4 Beds
4 Baths
1,071 SqFt
4 Beds
4 Baths
1,071 SqFt
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Coming soon
Purchase Type For Sale
Square Footage 1,071 sqft
Price per Sqft $270
Subdivision University Commons Lake Pk
MLS Listing ID 10141240
Style Other
Bedrooms 4
Full Baths 4
HOA Y/N Yes
Abv Grd Liv Area 1,071
Year Built 1997
Annual Tax Amount $2,377
Property Sub-Type Apartment
Source Triangle MLS
Property Description
Great opportunity to acquire a low-maintenance, income-producing condo at 1420 Collegiate Circle, Unit 102, ideally located just minutes from NC State University. This ground-level unit sits in a proven rental market with consistent demand from students, faculty, and young professionals.
The functional floor plan and easy first-floor access make this unit attractive to renters and simple to manage. Close proximity to I-40, I-440, Downtown Raleigh, shopping, dining, PNC Arena, and State Fairgrounds further strengthens long-term rental appeal.
Condo living offers predictable expenses and minimal exterior maintenance, making this property well-suited for buy-and-hold investors, portfolio additions, or first-time investors seeking reliable occupancy.
Strong location. Immediate rental potential. Priced to move.
Location
State NC
County Wake
Direction Take I-40 to Exit 295 (Gorman Street) — this is the exit for Gorman Street toward Raleigh/State Fairgrounds. Head north on Gorman Street after exiting the freeway. Turn left onto Avent Ferry Road. Continue on Avent Ferry, then turn left onto Crab Orchard Drive. Follow Crab Orchard Drive into the Lake Park/University Commons Turn left on Collegiate
Rooms
Other Rooms • Primary Bedroom (Main)
• Bedroom 2 (Main)
• Bedroom 3 (Main)
Primary Bedroom Level Main
Interior
Heating Electric
Cooling Central Air
Flooring Vinyl
Exterior
Utilities Available Cable Available
View Y/N Yes
Roof Type Tile
Garage No
Private Pool No
Building
Faces Take I-40 to Exit 295 (Gorman Street) — this is the exit for Gorman Street toward Raleigh/State Fairgrounds. Head north on Gorman Street after exiting the freeway. Turn left onto Avent Ferry Road. Continue on Avent Ferry, then turn left onto Crab Orchard Drive. Follow Crab Orchard Drive into the Lake Park/University Commons Turn left on Collegiate
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Traditional
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 Unknown
Senior Community No
Tax ID 0783826312
Special Listing Condition Standard
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