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1120 Carlton Ave APT 301, Raleigh, NC, 27606

4beds
4baths
1,287sqft
$273,000
$212price/sqft
$1,857/moest. monthly cost
$74,280/yrincome needed

About This Home

Excellent investment property ideally located within close proximity to NC State University. This spacious third-floor unit features 4 bedrooms and 4 bathrooms, making it highly desirable for student housing or shared living. Remodeled in 2021, the unit offers modern upgrades including new appliances (dishwasher and refrigerator), fresh paint, and durable LVP flooring throughout. HOA initiated a re-roofing project, and it is in progress. Each bedroom includes its own private bathroom and walk-in closet, providing maximum privacy and convenience for residents. The property is already tenant-occupied through the end of July at $675 per room ($ 2,700/month), offering immediate rental income. Whether you're expanding your portfolio or looking for a turnkey rental, this property combines location, upgrades, and strong rental appeal.

Getting Around

49
WalkingCar-Dependent
43
TransitSome Transit
63
BikeBikeable

Schools

6/10
Olds ElementaryGrades PK-51.1 mi
6/10
Martin MiddleGrades 6-82.0 mi
8/10
Athens Drive HighGrades 9-121.6 mi

Construction

Condition

  • Year built: 1999

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: Condo
  • Architectural style: Traditional
  • Property subType: Condominium,Residential

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Electric Cooktop,Free-Standing Electric Range,Refrigerator,Washer,Washer/Dryer Stacked,Water Heater

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Window features: Blinds
  • Flooring: Vinyl,Plank
  • Finished area below ground: 0
  • Finished area above ground: 1,287

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,287
  • Total interior livable area: 1,287 sqft

Property

Accessibility

  • Accessibility features: Accessible Bedroom,Accessible Full Bath,Accessible Kitchen,Accessible Windows

Details

  • Parcel number: 0793 29 29
  • Special condition: Standard

Features

  • Levels: Three Or More
  • Stories: 3
  • Patio & porch: Covered,Deck
  • Spa features: None
  • Has view: Yes

Parking

  • Total spaces: 4
  • Parking features: Parking Lot,Paved
  • Has uncovered spaces: Yes
  • Uncovered spaces: 4