616 Rocky Knob Court, Raleigh, NC 27601

$1,100,000.00
  • 616 Rocky Knob Court, Raleigh, NC 27601 Main Photo

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Active
BEDS8 BATHS8 full SQUARE FEET4,600 MLS#10197555
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONCity Hike Townhomes SCHOOLWake

Listing Courtesy of: Compass -- Raleigh
Agency Phone: 919-726-6548
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Property Description

The final two available townhomes at City Hike are offered together as a turnkey investment portfolio near Downtown Raleigh. The 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. 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.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Days on Market: 26
Garage: 2 car attached
Heating: Forced Air
Roof Type: Shingle
Year Built: 2025

Amenities

Built-in Features
Ceiling Fan(s)
Double Vanity
Eat-in Kitchen
High Ceilings
Kitchen Island
Open Floorplan
Pantry
Primary Downstairs
Recessed Lighting
Storage
Walk-in Closet(s)
Kitchen/Dining Room Combination
Living/Dining Room Combination
Separate Shower
Bathtub/Shower Combination
Balcony
Lighting
Private Entrance

Feature Descriptions

Appliances: Built-In Range, Disposal, Dishwasher, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Vented Exhaust Fan, Washer, Washer/Dryer
Association Fee: $225/Monthly
Association Fee Includes: Insurance, Maintenance Structure, Sewer, Trash, Storm Water Maintenance
Building Area Total: 4600
Carport Y/N: No
Exterior: Vinyl Siding
Fireplace Y/N: No
Flooring: Carpet, Tile, Wood
GarageY/N: Yes
HeatingY/N: 1
HOA Y/N: Yes
Laundry: Laundry Room, In Unit, Upper Level, Washer/Dryer Hookups
Open Parking Y/N: No
Parcel Number: 1703934988
Parking Features: Attached, Garage Faces Front, Paved
Patio And Porch: Awning(s), Covered, Deck, Patio, Porch
Property Attached Y/N: No
Road Surface: Paved
Senior Community Y/N: No
Sewer: Public Sewer
Spa Y/N: No
Structure Type: Townhouse
Water: Public

Local Schools

High School: Needham Broughton High
Middle School: Carnage Middle
School District: Wake

Listed By / Shown By

Listed By

Agency Name: Compass -- Raleigh
Agency Phone: 919-726-6548

Shown By

Agency Name: Key Realty Services, LLC
Agent Name: Tamecia Key
Agent Phone: Primary: (919) 971-3981

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Estimate Your Payment

Estimated Payment

$ 4,696.40 per month $4,375.56 Principal & Interest $0.00 Property Tax (data not provided by mls) $320.83 Homeowner's Insurance

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