Excellent opportunity to own a low-maintenance, income-producing condo.Located just minutes from NC State University, this property sits in a high-demand rental corridor with consistent tenant interest year-round. The unit features a functional layout, solid condition, and top-floor privacy, making it attractive to both student and professional renters. Easy access to I-40, I-440, Downtown Raleigh, PNC Arena, and State Fairgrounds adds to its long-term rental appeal. Condo living keeps expenses predictable, while the location supports strong occupancy and rent stability. Ideal for buy-and-hold investors, first-time investors, or portfolio additions. Immediate rental potential-no major updates required
Property Features
Bedrooms
- Bedrooms: 4
- Primary Bedroom Level: Main
- Bedroom 2 Level: Main
- Bedroom 3 Level: Main
- Bedroom 4 Level: Main
Other Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Appliances
- Dishwasher
- Electric Cooktop
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Electric
- Heating: Yes
Interior Features
- Flooring: Laminate, Luxury Vinyl
Exterior and Lot Features
- Road Maintenance: Public Maintained Road
Homeowners Association
- Association: Yes
- Association Fee: 202
- Association Fee Frequency: Monthly
- Calculated Total Monthly Association Fees: 202
- Association Name: Wilson Property Management
- Association Phone: 9197821717
School Information
- Elementary School: Wake County Schools
- High School: Wake County Schools
- Middle School: Wake County Schools
Rental Info
Other Property Info
- Standard
- Annual Tax Amount: 2377
- Source Listing Status: Coming Soon
- County: Wake
- Directions: Take I-40 to Exit 295 (Gorman Street) - this is the exit for Gorman Street toward Raleigh/State Fairgrounds. Head north on Gorman Street after exiting the freeway. Turn left onto Avent Ferry Road. Continue on Avent Ferry, then turn left onto Crab Orchard Drive. Follow Crab Orchard Drive into the Lake Park/University Commons
- Tax Year: 25
- Source Property Type: Residential
- Source Neighborhood: University Commons Lake Pk
- Parcel Number: 0783822614
- Subdivision: University Commons Lake Pk
- Property Subtype: Apartment
Building and Construction
- Total Square Feet Living: 1071
- Year Built: 1997
- Above Grade Finished Area: 1071
- BelowGradeFinishedArea: 0
- Building Area Total: 1071
- Construction Materials: Vinyl Siding
- Foundation Details: Slab
- Levels: One
- Property Age: 29
- Roof: Tile
- Levels or Stories: One
- Total Above Grade Sqft Area: 1071
- Total Area Sqft: 1071
- Architectural Style: Traditional
Utilities
- Sewer: Public Sewer
- Water Source: Public
