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.
| MLS # | 4403954 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| HOA Dues | $165 |
| Sub-Type | Resale |
| Status | Active |
| Year | 2000 |
| Days On Site | 45 |
| Listing Provided By | Real Broker, LLC | Jackson Boatwright |
| Bed(s) | 1 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 350 |
| Story(s) | 1 |
| Cooling | Other - See Remarks |
|---|---|
| Heating | Other - See Remarks |
| Appliances | Other |
| Construction Materials | N/A |
|---|---|
| Foundation Details | None |
| Garage Yes / No | No |
|---|---|
| Parking Features | Other - See Remarks |
| List Aor | Raleigh Regional Association of Realtors |
|---|
| Property | 75652 |
|---|
| State | NC |
|---|---|
| County | Wake |
| City | Raleigh |
| Zip Code | 27606 |
| Area | Wake |
| School District | Unspecified |
| Elementary School | Unspecified |
| High School | Unspecified |
| Listing VS Median (in 27606) | |
Price: $230,000 low | high Med: $230,000 sqft: 350 low | high Med: 469 $ / sqft: $657 low | high Med: $524 On site: 45 low | high Med: 45 | |
| State | NC |
|---|---|
| County | Wake |
| City | Raleigh |
| Zip Code | 27606 |
| Area | Wake |
| School District | Unspecified |
| Elementary School | Unspecified |
| High School | Unspecified |
| Listing VS Median (in 27606) | |
Price: $230,000 low | high Med: $230,000 sqft: 350 low | high Med: 469 $ / sqft: $657 low | high Med: $524 On site: 45 low | high Med: 45 | |