1012 Palace Garden Way, Raleigh, NC 27603

Profitable Investment Opportunity: Active on the Market: Resideline estimates that this property can be rented on Airbnb for an average of $210 per day and long-term for an average of $2,215 per month, based on similar listings in the area. Estimated short-term cap rate of 2.3%. Estimated long-term cap rate of -1.5%. Welcome home to this spacious townhome that offers the charm of downtown living without the hassle of parking! Designed to provide the space of a single-family home with none of the maintenance, this townhome is ideal for anyone seeking convenience and comfort. The heart of the home is the kitchen, featuring a central island perfect for meal prep and entertaining, a cozy breakfast area, and a keeping space for informal gatherings. For special occasions, enjoy the formal dining room. The oversized laundry room provides plenty of storage space, ensuring organization is effortless. Upstairs, you'll find a versatile loft area that can be used as a home office, playroom, or additional living space. The owner's suite is a true retreat with a grand bedroom that includes an additional sitting area, ideal for relaxation or reading. Step outside onto your screened porch and soak up the sunshine or enjoy a morning coffee. The 2 car rear-entry garage enhances curb appeal and privacy, allowing space for a welcoming front porch with room for a swing—perfect for unwinding after a long day. Experience the perfect balance of downtown living with modern conveniences in this beautiful townhome.