1420 Collegiate Circle 102,Raleigh, NC 27606
Raleigh, NC 27606
Description
Cash-flowing investment near NC State -- priced to move at $290K 4 bed · 4 bath Near NCSU Investment property Attention investors -- this is the one you've been waiting for. It is a spacious 4-bedroom, 4-bathroom apartment just minutes from NC State University, offering immediate rental income potential in one of Raleigh's most consistently in-demand rental corridors. With four private bedrooms, this unit is perfectly configured for student housing or young professionals commanding strong per-room rental rates year after year. Come in making money from day one. This is a rare opportunity to add a high-performing asset to your portfolio at an accessible entry point. Whether you're a seasoned investor or making your first move into real estate, the numbers work here. Schedule your showing today opportunities like this don't sit long.
Details
| MLS # | 10183463 |
|---|---|
| Listing Type | For Lease |
| Style | Condominium |
| HOA Dues | $202 |
| Status | Active |
| Year | 1997 |
| Days On Site | 69 |
| Listing Provided By | EXP Realty LLC | Casey Styers |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 1,071 |
| Story(s) | 1 |
Interior
| Interior Features | Ceiling Fan(s), Laminate Counters, Open Floorplan, Walk-In Closet(s) |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Cooling | Ceiling Fan(s), Central Air |
| Laundry Features | Electric Dryer Hookup, In Hall, Inside, Laundry Closet |
| Rooms Total | 4 |
Exterior
| Roof | Tile |
|---|---|
| Foundation Details | Slab |
| Community Features | Curbs, Pool |
| Construction Materials | Vinyl Siding |
| Security Features | Fire Sprinkler System, Smoke Detector(s) |
| Patio And Porch Features | Covered, Enclosed, Front Porch, Porch |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | Open, Parking Lot, Unassigned |
Location
| Association Amenities | Basketball Court, Parking, Pool, Sport Court |
|---|---|
| Community Features | Curbs, Pool |
Utilities
| Utilities | Cable Available |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Assessed Value | 270312 |
|---|---|
| Tax Legal Description | 7A UNIVERSITY COMM LAKE PK P7A BLDBLDG UNB |
| Tax Year | 2025 |
Area Information
| State | NC |
|---|---|
| County | Wake |
| City | Raleigh |
| Zip Code | 27606 |
| Area | Wake |
| Community Name | University Commons Lake Pk |
| School District | Wake County Schools |
| Elementary School | Wake County Schools |
| High School | Wake County Schools |
| Listing VS Median (in University Commons Lake Pk) | |
Price: $290,000 low | high Med: $272,000 sqft: 1,071 low | high Med: 1,202 $ / sqft: $271 low | high Med: $226 On site: 69 low | high Med: 75.5 | |
Market Activity 27606
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Learn More About This Property
| State | NC |
|---|---|
| County | Wake |
| City | Raleigh |
| Zip Code | 27606 |
| Area | Wake |
| Community Name | University Commons Lake Pk |
| School District | Wake County Schools |
| Elementary School | Wake County Schools |
| High School | Wake County Schools |
| Listing VS Median (in University Commons Lake Pk) | |
Price: $290,000 low | high Med: $272,000 sqft: 1,071 low | high Med: 1,202 $ / sqft: $271 low | high Med: $226 On site: 69 low | high Med: 75.5 | |