tomo logo

$285,000

Beds
4
Baths
4.0
sq ft
1,178

1430 Collegiate Circle Unit 102, Raleigh, NC 27606

1430 Collegiate Circle Unit 102

Raleigh, NC 27606

  • 3 days on market
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.

Details

Property type

Condominium

Lot size

Unknown

Price per sq ft

$242

Year built

1999

Annual property taxes

$2,367.66

Monthly HOA fee

$202.4

Price History

02/18/2025
TriangleMLS

TriangleMLS #10077089

Listed
$285,000
+26.67%
06/07/2021
TriangleMLS

TriangleMLS #2383710

Sold
$225,000

Schools & Community

Neighborhood: 

West Raleigh

Elementary school: 

Wake County Schools

Middle school: 

Wake County Schools

High school: 

Wake County Schools

Community features: 

Pool, Sidewalks, Tennis Court(s)

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Status: Active

Tomo last checked: 02/22/2025 at 5:00 AM

Listing updated: 02/19/2025 at 8:01 PM

Listed by: Naama Shaked, Berkshire Hathaway HomeService Phone #: (919) 859-3300

MLS: TriangleMLS #10077089

TriangleMLS logo

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