Don't miss this! Potential 5.95% CAP rate!!! Never rented before. Window is closing soon due to available rental permits in this incredible subdivision, according to HOA. Lifestyle meets convenience in this beautifully designed townhome in the sought-after 5401 North community. Perfectly positioned just minutes from downtown Raleigh and with effortless access to major commuter routes, this home makes everyday living feel easy and elevated. Inside, a thoughtful two-story layout creates a natural flow between spaces. The open-concept main level invites gathering and connection, ideal for casual evenings or entertaining friends. The kitchen boasts upgraded finishes, quartz counters, and stainless appliances that make cooking a joy. Refrigerator, washer and dryer stay! Upstairs, generous bedrooms offer comfort and privacy, with a primary suite featuring a large walk-in closet and en-suite bath. With modern design, stylish details, and low-maintenance living, this home suits today's on-the-go lifestyle perfectly. And the HOA cuts the grass! 5401 North is more than a neighborhood; it's a connected community with a town-center feel. Residents enjoy access to trails, parks, a pool, fitness center, dog park, coffee shop, brewery, and more, all within steps of your door. Whether commuting, socializing, or simply savoring a relaxed weekend, this home offers the best of Raleigh living in one convenient address. NOTE: This home may qualify for $10K Forgivable Loan Program buyers can use for DP or Closing Costs in addition to a lower than FHA rate if you quailfy. Buyers income of up to $199k in Wake County is allowable!! Please contact Jamie Barron at First Citizens for more info.. **HOA currently issuing leasing permits- this could change soon.
Property Features
Other Rooms
- Total Rooms: 6
- Family Room Dimensions: 10.75' x 10.67'
- Living Room Dimensions: 15.33' x 16.33'
- Family Room Level: Second
- Living Room Level: Main
Appliances
- Dishwasher
- Dryer
- Gas Range
- Microwave
- Plumbed For Ice Maker
- Refrigerator
- Stainless Steel Appliance(s)
- Washer
- Water Heater
- Laundry Features: Laundry Room
Bedrooms
- Bedrooms: 3
- Primary Bedroom Dimensions: 13.67' x 16.33'
- Bedroom 2 Dimensions: 9.9' x 14.58'
- Bedroom 3 Dimensions: 12' x 12.33'
- Primary Bedroom Level: Second
- Bedroom 2 Level: Second
- Bedroom 3 Level: Second
Bathrooms
- Total Bathrooms: 2.5
- Full Bathrooms: 2
- 1/2 Bathrooms: 1
Interior Features
- Bathtub/Shower Combination
- Double Vanity
- Kitchen Island
- Walk-In Closet(s)
- Walk-In Shower
- Flooring: Carpet, Luxury Vinyl
Heating and Cooling
- Cooling Features: Central Air
- Fireplace Features: Living Room
- Heating Features: Natural Gas
- Heating: Yes
- Number of Fireplaces: 1
Kitchen and Dining
- Kitchen Dimensions: 17' x 13.25'
- Kitchen Level: Main
Exterior and Lot Features
- Rain Gutters
- Patio And Porch Features: Porch, Screened
- Road Maintenance: Public Maintained Road
- Porch: Yes
Pool and Spa
- Pool Features: Association, In Ground, Swimming Pool Com/Fee
Garage and Parking
- Attached Garage: Yes
- Garage Spaces: 2
- Open Parking: No
- Parking Features: Garage
- Parking Total: 2
Land Info
- Lot Size Acres: 0.07
- Lot Size Square Feet: 3049
Homeowners Association
- Association: Yes
- Association Amenities: Clubhouse, Dog Park, Landscaping, Maintenance Grounds, Management, Playground, Pool
- Association Fee: 224
- Association Fee Frequency: Monthly
- Association Fee Includes: Maintenance Grounds
- Calculated Total Monthly Association Fees: 224
- Association Name: 5401 North/Elite Management
- Association Phone: 9192101856
School Information
- Elementary School: Wake - River Bend
- High School: Wake - Rolesville
- Middle School: Wake - River Bend
Amenities and Community Features
- Community Features: Clubhouse, Park, Playground, Pool, Sidewalks, Street Lights
Other Property Info
- Standard
- Annual Tax Amount: 3471
- Source Listing Status: Pending
- County: Wake
- Directions: See GPS. Head northeast on US-401 N; Turn right onto Midtown Market Ave; Turn right onto Archwood Ave then left on Crescent Square Street; Turn right onto Humanity Lane.
- Tax Year: 2025
- Source Property Type: Residential
- Property Subtype: townhouse
- Source Neighborhood: 5401 North
- Ownership Type: Townhouse
- Parcel Number: 1736861722
- Postal Code Plus 4: 4361
- Subdivision: 5401 North
- Zoning: PD
- Property Subtype: Townhouse
Building and Construction
- Total Square Feet Living: 1963
- Year Built: 2022
- Above Grade Finished Area: 1963
- BelowGradeFinishedArea: 0
- Building Area Total: 1963
- Common Walls: 1 Common Wall
- Construction Materials: Vinyl Siding
- Foundation Details: Slab
- Levels: Two
- Property Age: 3
- Roof: Shingle
- Levels or Stories: 2
- Structure Type: Townhouse
- Total Above Grade Sqft Area: 1963
- Total Area Sqft: 1963
- Architectural Style: Traditional
Utilities
- Sewer: Public Sewer
- Electricity Connected
- Natural Gas Connected
- Sewer Connected
- Water Connected
- Water Source: Public
Home Features
- Security Features: Security System