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!
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
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#: 10087336

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