Excellent Investment Opportunity! 4 Bedrooms, 4 Full Bathrooms | First-Floor Condo. Monthy rent income of $2, 400, long-Term Leases. This spacious first-floor condo offers an incredible investment opportunity with a solid long-term lease in place. Each of the four bedrooms includes its own private full bathroom and walk-in closet, providing privacy and convenience for tenants. Recent upgrades include new laminate flooring throughout and brand-new appliances, ensuring a modern and fresh living space. Walking distance to Lake Johnson Close to scenic walking trails and North Carolina State University (NCSU) Convenient access to the NC State WolfLine bus route. Quick access to downtown Raleigh, I-40, and major commuting routes Community Amenities include, Pool Volleyball and basketball courts Walking trails leading to the lake This is a fantastic opportunity for a reliable rental income in a desirable location!
Property Features
Bedrooms
Other Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Central
- Heating: Yes
Interior Features
Exterior and Lot Features
- Road Responsibility: Public Maintained Road
Garage and Parking
Homeowners Association
- Association: Yes
- Association Amenities: Pool
- Association Fee: 184
- Association Fee Frequency: Monthly
- Calculated Total Monthly Association Fees: 184
- Association Name: Wilson Property Mgt
- Association Phone: 9197821717
School Information
- Elementary School: Wake - Combs
- High School: Wake - Athens Dr
- Middle School: Wake - Centennial Campus
Rental Info
Other Property Info
- Annual Tax Amount: 2367
- Source Listing Status: Pending
- County: Wake
- Directions: I-40 East to Gorman St in Raleigh. Take exit 295 from I-40 East and drive north on Gorman. Left on Avent Ferry. Left on Crab Orchard. Left onto Collegiate Cir. Building 1st on Right past Pool area at far end next to tree line
- Tax Year: 2024
- Source Property Type: Residential
- Property Subtype: condo
- Source Neighborhood: University Commons Lake Pk
- Parcel Number: 0783826312
- Postal City: Raleigh
- Subdivision: University Commons Lake Pk
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1200
- Year Built: 1998
- Above Grade Finished Area: 1200
- Building Area Total: 1200
- Building Exterior Type: Vinyl Siding
- Construction Materials: Vinyl Siding
- Foundation Details: Slab
- Levels: One
- Property Age: 26
- Roof: Shingle
- Architectural Style: Traditional
Utilities
- Sewer: Public Sewer
- Water Source: Public