4 Beds
4 Baths
1,071 SqFt
4 Beds
4 Baths
1,071 SqFt
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 1,071 sqft
Price per Sqft $270
Subdivision University Commons Lake Pk
MLS Listing ID 10141240
Style Other
Bedrooms 4
Full Baths 4
HOA Y/N Yes
Abv Grd Liv Area 1,071
Year Built 1997
Annual Tax Amount $2,377
Property Sub-Type Condominium
Source Triangle MLS
Property Description
This is the one investors wait for. A true 4-bedroom, 4-bath layout each bedroom with its own private bathroom designed to maximize rental income, minimize vacancy, and attract premium tenants year after year.
Located in the heart of West Raleigh, just minutes to NC State University, Lake Johnson, Downtown Raleigh, I-40, I-440, PNC Arena, and the State Fairgrounds, this property sits directly in one of the strongest rental corridors in the Triangle where demand consistently outpaces supply.
The top-floor position offers added privacy (a major tenant draw), while the low-maintenance condo lifestyle and HOA coverage create predictable expenses and hands-off ownership--ideal for scaling your portfolio or securing your first income-producing asset.
Investor Highlights:
• Proven high-demand 4/4 roommate layout
• Strong rental potential per bedroom
• Consistent tenant pool from NC State + surrounding employers
• Low-maintenance, turnkey opportunity
Whether you're house hacking, expanding your portfolio, or securing a long-term hold, this property is positioned to perform.
Opportunities like this move fast in this location schedule your showing and submit your offer before it's gone.
I
Location
State NC
County Wake
Direction 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 Turn left on Collegiate
Rooms
Other Rooms • Primary Bedroom (Main)
• Bedroom 2 (Main)
• Bedroom 3 (Main)
Primary Bedroom Level Main
Interior
Heating Electric
Cooling Central Air
Flooring Vinyl
Exterior
Utilities Available Cable Available
View Y/N Yes
Roof Type Tile
Garage No
Private Pool No
Building
Faces 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 Turn left on Collegiate
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Traditional
Structure Type Vinyl Siding
New Construction No
Schools
Elementary Schools Wake County Schools
Middle Schools Wake County Schools
High Schools Wake County Schools
Others
HOA Fee Include Unknown
Senior Community No
Tax ID 0783826312
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
5966 Fairview Rd, Suite 400, Charlotte, NC, 28210, United States