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Profitable Investment Opportunity: Active on the Market: Resideline estimates that this property can be rented on Airbnb for an average of $147 per day and long-term for an average of $2,005 per month, based on similar listings in the area. Estimated short-term cap rate of 1.2%. Estimated long-term cap rate of -1.7%. Discover this stunning 2 bedroom, 1.5 bath condo perfectly situated near NC State University, Glenwood South, and Oberlin Village. Offering an unbeatable combination of style, comfort, and convenience, this open-concept gem is designed for modern living. Step inside to find gleaming hardwood floors, a wood burning fireplace, granite countertops, and a sleek induction stovetop. The layout is ideal for both cooking and entertaining! The spacious master suite features a luxurious walk-in closet offering ample storage and a retreat-like feel. Residents enjoy private access to a pool, an inviting escape during warm Raleigh summers. With its incredible location, including a stop light access across Wade Ave, and thoughtfully designed features, this condo is a must-see for anyone seeking the perfect blend of convenience and style.
Airbnb Avg Daily | See Full Details |
Occupancy Rate | See Full Details |
Monthly HOA | $285 |
Rental Policy | daily |
Yearly Taxes | $3070 |
Bedrooms | 2 |
Bathrooms | 2 |
SQFT | 959 |
Furnished | N/A |
Year built | 1985 |
Listing Status | Active |
MLS | 10065709 |
