Projected 6.6% cap rate with proforma available from the property manager. Short term rentals permitted (limited availability by covenants), making this an excellent opportunity for investors or owner occupants seeking flexibility. Welcome to Park & Oak in Five Points -- where walkable living meets modern style just minutes from Downtown Raleigh, North Hills, Midtown, and nearby hospitals. This beautifully renovated 2 bedroom, 1.5 bath end unit townhome style condo features white quartz countertops, stainless steel appliances, a sleek tile backsplash, site finished hardwoods, LVP flooring, recessed lighting, and modern matte black finishes throughout. Community amenities include a private dog park with agility equipment, picnic shelter and grilling area, fire pit gathering space, and updated landscaping. Step outside to enjoy Kiwanis Park greenway, playgrounds, coffee shops, breweries, and local restaurants just moments away. Whether you're looking for a stylish Five Points home or a strong rental investment, Park & Oak offers location, lifestyle, and income potential.