$272,500
4 Beds
4 Baths
1,200 SqFt
Acre Lot
Sqft Lot
Status Pending
Property Type Condominium
Price Type
Year Built 1998
Neighborhood University Commons Lake Pk
Days on Website 148

Property Map

$272,500 – 1431 Collegiate Circle Unit 302, Raleigh, NC 27606

Street View

Courtesy of Carolina’s Choice Real Estate, David L Wilson.

Description

No showings. Tenant occupied and only can see the property once under contract. Attention seasoned investors who understand the hassles and expenses associated with the traditional rental model. This turnkey multifamily investment comes with an innovative, proven rental model that minimizes background/income check hassles as well as the high cost of marketing for tenants, vacancies and evictions while providing a service to the less fortunate! Act now and lock in an immediate and consistent return on your investment. Or cancel the leases and implement your own model. Either way you win! Ask your agent to download and forward the documents in the MLS explaining this successfully proven model and current rent rolls or call the listing broker. Current monthly rent totals $2,050. Security deposits total $3,850 and convey at settlement.

Property Details and Features

Appliances & Equipment

  • Appliances: “Dishwasher”, “Dryer”, “Electric Range”, “Gas Water Heater”, “Microwave”, “Refrigerator”, “Washer”

Bathrooms

  • 4 full bathrooms
  • 4 total bathrooms
  • 4 total bathrooms

Bedrooms

  • 4 bedrooms

Building

  • Building Area Total: 1200
  • Building Area Units: Square Feet
  • Construction Materials: “Vinyl Siding”
  • Living Area Units: Square Feet
  • Living Area: 1200
  • Year Built: 1998
  • Number Of Units Total: 1

Community

  • Community Features: Pool

Cooling

  • Cooling: “Central Air”
  • Cooling Included

Exterior Features

  • Patio And Porch Features: “Covered”

Floors

  • Flooring: “Carpet”, “Vinyl”

Foundation

  • Foundation Details: “Permanent”

Heating

  • Heating: “Forced Air”
  • Heating Included

Home Owner’s Association

  • Association Fee: $184
  • Association Amenities: “Basketball Court”, “Maintenance Grounds”, “Maintenance Structure”
  • Association Fee Frequency: Monthly
  • Association Available

Interior Features

  • Interior Features: “Ceiling Fan(s)”, “Eat-in Kitchen”, “Entrance Foyer”

Laundry

  • Features: “Laundry Closet”

Listing

  • Days On Market: 0

Location

  • Subdivision Name: University Commons Lake Pk

Lot

  • Parcel Number: 0783.20920457.009

Parking

  • Parking Features: Parking Lot
  • Open Parking

Pool

  • Pool Features: “Swimming Pool Com/Fee”

Property

  • Property Sub Type: Condominium

Roof

  • Roof: “Shingle”

Schools

  • High School: Wake – Athens Dr
  • Middle Or Junior School: Wake – Centennial Campus
  • Elementary School: Wake – Combs

Sewer

  • Sewer: “Public Sewer”

Taxes

  • Tax Annual Amount: 1883.9

Utilities

  • Utilities: “Electricity Connected”, “Natural Gas Connected”, “Sewer Connected”, “Water Connected”
  • Water Source: “Public”

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