NC
Wake
Raleigh
27606
1140 Carlton Avenue 201
1140 Carlton Avenue 201, Raleigh, NC 27606
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Listing Type
Condo/Townhome
Listing Status
Off Market
0
$285,000

Home Details for 1140 Carlton Avenue 201

Price
$285,000
Type
Residential
Bedrooms
4
Bathrooms
4.0
Square feet
1287
Year built
1999
County
Wake
Total rooms
6
Garage
Days on site
245
MLS Listing#
10087509
Hoa
300
Property Description

Investor Special! Whether you're starting your rental portfolio, looking for passive income, or want a cost-effective housing option for a student at NC State, this is your opportunity. This second-floor, one-level 4-bedroom, 4-bathroom condo offers flexibility for both investors and owner-occupants. Live in one room, lease the other three, or rent out all four for maximum return. The unit is currently leased through July 23, 2026, with four individual residential lease agreements in place. It generates $1,975/month in rental income, with tenants responsible for their own internet. Water, parking, and trash included in HOA fee. Located within walking distance to NC State University, this property offers strong rental demand and long-term investment potential.

Property Features
  • Cooling Information
    • Central Air
    • Heat Pump
  • Heating Information
    • Forced Air
    • Heat Pump
  • Water Features
    • Public
School Information
School Information for 1140 Carlton Avenue 201, Raleigh, NC 27606
Elementary School
Wake County Schools
Middle School
Wake County Schools
High School
Wake County Schools
Listing Courtesy: Keller Williams Elite Realty - 984-244-5830
Triangle MLS logo Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Information Not Guaranteed. Copyright 2025 Triangle MLS, Inc. of North Carolina. All rights reserved.
Last Updated: 2025-10-03 22:51:23
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EXIT REALTY TRIANGLE
8601 Six Forks Road, Suite 400, Raleigh, NC 27615
Mikaela Rojas
License #: 315723
Franchisee
Office
919 706 7778
Agent
919 999 2568
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