaSat, Inc. 100.0 3.0
AT&T Inc. 50.0 10.0
Hughes Network Systems, LLC 25.0 3.0
Data from June 2020 provided by the FCC
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Renovated Downtown Raleigh Home Available by bedroom type below.
3 Bedroom
Suggested income:
$95,200
per year
Rent report

Renovated Downtown Raleigh Home Available Rent vs. Raleigh Average

 Renovated Downtown Raleigh Home Available      Raleigh Average
3BR
$2,645
$1,993
$0
$900
$1,800
$2,700
$3,600

Renovated Downtown Raleigh Home Available is asking 33% more than the average 3 bedroom apartment in Raleigh.

If you upsized to an average priced Raleigh 4 bedroom apartment, you would pay 13% more per month.

If you downsized to an average priced Raleigh 2 bedroom apartment, you would pay 18% less per month.

Renovated Downtown Raleigh Home Available provides 17% more square footage than the average Raleigh 3 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Renovated Downtown Raleigh Home Available
3BR $2,645 $1.50 $7,935
Raleigh Average
Studio $1,410 $2.60 $4,230
1BR $1,235 $1.60 $3,706
2BR $1,689 $1.50 $5,067
3BR $1,993 $1.30 $5,978
4BR $2,283 $1.10 $6,848

Availability in Raleigh

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 975 1BR units on the market in Raleigh. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
3% 41% 33% 17% 5%
Available Units in Raleigh
Studio 61
1BR 975
2BR 795
3BR 416
4BR 121
Location
Nearby Colleges
Campus Buildings and Attractions
Distance Walking Biking Driving
Spaulding Gymnasium 0.3 mi 6 min 2 min 1 min
Willie E. Gary Student Building 0.4 mi 8 min 3 min 1 min
James E. Cheek Learning Resource Library 0.4 mi 8 min 3 min 1 min
Duke Energy Center for the Performing Arts 0.4 mi 9 min 4 min 2 min
Nearby Hospitals
Name Distance
Wakemed 2.61 mi.
Holly Hill Hospital 2.8 mi.
Unc Hospitals At Wakebrook 2.92 mi.
Nearby Fire Stations
Name Distance
Raleigh Fire Department 0.71 mi.
Raleigh Durham Airport Fire Rescue 1.96 mi.
Western Wake Fire Rescue 1.96 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
There are no units with move-in dates in the next 2 months.
What's the square footage of the available units?
It's 1,800 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
Where is this property located?
This property is at 517 S East St in Raleigh, NC. It's 0.5 miles southeast from the center of Raleigh.
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