About The Property

INVESTORS! NCSU PARENTS AND STUDENTS! Prime Investment Opportunity at University Commons - Lake Park. This 4 Bedroom+ 4 Bathroom condo is an excellent opportunity for steady rental income. Currently, three bedrooms are leased through July 2026, with the fourth bedroom vacant and ready to be rented. Each bedroom features a private en-suite bath and walk-in closet. There is a shared living area, kitchen, washer/dryer as well as a porch and additional storage outside. Three bedrooms are currently leased through 7/31/26 at $625, $600, $600/month each (Potential total income of $2,400/month when fully occupied and upwards of $3200 depending on choice of management and upgrades). Utilities included in rent: Water (capped at $50/unit) and electricityRead MoreRead Less
Courtesy of Dwell Raleigh Real Estate, Kristina Nieshalla, 919-696-9622.
Listing Snapshot
Days Online
2
Last Updated
Property Type
Condominium
Beds
4
Full Baths
4
Square Ft.
1,219
Year Built
1997
MLS Number
10120119
Koren Bowman
REALTOR
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Additional Details

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Cooling
Cooling Included, Cooling: "Central Air", "Heat Pump"
Appliances & Equipment
Appliances: "Dishwasher", "Electric Range", "Electric Water Heater", "Refrigerator", "Washer/Dryer"
Building
Building Area Total: 1219, Building Area Units: Square Feet, Construction Materials: "Vinyl Siding", Living Area Units: Square Feet, Living Area: 1219, Structure Type: "Other", Year Built: 1997, Number Of Units Total: 4
Community
Community Features: Pool, Sidewalks, Tennis Court(s)
Floors
Flooring: "Carpet"
Foundation
Foundation Details: "Slab"
Heating
Heating: "Electric", "Forced Air", "Heat Pump", Heating Included
Home Owner's Association
Association Fee: $205, Association Amenities: "Basketball Court", "Clubhouse", "Pool", "Sport Court", "Tennis Court(s)", Association Fee Frequency: Monthly, Association Available
Laundry
Features: "In Unit"
Lot
Parcel Number: 0783823950
Parking
Parking Features: Common, Parking Lot, Unassigned, Open Parking
Pool
Pool Features: "Outdoor Pool", "See Remarks"
Property
Property Sub Type: Condominium
Roof
Roof: "Shingle"
Sewer
Sewer: "Public Sewer"
Taxes
Tax Annual Amount: 2336.99
Utilities
Utilities: "Cable Available", "Electricity Connected", "Sewer Connected", "Water Connected", Water Source: "Public"
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Courtesy of Dwell Raleigh Real Estate, Kristina Nieshalla, 919-696-9622.

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