Bought with EXP Realty LLC
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6329 New Market Way Raleigh, NC 27615
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Key Details
Sold Price $250,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 1,393 sqft
Price per Sqft $179
Subdivision North Ridge Condominiums
MLS Listing ID 10030718
Sold Date 08/01/24
Bedrooms 3
Full Baths 2
Half Baths 1
HOA Fees $286/mo
HOA Y/N Yes
Abv Grd Liv Area 1,393
Originating Board Triangle MLS
Year Built 1969
Annual Tax Amount $1,956
Property Description
TENANT OCCUPIED & CAN ONLY BE SHOWN SATURDAYS AT 4PM - INCREDIBLE DEAL AT ONLY $250K! Calling all investors! Tremendous North Raleigh condo in popular Northridge Country Club location. The property is already leased for $1850 a month through May 31, 2025. This is a 7.4% annual return against the purchase price—tremendous margins! The current tenant is nearly moved out, and the newest tenant takes occupancy on June 1. The property can be shown up until that point. The home has been dramatically updated and shows extremely well with updated kitchens, baths, flooring, fixtures—you name it! The property is currently investor-owned and was purchased sight unseen, exempt from disclosures. Buyers are advised to do their own diligence prior to presenting offers.
Location
State NC
County Wake
Community Pool
Direction From 440: Go north on Falls of Neuse Rd. Right on Spring Forest Rd. Left on New Market Way. Left at the last cul-de-sac. From 540: Go south on Falls of Neuse Rd. Left on Spring Forest Rd. Left on New Market Way. Left at the last cul-de-sac.
Interior
Interior Features Bathtub/Shower Combination, Ceiling Fan(s), Double Vanity
Heating Fireplace(s), Heat Pump
Cooling Ceiling Fan(s), Central Air
Flooring Laminate
Appliance Electric Cooktop, Microwave, Water Heater
Laundry Upper Level
Exterior
Community Features Pool
Roof Type Shingle
Parking Type Open, Parking Lot
Garage No
Private Pool No
Building
Faces From 440: Go north on Falls of Neuse Rd. Right on Spring Forest Rd. Left on New Market Way. Left at the last cul-de-sac. From 540: Go south on Falls of Neuse Rd. Left on Spring Forest Rd. Left on New Market Way. Left at the last cul-de-sac.
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories 2
Structure Type Brick,Vinyl Siding
New Construction No
Schools
Elementary Schools Wake - North Ridge
Middle Schools Wake - West Millbrook
High Schools Wake - Millbrook
Others
HOA Fee Include Maintenance Grounds,Road Maintenance
Tax ID 1717.18228176.065
Special Listing Condition Standard
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