Don't miss this exceptional investment opportunity! This spacious 4-bedroom, 4-bathroom condo is a true gem, located just 5 minutes from NC State and all that Raleigh has to offer. This 2nd-floor unit has been recently updated with fresh paint, new carpet in select areas, and a 2021 HVAC system, ensuring low maintenance costs for years to come. The carpets have been professionally cleaned, and the condo is empty and move-in ready. Condos in this area lease for $2, 100 during the off-season and up to $2, 700 during pre-leasing season, providing strong rental income potential. The HOA takes care of exterior maintenance, roof, grounds, and garbage disposal, making this property an easy, hassle-free investment. Seize this opportunity now and secure a great return on investment!
Property Features
Bedrooms
Other Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Appliances
- Dryer
- Electric Range
- Range Hood
- Refrigerator
- Washer
- Laundry Features: In Unit, Laundry Closet
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Forced Air
- Heating: Yes
Interior Features
Exterior and Lot Features
- Road Responsibility: Public Maintained Road
Garage and Parking
- Open Parking Spaces: 2
- Open Parking: Yes
- Parking Features: Parking Lot, Unassigned
- Parking Total: 2
Homeowners Association
- Association: Yes
- Association Amenities: Maintenance Grounds, Maintenance Structure, Trash
- Association Fee: 210
- Association Fee Frequency: Monthly
- Association Fee Includes: Maintenance Grounds, Maintenance Structure, Trash
- Calculated Total Monthly Association Fees: 210
- Association Name: Wilson Property Mangement
- Association Phone: 9197821717
School Information
- Elementary School: Wake County Schools
- High School: Wake County Schools
- Middle School: Wake County Schools
Other Property Info
- Annual Tax Amount: 2226.570000000
- Source Listing Status: Pending
- County: Wake
- Directions: From Gorman Street turn into Graduate Lane. Condo is ahead, unit 1511.
- Tax Year: 2024
- Source Property Type: Residential
- Property Subtype: condo
- Source Neighborhood: University Commons Condos
- Parcel Number: 03
- Postal City: Raleigh
- Postal Code Plus 4: 2999
- Subdivision: University Commons Condos
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1177
- Year Built: 1996
- Above Grade Finished Area: 1177
- Building Area Total: 1177
- Building Exterior Type: Vinyl Siding
- Construction Materials: Vinyl Siding
- Foundation Details: Slab
- Levels: One
- Property Age: 28
- Roof: Shingle
- Architectural Style: Traditional
Utilities
- Sewer: Public Sewer
- Electricity Connected
- Sewer Connected
- Water Connected
- Water Source: Public
