Bought with Cary-Raleigh Realty, Inc.
$260,000
$272,500
4.6%For more information regarding the value of a property, please contact us for a free consultation.
1321 Crab Orchard Drive #302 Raleigh, NC 27606
4 Beds
4 Baths
1,219 SqFt
Key Details
Sold Price $260,000
Property Type Single Family Home, Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 1,219 sqft
Price per Sqft $213
Subdivision Lakepark Condos
MLS Listing ID 10038288
Style Multi Family
Bedrooms 4
Full Baths 4
HOA Fees $184/mo
Year Built 1999
Annual Tax Amount $1,901
Property Sub-Type Condominium
Property Description
Investor Alert!!! Top-floor 4 bedroom, 4 bathroom condo/apartment unit located near NCSU. Each bedroom suite features a private full bath and a walk-in closet in addition to the shared kitchen, laundry area, dining room, living room, and balcony. The Lake Park community amenities include a swimming pool, basketball court, and volleyball courts. Enjoy convenient access to the Lake Johnson Park, Avent Ferry Shopping Center, and the GoRaleigh bus line. Currently, 2 of the rooms are leased through July 15th, 2025, at $590 per month. The remaining 2 rooms are move-in ready and available for new leases. Ongoing rates are approximately $600 per month for individual rooms or around $2400 per month for the entire unit. Don't miss this exceptional investment opportunity with excellent cash flow potential!
Location
State NC
County Wake
Community Pool
Zoning R-10
Interior
Heating Central, Forced Air
Cooling Ceiling Fan(s), Central Air, Electric
Flooring Carpet, Vinyl
Laundry In Unit, Laundry Closet
Exterior
Exterior Feature Balcony, Basketball Court
Pool In Ground, Outdoor Pool
Community Features Pool
View Y/N Yes
Roof Type Shingle
Building
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction No
Schools
Elementary Schools Wake - Combs
Middle Schools Wake - Centennial Campus
High Schools Wake - Athens Dr
Others
Special Listing Condition Standard
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