Description
Tenant-occupied investment condo offered as part of a two-unit package sale. Unit 1118 is a studio condo with approximately 350 square feet and current rent of $940/month. Seller-provided expenses include HOA dues of $165/month and estimated taxes and insurance of $100/month, resulting in estimated net income of $675/month before debt service, vacancy, repairs, leasing costs, and property management. This unit is being sold together with Unit 216 at 4700 Westgrove Tower and will not be sold separately. Cash-only sale. Property is being sold as-is, with no seller repairs. No showings will be permitted. Please do not disturb tenant. Buyer to verify all information, including square footage, lease terms, rental income, HOA dues, taxes, insurance, property condition, and all investment assumptions.
Address
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Address: 4700 Westgrove Street
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City: Raleigh
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State/county: NC
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Zip/Postal Code: 27606
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Area: NONE
Details
Updated on July 14, 2026 at 8:16 pm-
Property ID 4403954
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Price $230,000
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Bedroom 1
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Bathroom 1
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Year Built 2000
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Property Type Condominium, Residential
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Property Status Active, For Sale
Additional details
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Listing Terms Cash
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Association Fee 165
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Sewer Other - See Remarks
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Cooling Other - See Remarks
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Heating Other - See Remarks
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County Wake
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Property Type Residential
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Parking Other - See Remarks
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Elementary School Unspecified
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Middle School Unspecified
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High School Unspecified
Features
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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Property Tax
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Home Insurance
Contact Information
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