Buy a Multi-Family Property

West & North Raleigh Condo Rental Package

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$263,900.00

This listing is sold "AS IS"

Address

1291-C Schaub Drive
Raleigh, NC 27606

Overview

1291-C Schaub Drive, 1000-B & 1000-F Sandlin Place

These three condos are located in the Driftwood Manor development off of Western Blvd, very close to the I-440 Beltline and NC State University. They can be packaged together with a fourth condo in North Raleigh in Cedar Hills. Individually, they would make good first-time investments. As a package, they offer a popular rental neighborhood and the opportunity to create value.

Condos can be purchased individually.

  • Great location off of Western Blvd.
  • Quiet, wooded community
  • Many amenities in community

Schaub tax records

Sandlin tax records


Unit Information

UnitSizeTypeLeaseRentSale Price
1000-B SANDLIN 1,070 SF 3 BD/2 BA 6/30/09 $670 $65,000
1000-F SANDLIN 1,050 SF 3 BD/2 BA VACANT $800/MKT $68,000
1291-C SCHAUB 1,070 SF 3 BD/2 BA 12/31/08 $660 $65,000
667 PINE RIDGE 1,024 SF 2 BD/1.5 BA 6/18/09 $595 $65,900
TOTAL $2,725 $263,900

Property Information

PIN
0783792872
Tax Value
Schaub: $71,561; 1000-B: $71,561; 1000-F: $75,051
Taxes
Schaub: $829.17; 1000-B: $829.17; 1000-F: $870.01
Lot Size
CONDO
Year Built
1972
Exterior
BRICK; WOOD
Floors
CARPET, VINYL
Foundation
CONDO
HVAC
HEAT PUMP
Owner Financing
NO
Utilities
PAID BY TENANTS
Appliances
RANGE, REFRIGERATOR, DISHWASHER
Legal Description
DRIFTWOOD MANOR CONDOMINIUM, UN1291C, UN1000B, UN1000F
Zoning
R-6
HOA dues:
APPRX. $130.00 EACH