Raleigh, NC 27606,1140 Carlton Avenue #201
Raleigh, NC 27606,1140 Carlton Avenue #201
Raleigh, NC 27606,1140 Carlton Avenue #201
Raleigh, NC 27606,1140 Carlton Avenue #201
Raleigh, NC 27606,1140 Carlton Avenue #201
Raleigh, NC 27606,1140 Carlton Avenue #201
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Listed by Keller Williams Elite Realty
$ 285,000
Est. payment | /mo

4 Beds

4 Baths

1,287 SqFt


Save
$ 285,000
Est. payment | /mo
Save

4 Beds

4 Baths

1,287 SqFt

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

Doorify MLS / Triangle MLS
agent
Jared Gunter

Agent | License ID: 319168

+1(919) 356-8221 | jaredgunter24@gmail.com

Learn More About LPT Realty

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1140 Carlton Avenue #201