1140 Carlton Avenue, Unit 102

Raleigh, NC 27606

$273,000
Last Sold Price
4
Beds
4
Baths
1,287 Sq. Ft.
$212 / Sq. Ft.
1,287
Sq. Ft.
$212
per Sq. Ft.

Description

Investor special or parent special! Interested in owning your own condo or creating a rental portfolio? Ever dreamed of wanting a passive income? Have a child headed to NC State but don't want to pay ridiculous rental prices? This is your chance! 4 bedroom, 4 bathroom located on the first floor providing numerous opportunities for investors or those looking to have one room to themselves and rent the other three. Unit has four residential lease agreements in effect providing net income opportunities...Investor special or parent special! Interested in owning your own condo or creating a rental portfolio? Ever dreamed of wanting a passive income? Have a child headed to NC State but don't want to pay ridiculous rental prices? This is your chance! 4 bedroom, 4 bathroom located on the first floor providing numerous opportunities for investors or those looking to have one room to themselves and rent the other three. Unit has four residential lease agreements in effect providing net income opportunities until July 25th, 2024. Total Rental Income is $1,600/month right now while lease is still in effect. Tenants are covering their own utilities. Walking distance to NC State. This property has the opportunity to include another unit. Please refer to MLS Listing Number 10018149 for more information.
  1. Listed by Warren Chatman • Winland Group, LLC

Property Details for 1140 Carlton Avenue, Unit 102

Waterfront
No
Subdivision
University Oaks

Location

Add your commute
LISTING UPDATED: 04/18/2024 10:20 PM

Property Details for 1140 Carlton Avenue, Unit 102

StatusClosed
MLS #10018150
Days on Market12
Taxes$1,912 / year
HOA Fees$300 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built1999
CountyWake County

Location

Add your commute

Building Information for 1140 Carlton Avenue, Unit 102

Building/Complex1140 Carlton AveFloor1Stories1Residences-Pet Policy-Year Built1999

Payment Calculator

$1,949 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,490

Property Taxes

$159

HOA Dues

$300

The Payment Calculator is for illustrative purposes only.

Property Information for 1140 Carlton Avenue, Unit 102

Summary
Location and General Information
  • Zoning: RX-3
  • Directions: From I 440E /US 1 N take exit 2A for Western Blvd towards NCSU. Continue on Western Blvd and turn R onto Clanton Street. Then turn L onto Sherman Avenue. Turn R onto Carlton Avenue. Complex will be located on right.
  • Subdivision Name: University Oaks
  • Latitude: 35.782052
  • Longitude: -78.68868
  • Road Surface Type: Asphalt, Paved
Taxes and HOA Information
  • Association Fee Includes: Maintenance Grounds, Road Maintenance, Trash, Water
  • Association: Yes
  • Total HOA Dues: $300.00
  • HOA 1 Fees Required: Yes
  • Tax Annual Amount: $1,911.60
  • City Limits Of: Raleigh
  • City Limits YN: Yes
  • Lot Number: 0793 05
  • Restrictive Covenants YN: No
Contract Information
  • Comp Sale YN: No
  • Lease Expiration Date: 2024-07-25
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: Yes
  • Years Owned: 1 or More Year(s)
  • Due Diligence Expiration Date: 2024-04-11
School Information
  • Elementary School: Wake - Carpenter
  • Middle Or Junior School: Wake - Alston Ridge
Parking
  • Open Parking: Yes
  • Parking Features: Additional Parking, Common, Off Street, On Site, Outside, Parking Lot, Paved, Permit Required
  • Carport: No
  • Attached Garage: No
  • Garage: No
Property
Lot Information
  • Building Area Total: 1287.0
  • Lot Features: Paved
  • Total Other Area Sq Ft: 0
  • Parcel Number: 0256275
  • Structure Type: Multi Family
  • Enhanced Accessible: No
  • Primary Residence YN: No
  • Sold PriceList Price: 0.94
Property and Assessments
  • New Construction: No
  • Photos Count: 13
  • Property Attached: Yes
  • Above Grade Finished Area Source: Public Records
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Units: Square Feet
  • Common Walls: 2+ Common Walls, End Unit
  • Community Features: Street Lights
  • Senior Community: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer, Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: Accessible Bedroom, Accessible Common Area, Accessible Doors, Accessible Entrance, Accessible Full Bath, Common Area
  • Construction Materials: Vinyl Siding
  • Exterior Features: Storage
  • Patio And Porch Features: Covered, Porch, Rear Porch
  • Pool Features: None
  • Pool Private: No
  • Roof: Shingle
  • Security Features: Fire Alarm, Fire Sprinkler System, Smoke Detector(s)
  • New Construction Type: Vinyl Siding, Multi Family
Interior Features
  • Levels: One
  • Stories: 1
  • Fireplace Y N: No
  • Flooring: Carpet, Vinyl
  • Windows Treatment: Blinds
  • Cooling: Central Air
  • Cooling?: Yes
  • Heating: Forced Air, Heat Pump
  • Heating?: Yes
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Electric Oven, Electric Water Heater, Exhaust Fan, Freezer, Ice Maker, Refrigerator, Washer/Dryer Stacked, Water Heater
  • Laundry Features: In Unit
  • Interior Features: Apartment/Suite, Bathtub/Shower Combination, Ceiling Fan(s), Laminate Counters
  • Spa: No
  • Equipment Appliances: Cooktop, Dishwasher, Disposal, Dryer, Electric Oven, Electric Water Heater, Exhaust Fan, Freezer, Ice Maker, Refrigerator, Washer/Dryer Stacked, Water Heater
  • Interior: Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Additional Parking, Common, Off Street, On Site, Outside, Parking Lot, Paved, Permit Required, Vinyl Siding, In Unit, Fire Alarm, Fire Sprinkler System, Smoke Detector(s)
  • Equipment: Cooktop, Dishwasher, Disposal, Dryer, Electric Oven, Electric Water Heater, Exhaust Fan, Freezer, Ice Maker, Refrigerator, Washer/Dryer Stacked, Water Heater, In Unit, Additional Parking, Common, Off Street, On Site, Outside, Parking Lot, Paved, Permit Required
Room Information
Room Information
  • Rooms Total: 0.0
Agent
Sale and Listing
  • Property Class Name: CrossProperty
Rental
Rental Information
  • Lease Term: 24 Months

Property History for 1140 Carlton Avenue, Unit 102

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1140 Carlton Avenue, Unit 102

Taxable ValueLand-Additions$173,548Total-
Tax Record2023$1,912 ($159 / month)
Home Facts
Beds0Baths3.5Total Finished SqFt1,287 SqFtAbove Grade Finished SqFt1,287 SqFtStories1StyleCondominiumYear Built1999ZoningRX-3CountyWAKEAPN0793.05-29-2951 0256275

Schools near 1140 Carlton Avenue, Unit 102

This home is within Wake County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Carpenter Elementary
PublicPK to 5

Alston Ridge Middle
Public6 to 8

Athens Drive High
Public9 to 12

North Wake College And Career Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Winland Group, LLC

Listings marked with an icon are provided in part courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Listings are also provided in part by the IDX program of Longleaf Pine REALTORS and Alamance MLS. Copyright 2024 Triangle MLS, Inc. of North Carolina. Copyright 2024 Longleaf Pine REALTORS. Copyright 2024 Alamance MLS. All rights reserved. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s). Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA competitive or home valuation of any property.