1911 Wolftech Lane #204 new to site

Raleigh,NC 27603

$ 283000

4 Beds

4 Baths

1391 SqFt


Key Details

Property Type Single Family Home, Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 1,391 sqft

Price per Sqft $203

Subdivision University Woods

MLS Listing ID 10087336

Style Multi Family,Site Built

Bedrooms 4

Full Baths 4

HOA Fees $258/mo

Year Built 2002

Annual Tax Amount $2,425

Property Sub-Type Condominium

Property Description

Welcome investors! Come see one of the most convenient and one of the least expensive ways for your renters to live near NCSU campus (11 minutes) and downtown (12 minutes). This ''shared living'' condo is popular with students and professionals alike and will stay occupied whether you are looking for long term stable income or maximum profit. Shared areas are the kitchen, living room, sunroom and in-unit laundry which includes full size washer (replaced in 2020) and dryer (replaced in 2023). HVAC replaced in 2019. The four bedrooms are located in the 4 corners of the condo separated by 4 private full baths, creating maximum noise reduction. Common areas have durable, low maintenance, luxury, vinyl plank flooring, window blinds, electric stove, refrigerator dishwasher, exhaust fan and washer/dryer. Three long term renters are in place with the earliest lease ending date in August. One of the 4 renters has given notice and is moving out in May. All were subjected to a rigorous approval process including income verification, rental references credit and background checks. Current market rates are $600 per room. Current resident rates are discounted due to longevity. The kitchen cabinets have been freshly painted a trendy charcoal gray. This building is uniquely located on its own street surrounded by trees. This one won't last! Come and visit! You'll be glad you did!

Location

State NC

County Wake

Community Curbs,Sidewalks,Street Lights

Interior

Heating Electric,Forced Air

Cooling Ceiling Fan(s),Central Air,Heat Pump

Flooring Carpet,Vinyl

Laundry In Unit

Exterior

Community Features Curbs,Sidewalks,Street Lights

Utilities Available Cable Available,Electricity Connected,Water Connected

View Y/N Yes

Roof Type Asphalt

Building

Lot Description Hardwood Trees,Landscaped,Level,Many Trees,Wooded

Story 1

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

New Construction No

Schools

Elementary Schools Wake - Swift Creek

Middle Schools Wake - Dillard

High Schools Wake - Athens Dr

Others

Special Listing Condition Standard

View More
Favorite Go Tour