2400 Perennial St, Raleigh, NC 27603

Profitable Investment Opportunity: Active on the Market: Resideline estimates that this property can be rented on Airbnb for an average of $167 per day and long-term for an average of $1,704 per month, based on similar listings in the area. Estimated short-term cap rate of 8.5%. Estimated long-term cap rate of -1.6%. Welcome to this beautifully updated ranch home, ideally situated less than three miles from Dix Park, the State Farmers Market, scenic greenways, and the vibrant heart of downtown Raleigh! Step inside to find a well-maintained, carpeted interior that flows seamlessly through a thoughtfully designed layout. The remodeled galley kitchen is both stylish and functional, featuring modern updates that make cooking and entertaining effortless. Adjacent to the kitchen, the dedicated dining area connects to the spacious central living room, creating an inviting atmosphere for gatherings. No Stairs? No problem! This single-story home offers the convenience of a first-floor primary suite, complete with a newly remodeled en-suite bathroom and a walk-in closet for ample storage. Two additional bedrooms share an upgraded second bathroom, showcasing new tile, plumbing, and countertops. At the rear of the home, you'll find a versatile laundry/mudroom with direct access to the Trex composite deck - perfect for outdoor relaxation. The fully fenced backyard offers privacy and includes a new Tuff shed, ideal for storage or hobbies. Sitting on a spacious corner lot, this property boasts fresh landscaping, vibrant flowers, and a mature magnolia tree, adding curb appeal and charm. Best of all, no HOA fees or restrictions - giving you the freedom to enjoy your home without extra costs! Prime Location: -Minutes from Downtown Raleigh's dining, shopping, and entertainment -Close to NC State University and Lonnie Poole Golf Course -Easy access to major highways for commuting -Walkable to nearby parks and greenways This home offers the perfect blend of charm, convenience, and modern updates. Don't miss your chance - schedule a showing today!