$230,000
 $1,235 est/mo Sourced by Back At You

4700 Westgrove Street 1118,Raleigh, NC 27606

Raleigh, NC 27606

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Description

Tenant-occupied investment condo offered as part of a two-unit package sale. Unit 1118 is a studio condo with approximately 350 square feet and current rent of $940/month. Seller-provided expenses include HOA dues of $165/month and estimated taxes and insurance of $100/month, resulting in estimated net income of $675/month before debt service, vacancy, repairs, leasing costs, and property management. This unit is being sold together with Unit 216 at 4700 Westgrove Tower and will not be sold separately. Cash-only sale. Property is being sold as-is, with no seller repairs. No showings will be permitted. Please do not disturb tenant. Buyer to verify all information, including square footage, lease terms, rental income, HOA dues, taxes, insurance, property condition, and all investment assumptions.

Details

MLS #4403954
Listing TypeFor Sale
StyleCondominium
HOA Dues$165
Sub-TypeResale
StatusActive
Year2000
Days On Site45
Listing Provided ByReal Broker, LLC | Jackson Boatwright

Features

Bed(s)1
Bath(s) 1 Total
SQ Feet350
Story(s)1

Interior

CoolingOther - See Remarks
HeatingOther - See Remarks
AppliancesOther

Exterior

Construction MaterialsN/A
Foundation DetailsNone

Parking

Garage Yes / NoNo
Parking FeaturesOther - See Remarks

Other

List AorRaleigh Regional Association of Realtors

Taxes

Property75652

Area Information

StateNC
CountyWake
CityRaleigh
Zip Code27606
AreaWake
School DistrictUnspecified
Elementary SchoolUnspecified
High SchoolUnspecified
Listing VS Median (in 27606)
Price:
$230,000
low | high
Med:
$230,000
50% of Average
sqft:
350
low | high
Med:
469
16% of Average
$ / sqft:
$657
low | high
Med:
$524
70.238095238095% of Average
On site:
45
low | high
Med:
45
100% of Average
Sourced by Back At You

Market Activity 27606

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 Listings courtesy of Canopy MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of August 28, 2026 at 9:06:29 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateNC
CountyWake
CityRaleigh
Zip Code27606
AreaWake
School DistrictUnspecified
Elementary SchoolUnspecified
High SchoolUnspecified
Listing VS Median (in 27606)
Price:
$230,000
low | high
Med:
$230,000
50% of Average
sqft:
350
low | high
Med:
469
16% of Average
$ / sqft:
$657
low | high
Med:
$524
70.238095238095% of Average
On site:
45
low | high
Med:
45
100% of Average
Sourced by Back At You
Listing Updated: July 15, 2026 at 4:09:02 AM PDT
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