Prime Raleigh Condo: Investment Asset or Low-Maintenance Lifestyle Discover an exceptional real estate opportunity at 5130 Flint Ridge, a beautifully maintained 2-bedroom, 2-bathroom condo that perfectly straddles the line between a lucrative portfolio addition and a delightful primary residence. Nestled in a prime Raleigh locale, this property offers a rare… Read More combination of urban convenience and tranquil community living. For the traditional homebuyer seeking an easy, low-maintenance lifestyle, this condo delivers comfort, convenience, and peace of mind in equal measure. The bright, open-concept floor plan creates an inviting atmosphere where daily living feels effortless. Major mechanical updates are already taken care of, highlighted by a brand-new water heater replaced just last year. The main living space opens directly onto a charming covered porch, offering a peaceful spot to unwind or savor your morning coffee. Retreat to the spacious primary suite complete with its own private bathroom, while the versatile second bedroom stands ready to adapt to your needs as a guest room, hobby space, or dedicated work-from-home office. Beyond your front door, resort-style HOA perks await, including a refreshing community pool, tennis courts, scenic pond views, and serene walking paths that provide a quiet escape from the daily grind. For the strategic investor, this property represents a high-demand asset in a historically strong rental market with immediate reduced capital expenditure risks. Having the water heater replaced last year means one less big-ticket maintenance item to worry about for years to come. The low-maintenance nature of condo living, combined with an inclusive HOA structure and exterior maintenance, significantly reduces your hands-on property management tasks and predictable overhead. The highly desirable dual-suite layout is an absolute magnet for premium tenants, whether they are young professionals, roommates, or downsizers. Location is everything for rental velocity, and this address places tenants just minutes from the premier shopping, dining, and employment hubs of North Hills and Crabtree, ensuring consistently low vacancy rates and strong rental yields from day one. Whether you are looking to secure a savvy stream of passive income or seeking a vibrant, maintenance-free place to call home, this versatile Raleigh condo is a winning proposition on all fronts. Read Less
Courtesy of Navigate Realty, Matt Steele, 919-873-3000.
Listing Snapshot
Days Online
20
Last Updated
Property Type
Condominium
Beds
2
Full Baths
2
Square Ft.
1,040
Year Built
1972
MLS Number
10169227
30 Days Snapshot Of 27609
$216k
+11%
(avg) sold price
2
+100%
homes sold
50
-51%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Appliances: "Dryer", "Electric Oven", "Electric Water Heater", "Refrigerator", "Washer"
Building
Building Area Total: 1040, Building Area Units: Square Feet, Construction Materials: "Wood Siding", Living Area Units: Square Feet, Living Area: 1040, Structure Type: "Other", Year Built: 1972
Cooling
Cooling: "Central Air", Cooling Included
Exterior Features
Patio And Porch Features: "Covered", "Porch"
Floors
Flooring: "Laminate"
Foundation
Foundation Details: "Other"
Heating
Heating: "Electric", "Forced Air", Heating Included
Home Owner's Association
Association Fee Frequency: Monthly, Association Available
Interior Features
Interior Features: "Eat-in Kitchen"
Laundry
Features: "Main Level"
Lot
Parcel Number: 171609055861165 0130375
Parking
Parking Features: Parking Lot, Open Parking
Property
Property Sub Type: Condominium, Zoning: R-6
Roof
Roof: "Shingle"
Sewer
Sewer: "Public Sewer"
Taxes
Tax Annual Amount: 1661.69
Utilities
Water Source: "Public"
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Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Listings last updated on , .
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