#10087336, Mary Gibbs-Peed, Listing Office: Alliance Properties of the Car
1430 Collegiate Cir Unit 102 Raleigh, NC 27606
Property details
About 1430 Collegiate Cir Unit 102
Investor alert! Prime Investment Opportunity - 4 Bed/4 Bath Condo Near NCSU! This first-floor 4-bedroom, 4-bathroom condo offers an excellent opportunity for steady rental income. Currently, three bedrooms are leased through July 2025, with the fourth bedroom vacant and ready to be rented. Each bedroom features a private en-suite bath and walk-in closet, making it highly desirable for tenants. Three bedrooms leased at $600/month each (Potential total income of $2,400/month when fully occupied). Utilities included in rent: Water (capped at $50/unit) and electricity (capped at $100/unit). Water heater replaced in December 2021, HVAC installed in 2018. Walking distance to Lake Johnson Close to walking trails and North Carolina State University (NCSU) Convenient access to the NC State WolfLine bus route. Quick access to downtown Raleigh and I-40. Community Amenities include Pool Volleyball and basketball courts.
Highlights
Summary
- MLS Number: 10077089
- MLS Name: Doorify MLS
- Office Name: Berkshire Hathaway HomeService
- Office Phone: (919) 859-3300
- Office Email: player.murray@bhhsysu.com
- Listing Agent: Naama Shaked
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Last updated on: 4/5/2025, 6:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$285,000
1430 Collegiate Cir Unit 102
$3,384
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
6
Combs Magnet Elementary School
Public Magnet PK-5
0.9 mi
•2001 Lorimer Rd
3
Dillard Drive Elementary School
Public District PK-5
1.4 mi
•5018 Dillard Dr
4
Swift Creek Elementary School
Public District PK-5
2.2 mi
•5601 Tryon Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $43,313. The majority of Raleigh, NC residents have income between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.
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Frequently asked questions
About 1430 Collegiate Cir Unit 102
This home is located at 1430 Collegiate Cir Unit 102 in Raleigh, NC and zip code 27606 in the Inside the Beltline neighborhood. This 1,178 square foot home was built in 1999. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 17, 2025 and is currently priced at $285,000.
While more than 104 listings in Raleigh, NC in March 2025 were sold above asking price, there were more than 112 listings sold at asking price, and more than 266 were sold below. In March 2025 in Raleigh, NC there were 17.5% more homes for sale than in February. Listings spent 48 days on the market in March 2025, and had a median list price of $455,508 during the same period.