1430 Collegiate Circle #102
Raleigh, NC 27606
1178 sqft | 4 beds | 4 baths | #10077089
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.
Property Details
- Utility FeaturesElectricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
- InteriorCeiling Fan(s), Walk-In Closet(s)
- Community FeaturesPool, Sidewalks, Tennis Court(s)
- CoolingCeiling Fan(s), Central Air
- SubdivisionUniversity Commons Lake Pk
- Pool FeaturesSwimming Pool Com/Fee
- Parking FeaturesCommon, Parking Lot
- Elementary SchoolWake County Schools
- Middle SchoolWake County Schools
- High SchoolWake County Schools
- Sewer InformationPublic Sewer
- StyleTraditional
- Property SubtypeCondominium
- Property TypePurchase
- MLS #10077089
- MLS #10077089
- HeatingCentral
- RoofShingle
- Utility SourcePublic
- Taxes Annual$2,367
- Cost285000
- Hoa Fees202.4
- Square Feet1178
- Year Built1999
- CountyWake
- Bedrooms4
- Bathrooms4
- Full Baths4
- Hoa1
Location
Legal
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Last Updated: . Source: TRIANGLEMLS
Listing Courtesy
Listing Agent: Naama Shaked (#87943)
Listing Office: Berkshire Hathaway HomeService (#3199)
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