Bought with Redfin Corporation
$275,000
$285,000
3.5%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4 Baths
1,385 SqFt
SOLD DATE : 11/18/2025
Key Details
Sold Price $275,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 1,385 sqft
Price per Sqft $198
Subdivision University Woods
MLS Listing ID 10124018
Sold Date 11/18/25
Style Duplex
Bedrooms 4
Full Baths 4
HOA Y/N Yes
Abv Grd Liv Area 1,385
Year Built 2001
Annual Tax Amount $2,411
Property Sub-Type Condominium
Source Triangle MLS
Property Description
Income-Producing Raleigh Condo - 4BR/4BA with Immediate Cash Flow
Turnkey rental opportunity in the heart of Raleigh. This 4-bedroom, 4-bathroom condo offers strong cash flow, with one bedroom currently leased, providing immediate income from day one. Located just minutes from NC State University and Downtown Raleigh, the property is in high demand with consistent rental potential.
Highlights include four full bathrooms for tenant convenience, all appliances included, and easy access to shopping, dining, and major commuter routes.
Investor Opportunity: Unit 1911-302 is also for sale and can be purchased together as a package, offering a larger-scale investment with even greater income potential. A smart choice for investors seeking reliable returns in a thriving market.
Location
State NC
County Wake
Direction From I40 take Gorman Street Exit, towards Tryon Rd. Turn Right at light on Tryon Rd, Next light turn Left on Trailwood Dr, turn Lefton Wolftech Lane.
Rooms
Other Rooms • Primary Bedroom: 12.5 x 10 (Main)
• Bedroom 2: 12.3 x 10.1 (Main)
• Bedroom 3: 12.5 x 10.1 (Main)
• Kitchen: 12.4 x 10 (Main)
Primary Bedroom Level Main
Interior
Heating Forced Air, Heat Pump
Cooling Central Air, Heat Pump
Flooring Carpet, Linoleum, Vinyl
Exterior
View Y/N Yes
Roof Type Shingle
Garage No
Private Pool No
Building
Faces From I40 take Gorman Street Exit, towards Tryon Rd. Turn Right at light on Tryon Rd, Next light turn Left on Trailwood Dr, turn Lefton Wolftech Lane.
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Traditional
Structure Type Vinyl Siding
New Construction No
Schools
Elementary Schools Wake County Schools
Middle Schools Wake County Schools
High Schools Wake County Schools
Others
HOA Fee Include Maintenance Grounds,Pest Control
Senior Community No
Tax ID 0792073639
Special Listing Condition Standard
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