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.
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4BEDS
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N/AACRES
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4BATHS
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01/2 BATHS
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1,261SQFT
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$0$/SQFT
School Information
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.
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Inc. of North Carolina, Internet Data Exchange Database. Data last updated 2022-05-16T23:48:30.727.