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+19192003657
lpt Realty, Inc.
616 Rocky Knob Ct, Raleigh, NC 27601
- $1,599,000
- 12
- BD
- 12
- BA
- 6,900
- SqFt
Seller Representative Compass -- Raleigh
- List Price
- $1,599,000
- Status
- ACTIVE
- MLS#
- 10197555
- Bedrooms
- 12
- Bathrooms
- 12
- Full-baths
- 12
- Living Area
- 6,900
- Subdivision
- City Hike Townhomes
- Year Built
- 2025
Property Description
The final three available townhomes at City Hike are offered together as a turnkey investment portfolio near Downtown Raleigh. Two homes are currently leased at $3,195 and $3,095 per month, providing combined in-place rental income of $6,290 per month and $75,480 annually, while the the third and final unit is being leased up now by KeyRenter property management. Each completed townhome features approximately 2,300 square feet with four bedrooms and four full baths, an open-concept layout, spacious chef's kitchen, private garage and complete bedroom suites across multiple levels. Approximately 400-square-foot rooftop terraces provide generous outdoor living space and Downtown Raleigh skyline views. The homes offer contemporary architecture, thoughtfully selected designer finishes and solar-ready construction, with the ability to support optional solar and energy-monitoring features. City Hike provides convenient access to Downtown Raleigh's employment, dining, entertainment and cultural destinations, along with nearby parks and major commuter routes. This is a rare opportunity to acquire the final three residences in a completed 12-home community, combining immediate rental income with additional upside in a growing urban Raleigh location.
Additional Information
- Hoa Fee Includes
- Insurance, Maintenance Structure, Sewer, Trash
- Foundation
- Slab
- Interior Features
- Ceiling Fans, Double Vanity, Eat-In Kitchen, High Ceilings, Kitchen Island, Open Floor Plan, Pantry, Primary Downstairs, Recessed Lighting, Storage, Walk-In Closet(s), Dining Combo, Dining Combo, Separate Shower, Bathtub/Shower Combination
- Exterior Features
- Balcony, Lighting, Private Entrance
- New Construction
- Yes
- Garage Spaces
- 3
- Water
- Public
- Flooring
- Carpet, Tile, Wood
- Roof
- Shingle
- Heating
- Forced Air
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Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .