1321 Crab Orchard Drive #203,Raleigh, NC 27606
Raleigh, NC 27606
Description
INVESTOR ALERT!!! RENTED TILL JUNE 30, 2027. Second 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. All vinyl floor and new HVAC in 2024. The Lake Park community amenities include a swimming pool, basketball court, and volleyball courts. Enjoy convenient access to the LakeJohnson Park, Avent Ferry Shopping Center, and the Go Raleigh bus line. Currently, All the rooms are leased through June 30th, 2027, two rooms at $585 and 2 at $600 per month. Ongoing rates are approximately $700 per month for individual rooms or around $2370 per month for the entire unit. Don't miss this exceptional investment opportunity with excellent cash flow potential!
Details
| MLS # | 10092097 |
|---|---|
| Listing Type | For Lease |
| Style | Condominium |
| HOA Dues | $202 |
| Status | Active |
| Year | 1999 |
| Days On Site | 494 |
| Listing Provided By | Keller Williams Elite Realty | Manjeet Singh |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 1,219 |
| Story(s) | 3 |
Interior
| Heating Yes / No | Yes |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Ceiling Fan(s), Central Air |
| Laundry Features | In Unit |
| Rooms Total | 1 |
Exterior
| Exterior Features | Balcony, Basketball Court |
|---|---|
| Roof | Shingle |
| Foundation Details | Slab |
| Community Features | Pool, Street Lights |
| Construction Materials | Vinyl Siding |
| Window Features | Blinds |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | Parking Lot |
Location
| Association Amenities | Basketball Court, Parking, Pool, Trash |
|---|---|
| Community Features | Pool, Street Lights |
Utilities
| Utilities | Other |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Assessed Value | 270312 |
|---|---|
| Tax Legal Description | UNIVERSITY COMM LAKE PK PBA BU8A UNG |
| Tax Year | 2024 |
Other
| Accessibility Features | Accessible Central Living Area, Accessible Common Area |
|---|
Area Information
| State | NC |
|---|---|
| County | Wake |
| City | Raleigh |
| Zip Code | 27606 |
| Area | Wake |
| Community Name | Lakepark Condos |
| School District | Wake County Schools |
| Elementary School | Wake County Schools |
| High School | Wake County Schools |
| Listing VS Median (in Lakepark Condos) | |
Price: $270,000 low | high Med: $270,000 sqft: 1,219 low | high Med: 1,219 $ / sqft: $221 low | high Med: $221 On site: 494 low | high Med: 494 | |
Market Activity 27606
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Learn More About This Property
| State | NC |
|---|---|
| County | Wake |
| City | Raleigh |
| Zip Code | 27606 |
| Area | Wake |
| Community Name | Lakepark Condos |
| School District | Wake County Schools |
| Elementary School | Wake County Schools |
| High School | Wake County Schools |
| Listing VS Median (in Lakepark Condos) | |
Price: $270,000 low | high Med: $270,000 sqft: 1,219 low | high Med: 1,219 $ / sqft: $221 low | high Med: $221 On site: 494 low | high Med: 494 | |
