Sold

1430 Collegiate Circle Unit 102, Raleigh, NC 27606

Beds
4
Baths
4
Sqft
1,178

View property features, location on map, relevant school information and overview from seller's agent.

Listed byAimee Anderson & Associates
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Overview

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

Full feature list

Basic info

Property type
Condo/Co-op
Number of bedrooms
4
Number of bathrooms
4
Square feet
1,178
Year built
1999

Utilities

Heating
Central
Cooling
Ceiling fan(s), Central air
Sewer
Public sewer
Water
Public

Estimated monthly costs

HOA Fees
$202

Taxes

Tax Annual Amount (2024)
$2,367.66

Public schools

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Sourced from: Triangle MLS MLS®#: 10077089 Last checked:

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