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Sold for $280,000 on 04/02/25
  • $280,000

    2020 University Woods Rd APT 203, Raleigh, NC 27603

    4beds
    1,322sqft
    Condominium, Residential
    Built in 2000
    -- sqft lot
    $261,900 Zestimate®
    $212/sqft
    $1,230 Estimated rent

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    $1,230/mo

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    $1,230/mo

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    $1,849/mo

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    $1,849/mo

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    What's special

    Investor Alert! This is one of the best cash-flowing properties around—don't miss out! Serious inquiries only—viewings can be tricky, so make sure you're ready with cash or financing in place. Non-warrantable. With rental season for student housing right around the corner, now is the perfect time to jump on this opportunity! One tenant is already in place, with three additional rooms available to rent at $600/month each. Got a student starting college next year? This property offers a safe, convenient place for them to live while generating income every month. Check the documents for financials and projections. Recent updates include: Water heater 2024 and HVAC 2023. These sell quickly so jump fast!

    Zillow last checked: 7 hours ago

    Listing updated: April 02, 2025 at 05:05pm

    Listed by:

    Armand Lenchek 919-624-3692,

    EXP Realty LLC,

    Dolly Helbert 919-610-1705,

    EXP Realty LLC

    Bought with:

    Carmelina Rose Hall, 333536

    Real Broker, LLC - Carolina Collective Realty

    Source: Doorify MLS,MLS#: 10078627MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Forced Air
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Built-In Electric Range, Dishwasher, Refrigerator
    • Laundry: Laundry Closet
    Features
    • Flooring: Carpet, Vinyl
    • Windows: Double Pane Windows
    • Has basement: No
    Interior area
    • Total structure area: 1,322
    • Total interior livable area: 1,322 sqft
    • Finished area above ground: 1,322
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 4
    • Parking features: Assigned, Permit Required
    • Uncovered spaces: 4
    Features
    • Levels: One
    • Has view: Yes
    Details
    • Parcel number: 0792.05077812.031
    • Special conditions: Trust

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Transitional
    • Property subtype: Condominium, Residential
    Materials
    • Vinyl Siding
    • Foundation: Slab
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 2000

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Sewer Connected, Water Connected

    Community & neighborhood

    Location
    • Region: Raleigh
    • Subdivision: University Woods

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $235 monthly
    • Amenities included: Maintenance Structure, Management, Parking
    • Services included: Maintenance Grounds, Trash
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    Estimated market value
    $261,900