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Raleigh, NC 27603Ideal Investment Opportunity Near NC State, Perfect for Student Housing! Whether you're a seasoned investor or a parent looking for smart housing options for your college student, this 4-bedroom, 4-bath condo checks all the boxes. Located just 11 minutes from NC State and 12 minutes from Downtown Raleigh, this PRIME location offers unbeatable convenience and year-round rental demand. Each of the four spacious bedrooms is positioned in a separate corner of the unit with its own private full bath - offering maximum privacy and minimal noise, ideal for students or young professionals sharing space. The common areas include a full kitchen, comfortable living room, bright sunroom, and in-unit laundry with full-size washer and dryer. This ''shared living'' setup is popular and consistently rented, making it a solid option for long-term stable income or housing your own student while renting out the other rooms to cover costs. Affordable, low-maintenance, and always in demand—this is one of the smartest ways to invest near the NC State campus. Total Operating Income was $2,070 monthly, less operating expenses $681.25 = Net Monthly Income of $1,388.75. Schedule your private showing today!
Additional Property Information
- TypeCondominium
- Built2002
- NeighborhoodUniversity Woods
- CountyWake
- AreaRaleigh
- Elementary SchoolWake - Swift Creek
- Middle SchoolWake - Dillard
- High SchoolWake - Athens Dr

Listing courtesy of Town & Country Realty, Inc.. © 2024 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.
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Find your amount- Exterior Features
- Interior Features
- Property Features
- Construction Materials Vinyl Siding
- Parking Features Permit Required, Open, On Street, Common, Parking Lot
- Pool Features None
- Structure Type Site Built, Multi Family
- Above Grade Finished Area 1,391
- Appliances Range, Refrigerator, Water Heater, Washer, Electric Range, Dishwasher, Dryer, Oven
- Cooling Ceiling Fan(s), Central Air
- Cooling Y/N Yes
- Flooring Ceramic Tile, Carpet
- Heating Forced Air
- Heating Y/N Yes
- Interior Features Ceiling Fan(s), Bathtub/Shower Combination, Laminate Counters, Breakfast Bar, Open Floorplan
- Laundry Features In Unit
- Rooms Total 6
- Window Features Blinds
- Association Amenities None
- Association Fee Frequency Monthly
- Association Fee Includes Maintenance Grounds, Trash
- Association Y/N Yes
- Tax Annual Amount 2434
- Water Source Public
- Year Built 2002