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Sold for $270,000 on 07/25/25
  • $270,000

    1911 Wolftech Ln APT 204, Raleigh, NC 27603

    4beds
    1,391sqft
    Condominium, Residential, Multi Family
    Built in 2002
    -- sqft lot
    $269,900 Zestimate®
    $194/sqft
    $1,495 Estimated rent

    What's special

    Attention investors! A rarely seen discount on one of the most popular investment properties in Raleigh. Two rooms vacant and currently being rehabbed for rent. Guaranteed full market rent ($600/month) through the end of the other 2 leases PLUS one additional month on all 4 rooms to cover potential vacancy loss, if there is any. Total of $2400 rental income per month! Ask me how! Come see one of the most convenient and one of the least expensive ways for your renters to live near NCSU campus (11 minutes) and downtown (12 minutes). This ''shared living'' condo is popular with students and professionals alike and will stay occupied whether you are looking for long term stable income or maximum profit. Shared areas are the kitchen, living room, sunroom and in-unit laundry which includes full size washer (replaced in 2020) and dryer (replaced in 2023). HVAC replaced in 2019. The four bedrooms are located in the 4 corners of the condo separated by 4 private full baths, creating maximum noise reduction. Common areas plus one bedroom have durable, low maintenance, luxury, vinyl plank flooring, window blinds, electric stove, refrigerator dishwasher, exhaust fan and washer/dryer. Two long term renters are in place with the earliest lease ending date in Sept. All were subjected to a rigorous approval process including income verification, rental references credit and background checks. Current market rates are $600 per room. The common areas are freshly painted; the kitchen cabinets have been painted a trendy charcoal gray. This building is uniquely located on its own street surrounded by trees. This one won't last! Come, visit and bring all offers! You'll be glad you did!

    Zillow last checked: 7 hours ago

    Listing updated: July 26, 2025 at 08:48am

    Listed by:

    Mary Gibbs-Peed 919-274-2900,

    Alliance Properties of the Car

    Bought with:

    Apoorva Gonuguntala, 355677

    Allen Tate/Cary

    Source: Doorify MLS,MLS#: 10087336MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Electric, Forced Air
    Cooling
    • Ceiling Fan(s), Central Air, Heat Pump
    Appliances
    • Included: Dishwasher, Dryer, Electric Range, Range Hood, Refrigerator, Washer/Dryer, Water Heater
    • Laundry: In Unit
    Features
    • Ceiling Fan(s)
    • Flooring: Carpet, Vinyl
    • Windows: Blinds, Insulated Windows
    • Has fireplace: No
    • Common walls with other units/homes: 1 Common Wall, End Unit, No One Above
    Interior area
    • Total structure area: 1,391
    • Total interior livable area: 1,391 sqft
    • Finished area above ground: 1,391
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 4
    • Parking features: Common, Off Street, Outside, Parking Lot
    • Uncovered spaces: 4
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: None
    • Has view: Yes
    Lot
    • Features: Hardwood Trees, Landscaped, Level, Many Trees, Wooded
    Details
    • Parcel number: 0792082239
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Traditional
    • Property subtype: Condominium, Residential, Multi Family
    • Attached to another structure: Yes
    Materials
    • Vinyl Siding
    • Foundation: Slab
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 2002

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Water Connected

    Community & neighborhood

    Community
    • Community features: Curbs, Sidewalks, Street Lights
    Location
    • Region: Raleigh
    • Subdivision: University Woods

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $258 monthly
    • Amenities included: Landscaping, Parking, Trash
    • Services included: Maintenance Grounds, Trash

    Other

    Other facts
    • Road surface type: Asphalt
    Services availability
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    Estimated market value

    $269,900