4700 Westgrove Street Unit #Apt 216, Raleigh, NC 27606

$230,000
1
BD
1
BA
588
SqFt

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Listing courtesy of Real Broker, LLC. jackson@boatwrighthomes.com

List Price
$230,000
MLS#
4403925
Status
ACTIVE
Days on Market
16
Property Type
Residential
Distressed Property
Yes
Year Built
2000
Bedrooms
1
Bathrooms
1
Full Baths
1
Living Area
588
Sq Ft Total
588
County
Wake
Subdivision
No Neighborhood
Special Conditions
Subject to Lease

Property Description

Tenant-occupied investment condo offered as part of a two-unit package sale. Unit 216 is a 1-bedroom, 1-bath condo with approximately 600 square feet and current rent of $990/month. Seller-provided expenses include HOA dues of $225/month and estimated taxes and insurance of $100/month, resulting in estimated net income of $665/month before debt service, vacancy, repairs, leasing costs, and property management. This unit is being sold together with Unit 1118 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, condition, and all investment assumptions.

Additional Information

Hoa Fee
$225
Hoa Fee Paid
Monthly
Equipment
Other
Foundation
None
Main Level Rooms
Primary Bedroom, Kitchen, Bathroom-Full, Den
Laundry Location
Other - See Remarks
Heating
Other - See Remarks
Water
Other - See Remarks
Sewer
Other - See Remarks
Exterior Construction
N/A
Parking
Other - See Remarks
Driveway
None, Other
Elementary School
Unspecified
Middle School
Unspecified
High School
Unspecified
Total Property HLA
588

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Calculator source: Real Geeks

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