Attention investors! A rarely seen discount on one of the most popular investment properties in Raleigh. Two rooms vacant and currently being rehabbed for rent. Guaranteed full market rent ($600/month) through the end of the other 2 leases PLUS one additional month on all 4 rooms to cover potential vacancy loss, if there is any. Total of $2400 rental income per month! Ask me how! Come see one of the most convenient and one of the least expensive ways for your renters to live near NCSU campus (11 minutes) and downtown (12 minutes). This ''shared living'' condo is popular with students and professionals alike and will stay occupied whether you are looking for long term stable income or maximum profit. Shared areas are the kitchen, living room, sunroom and in-unit laundry which includes full size washer (replaced in 2020) and dryer (replaced in 2023). HVAC replaced in 2019. The four bedrooms are located in the 4 corners of the condo separated by 4 private full baths, creating maximum noise reduction. Common areas plus one bedroom have durable, low maintenance, luxury, vinyl plank flooring, window blinds, electric stove, refrigerator dishwasher, exhaust fan and washer/dryer. Two long term renters are in place with the earliest lease ending date in Sept. All were subjected to a rigorous approval process including income verification, rental references credit and background checks. Current market rates are $600 per room. The common areas are freshly painted; the kitchen cabinets have been painted a trendy charcoal gray. This building is uniquely located on its own street surrounded by trees. This one won't last! Come, visit and bring all offers! You'll be glad you did!
Sold for $270,000
Zillow last checked:
Listing updated:
Bought with:
Apoorva Gonuguntala, 355677
Howard Hanna Allen Tate Cary
Source: Doorify MLS,MLS#: 10087336
Price history
| Date | Event | Price |
|---|---|---|
| 7/25/2025 | Sold | $270,000-4.4%$194/sqft |
Source:  Doorify MLS #10087336 Report a problem | ||
| 6/26/2025 | Pending sale | $282,500$203/sqft |
Source: Doorify MLS #10087336 Report a problem | ||
| 4/15/2025 | Price change | $282,500-0.2%$203/sqft |
Source: Doorify MLS #10087336 Report a problem | ||
| 4/5/2025 | Listed for sale | $283,000+95.2%$203/sqft |
Source: Doorify MLS #10087336 Report a problem | ||
| 7/17/2018 | Listing removed | $400 |
Source: Alliance Properties of the Car #2197713 Report a problem | ||
| 6/14/2018 | Listed for rent | $400 |
Source: Alliance Properties of the Car #2197713 Report a problem | ||
| 6/12/2018 | Sold | $145,000+9.8%$104/sqft |
Source: Agent Provided Report a problem | ||
| 5/14/2018 | Pending sale | $132,000$95/sqft |
Source: NewStone Realty, LLC #2190040 Report a problem | ||
| 5/7/2018 | Listed for sale | $132,000+10%$95/sqft |
Source: NewStone Realty, LLC #2190040 Report a problem | ||
| 8/22/2002 | Sold | $120,000$86/sqft |
Source: Public Record Report a problem | ||
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Estimated market value
$265,700
