Bought with Compass -- Chapel Hill - Durham
$298,000
$305,000
2.3%For more information regarding the value of a property, please contact us for a free consultation.
1420 Collegiate Circle #104 Raleigh, NC 27606
4 Beds
4 Baths
1,200 SqFt
Key Details
Sold Price $298,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 1,200 sqft
Price per Sqft $248
Subdivision University Commons Lake Pk
MLS Listing ID 10057404
Sold Date 11/25/24
Bedrooms 4
Full Baths 4
HOA Fees $184/mo
HOA Y/N Yes
Abv Grd Liv Area 1,200
Year Built 1998
Annual Tax Amount $2,367
Property Sub-Type Condominium
Source Triangle MLS
Property Description
Excellent Investment Opportunity!
4 Bedrooms, 4 Full Bathrooms | First-Floor Condo. Monthy rent income of
$2,400, long-Term Leases. This spacious first-floor condo offers an incredible investment opportunity with a solid long-term lease in place. Each of the four bedrooms includes its own private full bathroom and walk-in closet, providing privacy and convenience for tenants. Recent upgrades include new laminate flooring throughout and brand-new appliances, ensuring a modern and fresh living space. Walking distance to Lake Johnson Close to scenic walking trails and North Carolina State University (NCSU)
Convenient access to the NC State WolfLine bus route. Quick access to downtown Raleigh, I-40, and major commuting routes
Community Amenities include, Pool
Volleyball and basketball courts
Walking trails leading to the lake
This is a fantastic opportunity for a reliable rental income in a desirable location!
Location
State NC
County Wake
Direction I-40 East to Gorman St in Raleigh. Take exit 295 from I-40 East and drive north on Gorman. Left on Avent Ferry. Left on Crab Orchard. Left onto Collegiate Cir. Building 1st on Right past Pool area at far end next to tree line
Rooms
Bedroom Description [{\"RoomType\":\"Primary Bedroom\",\"RoomKey\":\"20241010035048709124000000\",\"RoomDescription\":null,\"RoomWidth\":null,\"RoomLevel\":\"Main\",\"RoomDimensions\":null,\"RoomLength\":null},{\"RoomType\":\"Bedroom 2\",\"RoomKey\":\"20241010035048729453000000\",\"RoomDescription\":null,\"RoomWidth\":null,\"RoomLevel\":\"Main\",\"RoomDimensions\":null,\"RoomLength\":null},{\"RoomType\":\"Bedroom 3\",\"RoomKey\":\"20241010035048750145000000\",\"RoomDescription\":null,\"RoomWidth\":null,\"RoomLevel\":\"Main\",\"RoomDimensions\":null,\"RoomLength\":null},{\"RoomType\":\"Bedroom 4\",\"RoomKey\":\"20241010035048771137000000\",\"RoomDescription\":null,\"RoomWidth\":null,\"RoomLevel\":\"Main\",\"RoomDimensions\":null,\"RoomLength\":null},{\"RoomType\":\"Primary Bathroom\",\"RoomKey\":\"20241010035048792082000000\",\"RoomDescription\":null,\"RoomWidth\":null,\"RoomLevel\":\"Main\",\"RoomDimensions\":null,\"RoomLength\":null},{\"RoomType\":\"Bathroom 2\",\"RoomKey\":\"20241010035048812122000000\",\"RoomDescription\":null,\"RoomWidth\":null,\"RoomLevel\":\"Main\",\"RoomDimensions\":null,\"RoomLength\":null},{\"RoomType\":\"Bathroom 3\",\"RoomKey\":\"20241010035048832184000000\",\"RoomDescription\":null,\"RoomWidth\":null,\"RoomLevel\":\"Main\",\"RoomDimensions\":null,\"RoomLength\":null},{\"RoomType\":\"Bathroom 4\",\"RoomKey\":\"20241010035048852221000000\",\"RoomDescription\":null,\"RoomWidth\":null,\"RoomLevel\":\"Main\",\"RoomDimensions\":null,\"RoomLength\":null},{\"RoomType\":\"Family Room\",\"RoomKey\":\"20241010035048872087000000\",\"RoomDescription\":null,\"RoomWidth\":null,\"RoomLevel\":\"Main\",\"RoomDimensions\":null,\"RoomLength\":null},{\"RoomType\":\"Kitchen\",\"RoomKey\":\"20241010035048891842000000\",\"RoomDescription\":null,\"RoomWidth\":null,\"RoomLevel\":\"Main\",\"RoomDimensions\":null,\"RoomLength\":null},{\"RoomType\":\"Laundry\",\"RoomKey\":\"20241010035048911856000000\",\"RoomDescription\":null,\"RoomWidth\":null,\"RoomLevel\":\"Main\",\"RoomDimensions\":null,\"RoomLength\":null}]
Interior
Heating Central
Cooling Central Air
Flooring Laminate
Exterior
View Y/N Yes
Roof Type Shingle
Garage No
Private Pool No
Building
Faces I-40 East to Gorman St in Raleigh. Take exit 295 from I-40 East and drive north on Gorman. Left on Avent Ferry. Left on Crab Orchard. Left onto Collegiate Cir. Building 1st on Right past Pool area at far end next to tree line
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Traditional
Structure Type Vinyl Siding
New Construction No
Schools
Elementary Schools Wake - Combs
Middle Schools Wake - Centennial Campus
High Schools Wake - Athens Dr
Others
HOA Fee Include None
Senior Community false
Tax ID 0783826312
Special Listing Condition Standard
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