Built in 2001 as individual condos, Charleston Commons features fourteen, identical, three-bedroom and two-bathroom, single-story homes that have always operated and rented as apartments. The attractive floor plans are conveniently located in the growing suburb of Knightdale, about 20 minutes east of Downtown Raleigh, N.C. The investment offers the opportunity to capture income upside with operational and physical improvements. Buyers also have the potential opportunity to resale the units individually.
| Unit | Type | Size | Rent |
|---|---|---|---|
| 14 | 3 BD/2 BA | 1,074 SF | $1,400 |
| PIN | 1754202999 |
| Tax Value | $1,632,428 (PENDING 2024 REVALUATION) |
| Taxes | $18,528 (PENDING 2024 REVALUATION) |
| Lot Size | 1.62 ACRES |
| Year Built | 2001 |
| Exterior | VINYL |
| Floors | LVT, CARPET, VINYL |
| Foundation | CRAWL |
| HVAC | CENTRAL A/C, HEAT PUMP |
| Utilities | PAID BY TENANTS |
| Legal Description | CHARLESTON COMMONS CONDOMINIUMS |
| Appliances | RANGE, REFRIGERATOR, DISHWASHER, WASHER/DRYER CONNECTIONS |
| Zoning | GR8 |
Agent Information Thomas T Furlow