1321 Crab Orchard Drive
Raleigh, NC 27606INVESTOR ALERT!!! Second floor 4 bedroom, 4 bathroom condo/apartment unit located near NCSU. Each bedroom suite features a private full bath and a walk-in closet in addition to the shared kitchen, laundry area, dining room, living room, and balcony. All vinyl floor and new HVAC in 2024. The Lake Park community amenities include a swimming pool, basketball court, and volleyball courts. Enjoy convenient access to the LakeJohnson Park, Avent Ferry Shopping Center, and the Go Raleigh bus line. Currently, 3 of the rooms are leased through June 30th 2025, 2 at $550 and one at $600 per month. The remaining one room is move-in ready and available for new tenant. Ongoing rates are approximately $650 per month for individual rooms or around $2600 per month for the entire unit. Don't miss this exceptional investment opportunity with excellent cash flow potential!
$290,000
4 bedrooms
4 full
bathrooms
1,219 square feet
$238 per square foot
Additional Property Information
- TypeCondominium
- Built1999
- NeighborhoodLakepark Condos
- CountyWake
- AreaRaleigh
- Elementary SchoolWake County Schools
- Middle SchoolWake County Schools
- High SchoolWake County Schools
Listing courtesy of Keller Williams Elite Realty. © 2024 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.
Property location
Monthly payment calculator
Find your amount- Exterior Features
- Interior Features
- Property Features
- Common Walls 1 Common Wall
- Construction Materials Vinyl Siding
- Exterior Features Balcony, Basketball Court
- Fencing Other
- Parking Features Parking Lot
- Above Grade Finished Area 1,219
- Appliances Water Heater, Washer/Dryer
- Cooling Ceiling Fan(s), Central Air
- Cooling Y/N Yes
- Flooring Vinyl
- Heating Forced Air, Central
- Heating Y/N Yes
- Laundry Features In Unit
- Rooms Total 1
- Window Features Blinds
- Association Amenities Parking, Trash, Pool, Basketball Court
- Association Fee Frequency Monthly
- Association Fee Includes Pest Control, Trash
- Association Y/N Yes
- Community Features Street Lights, Pool
- Tax Annual Amount 2368
- Water Source Public
- Year Built 1999
Similar Properties
©2025 Triangle MLS, Inc. of North Carolina. All rights reserved. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Data last updated 2025-04-26T00:00:33.000Z.