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Listing courtesy of Keller Williams Elite Realty

1321 Crab Orchard Drive, #203
Raleigh, NC 27606

Home for sale - Lakepark Condos

INVESTOR ALERT!!! Second floor 4 bedroom, 4 bathroom condo/apartment unit located near NCSU. Each bedroom suite features a private full bath and a walk-in closet in addition to the shared kitchen, laundry area, dining room, living room, and balcony. All vinyl floor and new HVAC in 2024. The Lake Park community amenities include a swimming pool, basketball court, and volleyball courts. Enjoy convenient access to the LakeJohnson Park, Avent Ferry Shopping Center, and the Go Raleigh bus line. Currently, 3 of the rooms are leased through June 30th 2025, 2 at $550 and one at $600 per month. The remaining one room is move-in ready and available for new tenant. Ongoing rates are approximately $650 per month for individual rooms or around $2600 per month for the entire unit. Don't miss this exceptional investment opportunity with excellent cash flow potential!

Open House:

  • Listing Price: $290,000

  • Square Feet: 1219

  • Bedrooms: 4

  • Bathrooms: 4 full, 0 half

  • Acres: 0.0

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Last updated 2025-05-09T05:19:05Z

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IDX CopyrightThe data relating to real estate for sale on this web site comes in part from the Internet Data ExchangeTM Program of the Triangle MLS, Inc. of Cary. Real estate listings held by brokerage firms other than eXp Realty are marked with the Internet Data Exchange TM logo or the Internet Data ExchangeTM thumbnail logo and detailed information about them includes the name of the listing firms. Copyright 2025 Triangle MLS, Inc. of North Carolina. All rights reserved. The listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information deemed reliable but not guaranteed.