3 Beds
3 Baths
2,003 SqFt
3 Beds
3 Baths
2,003 SqFt
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 2,003 sqft
Price per Sqft $299
Subdivision Lockwood
MLS Listing ID 10157612
Style Contemporary,Modern
Bedrooms 3
Full Baths 2
Half Baths 1
HOA Fees $300/mo
HOA Y/N Yes
Year Built 2025
Annual Tax Amount $1,784
Lot Size 2,003 Sqft
Acres 0.24
Property Sub-Type Condominium
Source Doorify MLS
Land Area 2003
Property Description
Fully leased and income-producing from day one, this brand-new townhome-style condo in Raleigh, North Carolina presents a rare opportunity for investors seeking stable rental income and long-term appreciation in one of the Triangle's fastest-growing markets.
Strategically located just minutes from Downtown Raleigh, major commuter routes, shopping, and dining, this modern 3-bedroom, 2.5-bath asset is positioned to attract and retain high-quality tenants. The open-concept layout, dedicated pocket office, and seamless indoor-outdoor living--highlighted by a 12' quad slider to a covered patio--align with today's tenant demand for flexible, lifestyle-driven spaces.
The kitchen is designed to elevate rental desirability, featuring quartz countertops, a center island, stainless steel Café appliances, and custom cabinetry. Upstairs, the spacious primary suite offers a spa-style bathroom, dual vanities, frameless glass walk-in shower, and two walk-in closets, while two additional bedrooms provide versatility for roommates, guests, or work-from-home setups.
Built with durability and efficiency in mind, the property includes white oak hardwood floors, 8' solid core doors, Pella windows, tankless water heater, spray foam insulation, sealed crawl space, and a whole-home dehumidifier--minimizing maintenance and optimizing operating costs.
Additional investor-friendly features include an attached garage with EV charging capability, private partially fenced yard, and low-maintenance construction, making this an ideal addition to any rental portfolio, 1031 exchange, or long-term hold strategy.
A true plug-and-play asset in a high-demand rental corridor--generate income from day one while benefiting from Raleigh's continued growth and appreciation.
Location
State NC
County Wake
Community Lockwood
Area 0.24
Zoning R10
Interior
Interior Features Ceiling Fan(s), Kitchen Island, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting, Walk-In Closet(s)
Cooling Ceiling Fan(s), Central Air, Electric, Heat Pump
Flooring Hardwood, Tile
Fireplace No
Appliance Oven, Dryer, Washer, Disposal, Microwave, Dishwasher, Humidifier
Laundry In Unit, Upper Level
Exterior
Parking Features Garage, Garage Faces Front, On Street
Garage Spaces 2.0
Roof Type Shingle
Total Parking Spaces 2
Garage Yes
Building
Lot Description Back Yard, City Lot
Story Two
Foundation Block
Water Public
Architectural Style Contemporary, Modern
New Construction No
Schools
Elementary Schools Wake County Schools
Middle Schools Wake County Schools
High Schools Wake County Schools
Others
Senior Community No
Tax ID 1714820579
Acceptable Financing Cash, Conventional, FHA, VA Loan, Lease Option
Listing Terms Cash, Conventional, FHA, VA Loan, Lease Option
Virtual Tour https://www.zillow.com/view-imx/87050518-a32a-4b18-b9be-63673345814a?initialViewType=pano
SCHOOLS & PROPERTIES NEARBY
Contact US TO GET STARTED
