2020 University Woods Road Unit 203
Raleigh, NC 27603
- 4 beds
- 4 baths
- 1,322 sqft
- $211 per sqft
- 2000 build
- – on site
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Investor Alert! This is one of the best cash-flowing properties around—don't miss out! Serious inquiries only—viewings can be tricky, so make sure you're ready with cash or financing in place. Non-warrantable. With rental season for student housing right around the corner, now is the perfect time to jump on this opportunity! One tenant is already in place, with three additional rooms available to rent at $600/month each. Got a student starting college next year? This property offers a safe, convenient place for them to live while generating income every month. Check the documents for financials and projections. Recent updates include: Water heater 2024 and HVAC 2023. These sell quickly so jump fast!
Last checked:
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Last updated Apr 3, 2025
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MLS# 10078627 —
The Building
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Year Built:2000
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New Construction:false
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Construction Materials:Vinyl Siding
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Architectural Style:Transitional
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Structure Type:Other
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Roof:Asphalt
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Foundation Details:Slab
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Levels:One
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Basement:false
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Window Features:Double Pane Windows
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Building Area Total:1322
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Building Area Units:Square Feet
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Above Grade Finished Area:1322
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Above Grade Finished Area Units:Square Feet
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Below Grade Finished Area Units:Square Feet
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Unit Number:203
Interior
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Rooms Total:8
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Flooring:Carpet
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Laundry Features:Laundry Closet
Room Dimensions
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Living Area:1322
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Living Area Units:Square Feet
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Living Area Source:Other
Financial & Terms
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Lease Term:Negotiable
Location
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Directions:FRO 40 TAKE THE GORMAN STREET EXIT SOUTH. HEAD SOUTH ON GORMAN STREET TO TRYON ROAD. TURN LEFT. TURN LEFT ONTO TRAILWOOD - RIGHT ONTO CENTENNIAL WOODS - LEFT ONTO SOUTHERN WADES COURT - RIGHT ONTO UNIVERSITY WOODS RD.
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Latitude:35.749372
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Longitude:-78.694235
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Coordinates:-78.694235, 35.749372
The Property
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Property Type:Residential
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Property Subtype:Condominium
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Parcel Number:0792.05077812.031
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View:true
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Horse:false
Listing Agent
- Contact info:
- Agent phone:
- (919) 624-3692
- Office phone:
- (888) 584-9431
Taxes
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Tax Annual Amount:2377
Beds
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Bedrooms Total:4
Baths
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Total Baths:4
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Total Baths:4
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Total Baths:4
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Full Baths:4
The Listing
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Special Listing Conditions:Trust
Heating & Cooling
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Heating:Forced Air
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Heating:true
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Cooling:Central Air
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Cooling:true
Utilities
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Utilities:Cable Available
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Built-In Electric Range
Schools
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Elementary School:Wake - Swift Creek
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Middle Or Junior School:Wake - Dillard
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High School:Wake - Athens Dr
The Community
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Subdivision Name:University Woods
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Association Amenities:Maintenance Structure
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Association:true
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Association Fee:235
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Association Fee Includes:Maintenance Grounds
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Association Fee Frequency:Monthly
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Spa:false
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Pool Private:false
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Senior Community:false
Parking
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Garage:false
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Attached Garage:false
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Parking Features:Assigned
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Open Parking:true
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Open Parking Spaces:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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4/2/25
Apr 2, 2025
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Sold | DMLS | $280,000 | |
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2/28/25
Feb 28, 2025
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Pending | DMLS | $280,000 | |
|
2/26/25
Feb 26, 2025
|
Listed / Active | DMLS | $280,000 | 1.8% (1.2% / YR) |
