Property Attributes
- MLS#10030718
- TypeCondos
- CountyWAKE
- CityRaleigh
- AreaWake
- NeighborhoodNorth Ridge Condominiums
- Zip27615
- StyleTraditional
- Year Built1969
- Taxes$ 1956
- Price$ 270,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms1
- Sqr Footage1393
Data Source:
Triangle MLS (TMLS)
Property Description
Calling all investors! Tremendous North Raleigh condo in popular Northridge Country Club location. The property is already leased for $1850 a month through May 31, 2025. This is a 7.4% annual return against the purchase price—tremendous margins! The current tenant is nearly moved out, and the newest tenant takes occupancy on June 1. The property can be shown up until that point. The home has been dramatically updated and shows extremely well with updated kitchens, baths, flooring, fixtures—you name it! The property is currently investor-owned and was purchased sight unseen, exempt from disclosures. Buyers are advised to do their own diligence prior to presenting offers. This will move quickly!
Elementary School | Middle School | High School |
---|---|---|
Wake - North Ridge Elementary School | Wake - West Millbrook Middle School | Wake - Millbrook High School |
Price History | |
---|---|
5/22/2024 | Listed $300,000 |
6/12/2024 | 10% - $270,000 |
General Features
Interior Features | Bathtub/Shower Combination,Ceiling Fan(s),Double Vanity |
---|---|
Sewer | Public Sewer |
Heating | Fireplace(s),Heat Pump |
Cooling | Ceiling Fan(s),Central Air |
Roof | Shingle |
Appliances | Electric Cooktop,Microwave,Water Heater |
HOA | 286.23 |
Association Fee Includes | Maintenance Grounds,Road Maintenance |
Architectural Style | Traditional |
Construction Materials | Brick,Vinyl Siding |
Year Built | 1969 |
Stories | 2 |
Levels | Two |
Rooms | {u'RoomType': u'Entrance Hall',u'RoomDescription': None,u'RoomLevel': u'Main',u'RoomKey': u'20240522154720684530000000',u'RoomWidth': 6,u'RoomFeatures': [],u'RoomLength': 8.6,u'RoomDimensions': u'8.6 |
Property SubType | Condominium |
Community Features | Pool |
Assoc Fee Paid Per | Monthly |
County | Wake |
New Construction | No |
Property Type | Residential |
HOA / Comm Assn | Yes |
Attached Garage | No |
Subdivision Name | North Ridge Condominiums |
Garage Y/N | No |
Total Rooms | 7 |
Status | Active |
Directions | From 440: Go north on Falls of Neuse Rd. Right on Spring Forest Rd. Left on New Market Way. Left at the last cul-de-sac. From 540: Go south on Falls of Neuse Rd. Left on Spring Forest Rd. Left on |
ModificationTimestamp | 2024-06-12T22:31:14.000Z |
High School | Wake - Millbrook |
City | Raleigh |
Buyer Agent Compensation | 2.40 |
View Y/N | No |
Senior Community Y/N | No |
Open Parking Spaces | 1 |
Waterfront Y/N | No |
Carport Y/N | No |
Elementary School | Wake - North Ridge |
Property Attached Y/N | Yes |
Tax Annual Amount | 1956.93 |
Middle/Junior High School | Wake - West Millbrook |
Ok to Lease | 12 Months |
Lease Considered Y/N | No |
Days on Market | 22 |
Building Area Units | Square Feet |
Living Area Units | Square Feet |
Standard Status | Active |
Buyer Agent Compensation Type | % |
Interior Features
Flooring | Laminate |
---|---|
Common Walls | 1 Common Wall,End Unit |
Air Conditioning Y/N | Yes |
Heating Y/N | Yes |
Fireplace Y/N | No |
Above Grade Finished Area | 1393 |
Full Baths | 2 |
Half Baths | 1 |
Laundry Features | Upper Level |
Total Bedrooms | 3 |
Below Grade Finished Area Unit Type | Square Feet |
Above Grade Finished Area Unit Type | Square Feet |
Total Baths | 3 |
Exterior Features
Parking Features | Open,Parking Lot |
---|---|
Water Source | Public |
Foundation Details | Slab |
Spa | No |
Building Area Total | 1393 |
Open Parking Y/N | Yes |
Horse Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Pets
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool