400 W North St, Raleigh, NC 27603

Investment Opportunity: Active on the Market: Resideline estimates that this property can be rented on Airbnb for an average of $120 per day and long-term for an average of $1,824 per month, based on similar listings in the area. Estimated short-term cap rate of -1.2%. Estimated long-term cap rate of -3.0%. An unbeatable downtown location paired with a finely appointed, spacious floor plan combine to create the ultimate condo experience! This oversized one-bedroom offers the perfect layout. Gorgeous wood flooring and ample natural light frame the spacious but intimate open-concept living/dining/kitchen areas. Entertain with ease as you flow from space to space while large frameless windows provide a perfect view of downtown Raleigh! Retire to the private bedroom-oversized windows provide even more natural light and downtown views. Walk-in closet features custom wood built-in cabinetry! Walk-in tile shower, granite countertops, and high-end wood cabinetry complete the bathroom. 400 West offers a secure, amenity-rich, low-maintenance lifestyle: a rooftop pool and grilling zone, fitness center, clubroom, and gated parking. Unit includes one deeded parking spot and secure storage locker! HOA fee covers management expenses, water/sewer bill, exterior maintenance, and common space maintenance/cleaning. Central Glenwood South/Smoky Hollow location puts you just steps from the area's best restaurants, shops, and entertainment.