1321 Crab Orchard Drive ##203 new to site

Raleigh,NC 27606

$ 290000

4 Beds

4 Baths

1219 SqFt


Key Details

Property Type Single Family Home, Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 1,219 sqft

Price per Sqft $237

Subdivision Lakepark Condos

MLS Listing ID 10092097

Bedrooms 4

Full Baths 4

Year Built 1999

Annual Tax Amount $2,368

Property Sub-Type Condominium

Property Description

INVESTOR ALERT!!! 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, 3 of the rooms are leased through June 30th 2025, 2 at $550 and one at $600 per month. The remaining one room is move-in ready and available for new tenant. Ongoing rates are approximately $650 per month for individual rooms or around $2600 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,Street Lights

Interior

Heating Central,Forced Air

Cooling Ceiling Fan(s),Central Air

Flooring Vinyl

Laundry In Unit

Exterior

Exterior Feature Balcony,Basketball Court

Fence Other

Community Features Pool,Street Lights

Utilities Available Other

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 County Schools

Middle Schools Wake County Schools

High Schools Wake County Schools

Others

Special Listing Condition Real Estate Owned

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