1140 Carlton Avenue #201 Pending Save Request In-Person Tour Request Virtual Tour
Raleigh,NC 27606
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Pending
Purchase Type For Sale
Square Footage 1,287 sqft
Price per Sqft $221
Subdivision University Oaks
MLS Listing ID 10087509
Bedrooms 4
Full Baths 4
HOA Fees $300/mo
HOA Y/N Yes
Abv Grd Liv Area 1,287
Year Built 1999
Annual Tax Amount $2,226
Property Sub-Type Condominium
Source Triangle MLS
Property Description
Investor Special! Whether you're starting your rental portfolio, looking for passive income, or want a cost-effective housing option for a student at NC State, this is your opportunity. This second-floor, one-level 4-bedroom, 4-bathroom condo offers flexibility for both investors and owner-occupants. Live in one room, lease the other three, or rent out all four for maximum return. The unit is currently leased through July 23, 2026, with four individual residential lease agreements in place. It generates $1,975/month in rental income, with tenants responsible for their own internet. Water, parking, and trash included in HOA fee. Located within walking distance to NC State University, this property offers strong rental demand and long-term investment potential.
Location
State NC
County Wake
Direction From I 440E /US 1 N take exit 2A for Western Blvd towards NCSU. Continue on Western Blvd and turn R onto Clanton Street.Then turn L onto Sherman Avenue. Turn R onto Carlton Avenue. Complex will be located on right.
Rooms
Bedroom Description Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Family Room, Kitchen, Laundry
Interior
Heating Forced Air,Heat Pump
Cooling Central Air,Heat Pump
Flooring Carpet,Vinyl
Fireplace No
Exterior
View Y/N Yes
Roof Type Shingle
Garage No
Private Pool No
Building
Faces From I 440E /US 1 N take exit 2A for Western Blvd towards NCSU. Continue on Western Blvd and turn R onto Clanton Street.Then turn L onto Sherman Avenue. Turn R onto Carlton Avenue. Complex will be located on right.
Story 1
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories 1
Structure Type Vinyl Siding
New Construction No
Schools
Elementary Schools Wake County Schools
Middle Schools Wake County Schools
High Schools Wake County Schools
Others
HOA Fee Include Electricity,Maintenance Grounds,Road Maintenance,Trash,Water
Tax ID 0793.05292951 0045445
Special Listing Condition Standard