Fantastic investment opportunity 5 minutes from NC State and 10 minutes from downtown Raleigh! This spacious 4 bedroom, 4 bathroom condo comes fully leased through next year, offering immediate rental income with a strong return potential. Each bedroom has its own private bath, making it highly desirable for students and young professionals alike. The open-concept living space, kitchen with plenty of storage, and in-unit laundry add everyday convenience, Conveniently located near NC State campus, shopping, dining, and major highways, this property attracts consistent tenant demand. Whether you're a seasoned investor or just getting started, this turnkey condo is a rare chance to step into a proven, income-producing property with leases already in place.
Property Features
Other Rooms
- Total Rooms: 12
- Utility Room Dimensions: 3.8' x 8'
- Utility Room Level: Main
- Living Room Dimensions: 12.3' x 19.1'
- Living Room Level: Main
Appliances
- Built-In Electric Oven
- Dishwasher
- Disposal
- Dryer
- Refrigerator
- Washer
Bedrooms
- Bedrooms: 4
- Primary Bedroom Dimensions: 12.5' x 11.6'
- Bedroom 2 Dimensions: 12.1' x 9.11'
- Bedroom 3 Dimensions: 12.1' x 9.7'
- Bedroom 4 Dimensions: 12.5' x 11.2'
- Primary Bedroom Level: Main
- Bedroom 2 Level: Main
- Bedroom 3 Level: Main
- Bedroom 4 Level: Main
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
- Primary Bathroom Dimensions: 7.9' x 6.6'
- Bathroom 2 Dimensions: 7.9' x 6.4'
- Bathroom 3 Dimensions: 7.2' x 6.3'
- Bathroom 4 Dimensions: 7.1' x 6.5'
- Primary Bathroom Level: Main
- Bathroom 2 Level: Main
- Bathroom 3 Level: Main
- Bathroom 4 Level: Main
Heating and Cooling
- Cooling Features: Ceiling Fan(s), Central Air
- Heating Features: Heat Pump
- Heating: Yes
- Ceiling Fans: Yes
Kitchen and Dining
- Dining Room Dimensions: 8.3' x 8'
- Dining Room Level: Main
- Kitchen Dimensions: 7.11' x 11'
- Kitchen Level: Main
Interior Features
Exterior and Lot Features
- Road Maintenance: Public Maintained Road
Garage and Parking
- Open Parking Spaces: 4
- Open Parking: Yes
- Parking Features: Additional Parking, Parking Lot, Paved
- Parking Total: 4
Homeowners Association
- Association: Yes
- Association Amenities: Maintenance Grounds
- Association Fee: 235
- Association Fee Frequency: Monthly
- Association Fee Includes: Maintenance Grounds, Trash
- Calculated Total Monthly Association Fees: 235
- Association Name: Wilson property management
- Association Phone: 9195245999
School Information
- Elementary School: Wake - Swift Creek
- High School: Wake - Athens Dr
- Middle School: Wake - Dillard
Rental Info
Amenities and Community Features
- Community Features: Sidewalks, Street Lights
Other Property Info
- Standard
- Annual Tax Amount: 2435
- Source Listing Status: Active
- County: Wake
- Directions: From US 1 North, take exit 1A toward Benson, Rocky Mount, Take exit 2995 onto Gorman st,turn right onto Gorman, Turn left on Tryon Rd, Left on trailwood, left on wolftech, left on Pardue woods, right on wolfmill, destination on right, 3rd floor
- Tax Year: 2024
- Source Property Type: Residential
- Property Subtype: condo
- Source Neighborhood: University Woods
- Parcel Number: 0792070877
- Subdivision: University Woods
- Property Subtype: Condominium
Building and Construction
- Total Square Feet Living: 1378
- Year Built: 2002
- Above Grade Finished Area: 1378
- BelowGradeFinishedArea: 0
- Building Area Total: 1378
- Common Walls: 1 Common Wall
- Construction Materials: Vinyl Siding
- Levels: One
- Property Age: 23
- Roof: Architectural Shingle
- Levels or Stories: One
- Total Above Grade Sqft Area: 1378
- Total Area Sqft: 1378
- Architectural Style: Traditional
Utilities
- Sewer: Public Sewer
- Water Source: Public
