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1430 Collegeview Avenue , #304

Raleigh, NC 27606
  • $243,000
  • STATUS: Closed
  • ON SITE: 121 Days
  • ID#: 2427140
Sold - 02/11/2022
$243,000
SOLD - 02/11/2022
  • 4
    BEDS
  • N/A
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 1,261
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1999
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Listing courtesy of Chk Realty.
© 2022 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.

Description

Investor's dream. 4 bed/4 bath condo (3rd floor) near both centennial campus and north main campus at NCSU. Fully rented always. Near several wolf line buses. All 4 leases end on 7/31/2022 with rent $1715 (tenants pay electricity/internet, no gas, water covered by HOA dues). The condo is sold at As is condition. Seller is licensed RE agent & keeps the investment condo for 15 years. Very good cash flow and appreciation--see financials analysis in last picture. Have to sell it for a 1031 exchange project.

Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.

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©2022 Triangle MLS, Inc. of North Carolina. All rights reserved. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Data last updated 2022-05-16T23:48:30.727.
www.onwire.us/homes/124789861
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1430 Collegeview Avenue , #304 Raleigh, NC 27606

  • Price: $249,000
  • Status: Closed
  • On Site: 121 Days
  • ID#: 2427140
4
Beds
4
Baths
0
½ Baths
N/A
Acres
1,261
SQFT
$0
$/SQFT
1999
Built
Neighborhood:
University Glen
County:
Wake
Area:
Raleigh
Elementary School:
Wake County Schools
Middle School:
Wake County Schools
High School:
Wake County Schools
Property Description
Investor's dream. 4 bed/4 bath condo (3rd floor) near both centennial campus and north main campus at NCSU. Fully rented always. Near several wolf line buses. All 4 leases end on 7/31/2022 with rent $1715 (tenants pay electricity/internet, no gas, water covered by HOA dues). The condo is sold at As is condition. Seller is licensed RE agent & keeps the investment condo for 15 years. Very good cash flow and appreciation--see financials analysis in last picture. Have to sell it for a 1031 exchange project.
Exterior Features

Construction Type Site Built Design One Story Exterior Finish Vinyl Ext Parking Parking Lot Roof Shingle Style Traditional

Interior Features

Basement No Bedrooms1st Floor No Cooling Central Air Fireplace 0 Flooring Laminate Fuel Heat No Fuel Heat Heating Heat Pump Living Area Above Grade 1261 Living Area Below Grade 0 Master Bedroom1st Floor No Number Of Rooms 6 Other Area Above Grade 0 Other Area Below Grade 0 Total Other Area Sq Ft 0 Water Heater GasWater Htr Age 6+ Yrs

Property Features

Acres 0-.25 Acres Hoa Fees Include Area LightsGarbage PickupRoofWater Hoa YN Yes Hoa1 Fee Payment Monthly Hoa1 Fees Amount 250 Hoa1 Fees Required Yes Hoa2 Fees Amount 0 Lease Expires 2022-07-31 Lot Dimensions 0 Lot Number 304 Monthto Month No New Construction No Ownership Type Condo Property Description Other Sale Rent For Sale Special Conditions Seller Lic. Re Prfssnl. Tax Annual Amount 1619



©2022 Triangle MLS, Inc. of North Carolina. All rights reserved. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Data last updated 2022-05-16T23:48:30.727.
 
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OnWire Realty
4912 Professional Court
Raleigh NC, 27609
Listing courtesy of Chk Realty.
© 2022 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.