• 1431 Collegiate Circle #302 Raleigh, NC 27606

  • $272,500
  • 4
    Bed(s)
  • 4
    Baths
  • 1,200
    Sq Ft

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 Type :

Residential

Subdivision :

University Commons Lake Pk

County :

Wake

Style :

Residential

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Property Details

 

Bathroom Information

Total Baths: 4

Full Baths: 4

Room Information

Total Bedrooms : 4

Interior Features

Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer

Roof : Shingle

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

Laundry Features: Laundry Closet

Roofing Information

Shingle

Flooring Information

Carpet, Vinyl

Heating & Cooling

Heating: Forced Air

Cooling: Central Air

WaterSource: Public

Building Information

Year Built: 1998

Construction: Vinyl Siding

Exterior Features

Foundation Details: Permanent

Porch: Covered

Pool Information

Swimming Pool Com/Fee

Lot Information

Stories: 1

Property Information

Property Type: Residential

Sub Type: Condominium

Style: Traditional

SQ ft (Living Area): 1,200

Subdivision: University Commons Lake Pk

Tax Information

Parcel Number: 0783.20920457.009

Annual Tax: $1883.9

Parking Information

Parking Lot

Homeowners Association Information

Association YN : Yes

Included Fees: Maintenance Grounds, Maintenance Structure

Included Amenities: Basketball Court, Maintenance Grounds, Maintenance Structure

HOA : 184 Monthly

School Information

Elementary School: Wake - Combs

Junior High School: Wake - Centennial Campus

Senior High School: Wake - Athens Dr

Utility Information

Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Location Information

Direction: GPS

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9008 Penny Road, Raleigh, NC,27606 $975,000 4 3 3,124 1.15 Acres
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611 Powell Drive, Raleigh, NC,27606 $6,000,000 -- -- -- 6.04 Acres
208 Grand Avenue, Raleigh, NC,27606 $575,000 3 3 1,665 4356 Sqft
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2404 Toll Mill Court, Raleigh, NC,27606 $1,600,000 4 7 4,557 30927.6 Sqft
5218 Bent Leaf Drive, Raleigh, NC,27606 $1,550,000 4 5 4,344 1.42 Acres
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ByOwner last updated this listing 05/14/2024 @ 16:09

MLS: 10002881
LISTED BY: David, Carolina's Choice Real Estate
SOURCE: Triangle MLS
Buyer Agency Compensation: 2.4%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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