Nice Investment opportunity with lease transfer. Condominium unit In great location in Down Town Raleigh area.3rd floor, Inside corner unit, with one common wall, 2 Bed rooms, 2 full bath, Spacious kitchen with a Gas range and vented out Microwave. Quartz counter tops in kitchen & bathrooms, SS appliances, Ceiling fans in Family room & both bed rooms, Rolling shades for windows & balcony door, Entire floor is LVP & bathrooms are tiled. Spacious Walk in closets with shelving. Water & sewer billed through HoA. Owner responsible for Gas & Electricity. Please call to discuss parking option. Current Lease until May 2026. Seller pays $10,000/- towards rate buy down Closing costs if closed by Oct 15th 2025. Please cal Listing agent discuss Option to buy Unit #306 also not yet rented for your primary or investment.
Property Features
Bedrooms
- Bedrooms: 2
- Primary Bedroom Level: Main
- Bedroom 2 Level: Main
- Primary Bedroom Description: 3rd floor 1 level condo
Other Rooms
- Total Rooms: 8
- Entrance Hall Level: Main
- Utility Room Level: Main
- Family Room Level: Main
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Primary Bathroom Level: Main
- Bathroom 2 Level: Main
Interior Features
- Elevator
- Quartz Counters
- Flooring: Luxury Vinyl, Tile
Appliances
- Dishwasher
- Electric Water Heater
- Gas Range
- Microwave
- Refrigerator
- Stainless Steel Appliance(s)
- Water Heater
Heating and Cooling
- Cooling Features: Ceiling Fan(s), Central Air, Electric, Heat Pump
- Heating Features: Central, Electric, Forced Air, Heat Pump
- Heating: Yes
- Ceiling Fans: Yes
Kitchen and Dining
Exterior and Lot Features
- Balcony
- Road Maintenance: Public Maintained Road
Garage and Parking
Homeowners Association
- Association: Yes
- Association Amenities: Barbecue, Elevator(s), Landscaping, Maintenance Grounds, Maintenance Structure, Trash, Water
- Association Fee: 282
- Association Fee Frequency: Monthly
- Association Fee Includes: Maintenance Grounds, Maintenance Structure, Sewer, Trash
- Calculated Total Monthly Association Fees: 282
- Association Name: 615 W Peace by Towne Properties
- Association Phone: 9198788787
School Information
- Elementary School: Wake - Wiley
- High School: Wake - Broughton
- Middle School: Wake - Oberlin
Rental Info
Amenities and Community Features
- Community Features: Sidewalks, Street Lights
Other Property Info
- Standard
- Annual Tax Amount: 3993
- Source Listing Status: Coming Soon
- County: Wake
- Directions: From Capital Blvd Take W Peace st, After Glenwood, 615 W Peace Condominium on left beside Starbucks.
- Tax Year: 2025
- Source Property Type: Residential
- Property Subtype: condo
- Source Neighborhood: 615 Peace St
- Parcel Number: 1704422076
- Postal Code Plus 4: 1519
- Subdivision: 615 Peace St
- Property Subtype: Condominium
Building and Construction
- Total Square Feet Living: 974
- Year Built: 2024
- Above Grade Finished Area: 974
- BelowGradeFinishedArea: 0
- Building Area Total: 974
- Common Walls: 1 Common Wall, End Unit
- Construction Materials: Brick, Brick Veneer, Fiber Cement
- Foundation Details: Slab
- Levels: One
- Property Age: 1
- Roof: Rubber
- Levels or Stories: One
- Structure Type: Site Built
- Total Above Grade Sqft Area: 974
- Total Area Sqft: 974
- Year Built Effective: 2024
- Architectural Style: Traditional, Transitional
Utilities
- Sewer: Public Sewer
- Water Source: Public
Home Features
- Security Features: Building Security, Carbon Monoxide Detector(s), Closed Circuit Camera(s), Fire Alarm, Fire Sprinkler System, Firewall(s), Key Card Entry, Smoke Detector(s)
