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 a current lease in place. Located just minutes from NC State University and Downtown Raleigh, the property is in high demand with consistent rental potential. Highlights include modern LVP flooring, four full bathrooms for tenant convenience, and easy access to shopping, dining, and major commuter routes. A smart choice for investors seeking reliable returns in a thriving market. All appliances included. Note: pictures are from unit (2120 Wolftech #304)
Property Features
Bedrooms
- Bedrooms: 4
- Primary Bedroom Dimensions: 12.5' x 10'
- Bedroom 2 Dimensions: 12.5' x 10'
- Bedroom 3 Dimensions: 12.5' x 10'
- Bedroom 4 Dimensions: 12.5' x 10'
- Primary Bedroom Level: Main
- Bedroom 2 Level: Main
- Bedroom 3 Level: Main
- Bedroom 4 Level: Main
Other Rooms
- Total Rooms: 12
- Laundry Dimensions: 4.3' x 5.4'
- Laundry Level: Main
- Den Dimensions: 8.1' x 7.1'
- Living Room Dimensions: 12.4' x 20.8'
- Den Level: Main
- Living Room Level: Main
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
- Primary Bathroom Dimensions: 7.3' x 6.3'
- Bathroom 2 Dimensions: 7.7' x 6.3'
- Bathroom 3 Dimensions: 7.7' x 6.3'
- Bathroom 4 Dimensions: 7.3' x 6.3'
- Primary Bathroom Level: Main
- Bathroom 2 Level: Main
- Bathroom 3 Level: Main
- Bathroom 4 Level: Main
Heating and Cooling
- Cooling Features: Central Air, Heat Pump
- Heating Features: Forced Air, Heat Pump
- Heating: Yes
Interior Features
- Flooring: Linoleum, Luxury Vinyl
Kitchen and Dining
- Kitchen Dimensions: 12.4' x 10'
- Kitchen Level: Main
Exterior and Lot Features
- Road Maintenance: Public Maintained Road
Garage and Parking
Homeowners Association
- Association: Yes
- Association Fee: 255
- Association Fee Frequency: Monthly
- Association Fee Includes: Maintenance Grounds, Pest Control
- Calculated Total Monthly Association Fees: 255
- Association Name: University Woods/Wilson PropertyManagement
- 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: 2425
- Source Listing Status: Active
- County: Wake
- Directions: From I40 take Gorman Street Exit, towards Tryon Rd. Turn Right at light on Tryon Rd, Next light turn Left on Trailwood Dr, turn Left on Wolftech Lane.
- Tax Year: 2025
- Source Property Type: Residential
- Property Subtype: condo
- Source Neighborhood: University Woods
- Parcel Number: 0792082239
- Postal Code Plus 4: 9435
- Subdivision: University Woods
- Property Subtype: Condominium
Building and Construction
- Total Square Feet Living: 1385
- Year Built: 2002
- Above Grade Finished Area: 1385
- BelowGradeFinishedArea: 0
- Building Area Total: 1385
- Construction Materials: Vinyl Siding
- Foundation Details: Slab
- Levels: One
- Property Age: 23
- Roof: Shingle
- Levels or Stories: One
- Structure Type: Duplex
- Total Above Grade Sqft Area: 1385
- Total Area Sqft: 1385
- Architectural Style: Traditional
Utilities
- Sewer: Public Sewer
- Water Source: Public
