If you've ever wanted to buy an amazing property for less than 70% of market value this is the opportunity you've been waiting for! Just 2 miles from N.C. State University, this 1,114 square foot, 2 bedroom / 1.5 bathroom condo comes with a "built-in" student client base.Previous owner was getting $715/month in rental income and the condo needs $5,000 to $8,000 to be rent ready! Seller has enjoyed many years of healthy cash flow from this property and this is your chance to acquire the same income for yourself. If you're looking for an amazing deal, this is the opportunity you've been waiting for!
Off market
$169,600
1283 Schaub Dr, Raleigh, NC 27606
2beds
1baths
1,114sqft
Condo
Built in 1972
-- sqft lot
$169,600 Zestimate®
$152/sqft
$1,513 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1.5
Heating
- Forced air
Cooling
- Central
Appliances
- Included: Microwave, Range / Oven, Refrigerator
Interior area
- Total interior livable area: 1,114 sqft
Construction
Type & style
- Home type: Condo
Condition
- Year built: 1972
Community & neighborhood
Location
- Region: Raleigh
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $174 monthly
Services availability
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Estimated market value
$169,600