1430 Collegiate Circle Unit 102, Raleigh NC 27606 (Off Market)

For Sale, USD 285,000


1430 Collegiate Circle Unit 102, Raleigh NC 27606,

Property Type : Condo

Property Style : N/A

Build Size : 1,178 ft² / 109 m²

Land Size : N/A

Bedroom : 4

Bathroom : 4

Half Bathroom : 0

MLS#: N/A


Property Description

Investor alert! Prime Investment Opportunity - 4 Bed/4 Bath Condo Near NCSU! This first-floor 4-bedroom, 4-bathroom condo offers an excellent opportunity for steady rental income. Currently, three bedrooms are leased through July 2025, with the fourth bedroom vacant and ready to be rented. Each bedroom features a private en-suite bath and walk-in closet, making it highly desirable for tenants. Three bedrooms leased at $600/month each (Potential total income of $2,400/month when fully occupied). Utilities included in rent: Water (capped at $50/unit) and electricity (capped at $100/unit). Water heater replaced in December 2021, HVAC installed in 2018. Walking distance to Lake Johnson Close to walking trails and North Carolina State University (NCSU) Convenient access to the NC State WolfLine bus route. Quick access to downtown Raleigh and I-40. Community Amenities include Pool Volleyball and basketball courts.
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1430 Collegiate Circle Unit 102, Raleigh NC 27606, United States,North Carolina,Raleigh is a 1,178ft² Raleigh luxury Condo listed for sale USD 285,000. This high end Raleigh Condo is comprised of 4 bedrooms and 4 baths. Find more luxury properties in Raleigh or search for luxury properties for sale in Raleigh.