1120 Carlton Ave Unit 301, Raleigh, NC 27606

$265,000
4
BD
4
BA
1,287
SqFt

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Seller Representative Real Broker LLC

Buyer Representative

Sold Price
$265,000
List Price
$273,000
Closing Date
May 29, 2026
Status
CLOSED
MLS#
10155301
Bedrooms
4
Bathrooms
4
Full-baths
4
Living Area
1,287
Subdivision
University Oaks
Year Built
1999

Property Description

Excellent investment property ideally located within close proximity to NC State University. This spacious third-floor unit features 4 bedrooms and 4 bathrooms, making it highly desirable for student housing or shared living. Remodeled in 2021, the unit offers modern upgrades including new appliances (dishwasher and refrigerator), fresh paint, and durable LVP flooring throughout. HOA initiated a re-roofing project, and it is in progress. Each bedroom includes its own private bathroom and walk-in closet, providing maximum privacy and convenience for residents. The property is already tenant-occupied through the end of July at $675 per room ($ 2,700/month), offering immediate rental income. Whether you're expanding your portfolio or looking for a turnkey rental, this property combines location, upgrades, and strong rental appeal.

Additional Information

Hoa Fee Includes
Maintenance Grounds, Maintenance Structure, Road Maintenance
Style
Traditional
Foundation
Slab
Accessibility Features
Accessible Bedroom, Accessible Full Bath, Accessible Kitchen, Accessible Windows
Utilities
Cable Available, Electricity Available, Electricity Available, Sewer Connected, Water Available
Water
Public
Flooring
Vinyl, Plank
Roof
Shingle
Heating
Forced Air
Unit
301

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Calculator source: Real Geeks

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 .