1512 Arapahoe Ridge Drive, Raleigh NC 27604

$ 410,500
1512 Arapahoe Ridge Drive, Raleigh NC 27604, ,
  • Updated On:
  • June 9, 2024
  • 4 Bedrooms
  • 2 Bathrooms
  • 1,802 ft2

2 year ranch home in the popular 540 West community. One of the best turnkey investment properties you can find with stable income, currently occupied by a long-term, high quality tenant with lease ending 5/31/2025 and likely to renew for more years. Tenants already been here for 2 years, excellent payment history, rent is $2,149/mo. Open concept living at its best in Raleigh! 3 bedrooms, 2 full bathrooms. Fridge to convey. $297.00 quarterly HOA fee includes spectrum 400 Mbps High-Speed Internet and approx. 200 TV channels. Well maintained, hard to come by exceptional investment opportunity.

This property has been professionally managed. However, investor buyer can also choose to self-manage or hire any other property management company. Owner is selling for buying a commercial property. Other 3 properties seller also listed for sale are: 109 N Blacknall St, Durham, NC 27703; 3615 Ranbir Dr, Durham, NC 27713; 1614 Fayetteville St, Unit A, B, C, D, Durham, NC 27707. If anyone is doing 1031 exchange and interested in one or more properties from seller, please contact listing agent for more details.

Don’t miss out on this exceptional property! Residents of 540 West enjoy access to an array of amenities, including a common area with a pool, playground, dog park, cabana, and gathering area, fostering a strong sense of community. Experience the perfect blend of comfortable living and vibrant community life in this beautiful, well-maintained home.

Address: 1512 Arapahoe Ridge Drive, Raleigh NC 27604
Zip: 27604
Country: US
Open In Google Maps
Property Id : 654142
Price: $ 410,500
Property Size: 1,802 ft2
Property Lot Size: 0 ft2
Rooms: 6
Bedrooms: 4
Bathrooms: 2
BathroomsFull: 2
Listed By: Peter Cheng
BathroomsHalf: 0
List Office Name: Southern Properties Group Inc.
DOM: 10
ElementarySchool: Wake - Beaverdam
Flooring: Vinyl
FoundationDetails: Slab
Heating: Central,Heat Pump
HighSchool: Wake - Knightdale
LotSizeArea: 7405.2
LotSizeSquareFeet: 7405.2
Other Features
Electric Cooktop
Garage Attached
Has Cooling System
Has Garage
Has Heating System
Home Owners Association
Open Parking
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$ 2,104.71
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 1,591.59

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Lacee Harris