Raleigh, NC 27606 1430 Collegiate Circle #102
$279,000
Presented By: Berkshire Hathaway HomeService;
Beds • 4
Baths • 4
SQFT • 1,178
Home Details
Investor alert! Prime Investment Opportunity - 4 Bed/4 Bath Condo Near NCSU! This first-floor 4-bedroom, 4-bathroom condo offers an excellent opportunity for steady rental income. Currently, three bedrooms are leased through July 2025, with the fourth bedroom vacant and ready to be rented. Each bedroom features a private en-suite bath and walk-in closet, making it highly desirable for tenants. Three bedrooms leased at $600/month each (Potential total income of $2,400/month when fully occupied). Utilities included in rent: Water (capped at $50/unit) and electricity (capped at $100/unit). Water heater replaced in December 2021, HVAC installed in 2018. Walking distance to Lake Johnson Close to walking trails and North Carolina State University (NCSU) Convenient access to the NC State WolfLine bus route. Quick access to downtown Raleigh and I-40. Community Amenities include Pool Volleyball and basketball courts.
Presented By: Berkshire Hathaway HomeService;
Interior Features for 1430 Collegiate Circle #102
Bedrooms
Total Bedrooms4
Bathrooms
Half Baths0
Total Baths4
Other Interior Features
Above Grade Finished Area1178
Above Grade Finished Area Unit TypeSquare Feet
Air Conditioning Y/NYes
Below Grade Finished Area0
Below Grade Finished Area Unit TypeSquare Feet
Fireplace Y/NNo
FlooringCarpet, Vinyl
Heating Y/NYes
Interior AmenitiesCeiling Fan(s), Walk-In Closet(s)
Laundry FeaturesIn Unit
General for 1430 Collegiate Circle #102
AppliancesDishwasher, Dryer, Electric Range, Refrigerator, Washer, Water Heater
Architectural StyleTraditional
Assoc Fee Paid PerMonthly
Association AmenitiesPool, Tennis Court(s)
Association Fee IncludesMaintenance Grounds, Maintenance Structure, Trash, Water
Attached Garage No
Building Area UnitsSquare Feet
Carport Y/NNo
CityRaleigh
Community FeaturesPool, Sidewalks, Tennis Court(s)
Construction MaterialsVinyl Siding
CoolingCeiling Fan(s), Central Air
CountyWake
DirectionsI-40 West to Gorman Street, Right on Gorman, left on Avent Ferry, left on Crab Orchard, left on Collegiate
Elementary SchoolWake County Schools
Full Baths4
Garage Y/NNo
HOAYes
HOA Fee$202.4
HeatingCentral
High SchoolWake County Schools
Lease Considered Y/NNo
LevelsOne
Living Area UnitsSquare Feet
Middle/Junior High SchoolWake County Schools
ModificationTimestamp2025-04-22T16:07:29.000Z
New ConstructionNo
Ok to Lease12 Months
Open Parking Spaces0
Patio/Porch FeaturesCovered, Patio
Pool FeaturesSwimming Pool Com/Fee
Property Attached Y/NNo
Property SubtypeCondominium
Property TypeResidential
RoofShingle
RoomsPrimary Bedroom, Bedroom 2, Bathroom 3, Bathroom 4, Kitchen, Living Room
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameUniversity Commons Lake Pk
Tax Annual Amount2367.66
Total Rooms6
Unit Number102
UtilitiesElectricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Waterfront Y/NNo
Year Built1999
Exterior for 1430 Collegiate Circle #102
Building Area Total1178
Foundation DetailsSlab
Horse Y/NNo
Open Parking Y/NYes
Parking FeaturesCommon, Parking Lot
SpaNo
Water SourcePublic
Additional Details
Price History
Schools
Middle School
Wake County Schools Middle School
Elementary School
Wake County Schools Elementary School
High School
Wake County Schools High School
Nina Gervase
Realtor
