Welcome to 1330 Park Glen, a fully renovated gem located in the vibrant and rapidly developing Downtown Raleigh area. This property boasts significant upgrades, including a brand-new HVAC system, modern appliances, upgraded flooring, and stylish bathroom and kitchen renovations. Currently utilized as workforce housing for travel contractors, this property has been expertly managed by a professional property management company, ensuring consistent maintenance and tenant satisfaction. The property is situated in the highly desirable Park Glen neighborhood, known for its blend of affordability and proximity to the dynamic amenities of Downtown Raleigh. With a proven rent roll available, this investment offers a solid income stream and minimal vacancy risk. This is an exceptional opportunity for a savvy investor seeking long-term growth and stability in an up-and-coming area. Don't miss out on the chance to add this turnkey property to your portfolio. Seller is offering $5, 000 credit. Sold as is.
Property Features
Bedrooms
Other Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Heating and Cooling
- Cooling Features: Electric
- Heating Features: Electric
- Heating: Yes
Interior Features
- Flooring: Ceramic Tile, Vinyl
Exterior and Lot Features
- Road Responsibility: Public Maintained Road
Garage and Parking
- Open Parking Spaces: 1
- Open Parking: Yes
- Parking Total: 1
Homeowners Association
- Association: Yes
- Association Fee: 260
- Association Fee Frequency: Monthly
- Association Fee Includes: Road Maintenance
- Calculated Total Monthly Association Fees: 260
- Association Name: Park Glen HOA
- Association Phone: 0000000000
School Information
- Elementary School: Wake County Schools
- High School: Wake County Schools
- Middle School: Wake County Schools
Rental Info
- Lease Term: Month To Month
Other Property Info
- Annual Tax Amount: 626.04
- Source Listing Status: Active
- County: Wake
- Directions: Capital Blvd. towards downtown Raleigh. Left on Crabtree Blvd. Right on Raleigh Blvd. Left at Park Glen. Turn right to go to condos. Firstbuilding on left.
- Tax Year: 2023
- Source Property Type: Residential
- Property Subtype: condo
- Source Neighborhood: Park Glen
- Parcel Number: 1714.11-66-2471.004
- Postal City: Raleigh
- Subdivision: Park Glen
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1012
- Year Built: 1985
- Above Grade Finished Area: 1012
- Building Area Total: 1012
- Building Exterior Type: Vinyl Siding
- Construction Materials: Vinyl Siding
- Foundation Details: Slab
- Levels: One
- Property Age: 39
- Roof: Shingle
- Architectural Style: Traditional
Utilities
- Sewer: Public Sewer
- Water Source: Public