Buy a Multi-Family Property

West & North Raleigh Condo Rental Package

Print this Property

  • Photos
  • Map

$276,800.00

This listing is sold "AS IS"

Address

667 Pine Ridge Place
Raleigh, NC 27609

Overview

This first-floor, two-bedroom condo rental is in a scenic community off of Millbrook Road in North Raleigh. It sits above a wooded pond setting and is currently leased by a three-year tenant. It can be purchased as a package with three condos in West Raleigh.

Condos do not have to be purchased as a package. 

  • Great starter investment
  • Rent below market
  • Priced below several comps
  • Well-maintained
  • Quiet, attractive neighborhood
View tax records

Unit Information

UnitSizeTypeLeaseRentSale Price
1000-B SANDLIN 1,070 SF 3 BD/2 BA 6/30/09 $670.00 $69,000
1000-F SANDLIN 1,050 SF 3 BD/2 BA M/M $800.00 (Vacant 7/31) $72,900
1291-C SCHAUB 1,070 SF 3 BD/2 BA 12/31/08 $660.00 $69,000
667 PINE RIDGE 1,024 2 BD/ 1.5 BA 6/18/09 $595.00 $65,900
TOTAL $2,725 $276,800

Property Information

PIN
1716055861
Tax Value
$66,772
Taxes
$759.08
Lot Size
CONDO
Exterior
WOOD
Floors
CARPET/VINYL
HVAC
HEAT PUMP
Year Built
1972
Zoning
R-6
Foundation
CONDO
HOA Dues
APPRX. $130 EACH
Legal Description
CEDAR HILL CONDO PH1 BLD4 UN667
Appliances
RANGE, REFRIGERATOR, TRASH COMPACTOR, W/D HOOKUPS
Utilities
PAID BY TENANT