NC > Raleigh > University Commons Lake Pk
Raleigh, NC 27606,1430 Collegiate Circle #102
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Raleigh, NC 27606,1430 Collegiate Circle #102
Raleigh, NC 27606,1430 Collegiate Circle #102
Raleigh, NC 27606,1430 Collegiate Circle #102
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Curt Bonds

Curt Bonds

+1(704) 707-8377
Listed by Berkshire Hathaway HomeService
$ 279,000
Est. payment /mo
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Price Dropped by $6K

1430 Collegiate Circle #102 Raleigh, NC 27606

4 Beds

4 Baths

1,178 SqFt

UPDATED:

Key Details

Property Type Single Family Home, Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 1,178 sqft

Price per Sqft $236

Subdivision University Commons Lake Pk

MLS Listing ID 10077089

Bedrooms 4

Full Baths 4

HOA Fees $202/mo

HOA Y/N Yes

Abv Grd Liv Area 1,178

Originating Board Triangle MLS

Year Built 1999

Annual Tax Amount $2,367

Property Sub-Type Condominium

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.

Location

State NC

County Wake

Community Pool, Sidewalks, Tennis Court(S)

Direction I-40 West to Gorman Street, Right on Gorman, left on Avent Ferry, left on Crab Orchard, left on Collegiate

Interior

Interior Features Ceiling Fan(s), Walk-In Closet(s)

Heating Central

Cooling Ceiling Fan(s), Central Air

Flooring Carpet, Vinyl

Appliance Dishwasher, Dryer, Electric Range, Refrigerator, Washer, Water Heater

Laundry In Unit

Exterior

Pool Swimming Pool Com/Fee

Community Features Pool, Sidewalks, Tennis Court(s)

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

Roof Type Shingle

Porch Covered, Patio

Garage No

Private Pool No

Building

Faces I-40 West to Gorman Street, Right on Gorman, left on Avent Ferry, left on Crab Orchard, left on Collegiate

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Traditional

Structure Type Vinyl Siding

New Construction No

Schools

Elementary Schools Wake County Schools

Middle Schools Wake County Schools

High Schools Wake County Schools

Others

HOA Fee Include Maintenance Grounds,Maintenance Structure,Trash,Water

Tax ID 102

Special Listing Condition Standard

Doorify MLS / Triangle MLS
agent

Curt Bonds

Broker/Realtor | License ID: 334484

+1(704) 707-8377

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1430 Collegiate Circle #102

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