North Raleigh Condo 🏡 at 1% Rent Rule 

Wake County, Raleigh, NC, 27604
Sold
Listed at: December 19th, 2022
Price
$105,000
Sq. Footage
544
Type
Condo
Parking
Unassigned
Year build
1983
Lot size
0 acres
Bedrooms
1
Bathrooms
1
Half Bathrooms
0
Summary

I'm reaching out to share a deal with you! The address is 3071 Huntleigh Dr. Raleigh, NC 27604. The cash price is $105,000.

 

Located just minutes from downtown and right off the highway, this location doesn't get much more centralized to everything! A couple minutes from a major hospital, from North Hills, and from a bustling part of town with major shopping chains, this condo is PERFECT for a rental. Want stabilized rent? Rent should be $1100-1200/m. Want to tap into the STR market? AirBnB comps show at least $200/night! And with a recent sale of the same exact condo at $130k, you will be well below market value even after renovations! So if you’ve been looking to add another unit to your portfolio or have been waiting to jump in, don’t let this one pass you by! 

 

 

Below are the properties details:

Single Family Residence - Condo

1 Bed/1 Bath

HOA: $120/month

Vacant - lockbox on property

SqFt: 544

Year Built: 1983

Cash Price: $105,000

 

HERE are photos

HERE is the rental comps report

 

Additional Comps:

3063 Huntleigh Dr. - 1/1/544sqft - $130,000

3033 Huntleigh Dr. - 1/1/664sqft - $144,000

 

Please reach out to me to view the property! Any questions please do not hesitate to ask.

 

We look forward to seeing you!

 

- Josh

 

Joshua Norman

Dispositions Manager, VentureStack

P 919.538.0401

josh@venture-stack.com

http://www.venture-stack.com/

 

***ABSOLUTELY NO RE-MARKETING OUR PROPERTIES***

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Josh Norman

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Disposition manager