Turnkey investment opportunity with immediate rental income! This well-maintained end-unit townhome is currently leased for $1,900 per month with a lease in place through March 2027, making it an ideal addition to an investment portfolio. The property has maintained a strong rental history with no gaps in tenancy, providing consistent income and long-term rental appeal. This light-filled home offers 3 bedrooms, 2.5 bathrooms, and an open-concept layout with engineered hardwood floors throughout the main living areas. Upstairs, you'll find generously sized bedrooms, abundant storage, a convenient laundry area, and a spacious primary suite with a large ensuite bath. Enjoy a private back patio and the added convenience of an attached two-car garage. Ideally located just minutes from downtown, shopping, dining, and major highways including I-440 and I-540, this property offers a desirable location with strong rental demand. Whether you're expanding your portfolio or purchasing your first investment property, this is an excellent opportunity to acquire a cash-flowing asset with an established tenant already in place. Lease details and additional investment information are available upon request.
| MLS # | 10178471 |
|---|---|
| Listing Type | For Lease |
| HOA Dues | $133 |
| Status | Active |
| Year | 2006 |
| Days On Site | 56 |
| Listing Provided By | Compass -- Raleigh | Arielle White |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 1,624 |
| Garage | 2 |
| Story(s) | 2 |
| Zoning | PD |
| Acreage | 0.05 |
| Interior Features | Bathtub/Shower Combination, Ceiling Fan(s), Entrance Foyer, Granite Counters, Pantry, Soaking Tub |
|---|---|
| Heating Yes / No | No |
| Cooling Yes / No | Yes |
| Cooling | Central Air |
| Fireplaces Total | 1 |
| Fireplace Yes / No | Yes |
| Laundry Features | Laundry Closet |
| Roof | Shingle |
|---|---|
| Foundation Details | Slab |
| Community Features | Playground, Pool |
| Construction Materials | Vinyl Siding |
| Window Features | Blinds |
| Attached Garage Yes / No | Yes |
|---|---|
| Garage Yes / No | Yes |
| Parking Features | Driveway, Garage |
| Association Amenities | Maintenance Grounds, Playground, Pool |
|---|---|
| Community Features | Playground, Pool |
| Sewer | Public Sewer |
|---|
| Tax Assessed Value | 288325 |
|---|---|
| Tax Legal Description | Lo488 Edgewater Townhomes Bm2004-02055 |
| Tax Year | 2025 |
| Tax Map Number | 488 |
| State | NC |
|---|---|
| County | Wake |
| City | Raleigh |
| Zip Code | 27610 |
| Area | Wake |
| Community Name | Edgewater |
| School District | Wake - Knightdale High |
| Elementary School | Wake - Beaverdam Elementary Scho |
| High School | Wake - Knightdale High |
| Listing VS Median (in Edgewater) | |
Price: $270,000 low | high Med: $263,950 sqft: 1,624 low | high Med: 1,803 $ / sqft: $166 low | high Med: $155 On site: 56 low | high Med: 97.5 | |
| State | NC |
|---|---|
| County | Wake |
| City | Raleigh |
| Zip Code | 27610 |
| Area | Wake |
| Community Name | Edgewater |
| School District | Wake - Knightdale High |
| Elementary School | Wake - Beaverdam Elementary Scho |
| High School | Wake - Knightdale High |
| Listing VS Median (in Edgewater) | |
Price: $270,000 low | high Med: $263,950 sqft: 1,624 low | high Med: 1,803 $ / sqft: $166 low | high Med: $155 On site: 56 low | high Med: 97.5 | |