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Description Open House Details Location Market Trends Schools Recent Sales
$279,000 Est. $1,027 / mo.*

1430 Collegiate Circle Unit 102 Raleigh , NC 27606

Courtesy of Berkshire Hathaway HomeService, Naama Shaked.

Description

4 Beds
4 Baths
1,178 Sqft
Status: Active
Property Type: Condominium
Year Built: 1999
Neighborhood: University Commons Lake Pk
Days on Website: 71
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.

Open House

Property Details and Features

Appliances & Equipment
Appliances:
"Dishwasher", "Dryer", "Electric Range", "Refrigerator", "Washer", "Water Heater"
Bathrooms
4 full bathrooms
4 total bathrooms
4 total bathrooms
Bedrooms
4 bedrooms
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Contact an Agent

919 380 8066

Location

$279,000 -
1430 Collegiate Circle Unit 102 Raleigh , NC 27606
Subdivision Name: University Commons Lake Pk

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