$272,500
Pending
163 Days Online
4 Beds4 Baths1,200 SQFT
Pending

1431 Collegiate Circle #302Raleigh, NC 27606

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No showings. Tenant occupied and only can see the property once under contract. Attention seasoned investors who understand the hassles and expenses associated with the traditional rental model. This turnkey multifamily investment comes with an innovative, proven rental model that minimizes background/income check hassles as well as the high cost of marketing for tenants, vacancies and evictions while providing a service to the less fortunate! Act now and lock in an immediate and consistent return on your investment. Or cancel the leases and implement your own model. Either way you win! Ask your agent to download and forward the documents in the MLS explaining this successfully proven model and current rent rolls or call the listing broker. Current monthly rent totals $2, 050. Security deposits total $3, 850 and convey at settlement.

  • Property TypeCondo
  • NeighborhoodUniversity Commons Lake Pk
  • CountyWake
  • Taxes$1,883
  • HOA/Condo/Coop Fees$184
  • Days on Site163 Days
  • MLS StatusPending
  • MLS ID Number10002881
  • Home Size Source N/A
  • Year Built1998
  • Lot Size Acres
  • Full Baths4
  • Partial BathsN/A

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General Features

  • Style Traditional
  • Construction Vinyl Siding
  • Parking Parking Lot
  • Sewer Public Sewer
  • Number of Stories 11
  • Water Public
  • Property Sub Type Condominium
  • Attached Garage No
  • Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
  • Foundation Permanent

Interior Features

  • Cooling Central Air
  • Heating Forced Air
  • Appliances DishwasherDryerElectric RangeGas Water HeaterMicrowaveRefrigeratorWasher
  • Flooring CarpetVinyl
  • Interior Ceiling Fan(s)Eat-in KitchenEntrance Foyer
  • Laundry Features Laundry Closet

Exterior Features

  • Roof Shingle
  • Pool Features Swimming Pool Com/ Fee
  • Patio And Porch Covered

Community Features

  • Association Dues 184
  • Association Amenities Basketball CourtMaintenance GroundsMaintenance Structure
  • Community Features Pool

Schools

School District
Unknown
Elementary School
Wake - Combs
Middle School
Wake - Centennial Campus
High School
Wake - Athens Dr

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Monthly Payment (Est.)

$1,455
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