Condo $ 600,000

810 Culpepper LN

Raleigh, NC 27610

  • 3 Beds
  • 3 Baths
    Full Baths: 2 Half Baths: 1
  • 2,003 SqFt
  • 2,003 Lot Size
  • 2025 Year Built
Turnkey Investment Opportunity | Immediate Cash Flow in Raleigh, NC

Fully leased and income-producing from day one, this brand-new townhome-style condo in Raleigh, North Carolina presents a rare opportunity for investors seeking stable rental income and long-term appreciation in one of the Triangle's fastest-growing markets.

Strategically located just minutes from Downtown Raleigh, major commuter routes, shopping, and dining, this modern 3-bedroom, 2.5-bath asset is positioned to attract and retain high-quality tenants. The open-concept layout, dedicated pocket office, and seamless indoor-outdoor living--highlighted by a 12' quad slider to a covered patio--align with today's tenant demand for flexible, lifestyle-driven spaces.

The kitchen is designed to elevate rental desirability, featuring quartz countertops, a center island, stainless steel Café appliances, and custom cabinetry. Upstairs, the spacious primary suite offers a spa-style bathroom, dual vanities, frameless glass walk-in shower, and two walk-in closets, while two additional bedrooms provide versatility for roommates, guests, or work-from-home setups.

Built with durability and efficiency in mind, the property includes white oak hardwood floors, 8' solid core doors, Pella windows, tankless water heater, spray foam insulation, sealed crawl space, and a whole-home dehumidifier--minimizing maintenance and optimizing operating costs.

Additional investor-friendly features include an attached garage with EV charging capability, private partially fenced yard, and low-maintenance construction, making this an ideal addition to any rental portfolio, 1031 exchange, or long-term hold strategy.

A true plug-and-play asset in a high-demand rental corridor--generate income from day one while benefiting from Raleigh's continued growth and appreciation.
Listed by LPT Realty, LLC

VIRTUAL TOUR

PROPERTY DETAIL

  • Key Details

    Property Type Condo

    Sub Type Condominium

    Listing Status Active

    Purchase Type For Sale

    Square Footage 2, 003 sqft

    Price per Sqft $299

    Subdivision Lockwood

    MLS Listing ID 10157612

    Style Contemporary, Modern

    Bedrooms 3

    Full Baths 2

    Half Baths 1

    HOA Fees $300/mo

    HOA Y/N Yes

    Year Built 2025

    Annual Tax Amount $1,784

    Lot Size 2,003 Sqft

    Acres 0.24

    Property Sub-Type Condominium

    Source Doorify MLS

    Land Area 2003

  • Location

    State NC

    County Wake

    Community Lockwood

    Area 0.24

    Zoning R10

  • Building

    Lot Description Back Yard, City Lot

    Story Two

    Foundation Block

    Water Public

    Architectural Style Contemporary, Modern

    New Construction No

  • Interior

    Interior Features Ceiling Fan(s), Kitchen Island, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting, Walk-In Closet(s)

    Cooling Ceiling Fan(s), Central Air, Electric, Heat Pump

    Flooring Hardwood, Tile

    Fireplace No

    Appliance Oven, Dryer, Washer, Disposal, Microwave, Dishwasher, Humidifier

    Laundry In Unit, Upper Level

  • Exterior

    Parking Features Garage, Garage Faces Front, On Street

    Garage Spaces 2.0

    Roof Type Shingle

    Total Parking Spaces 2

    Garage Yes

  • Schools

    Elementary Schools Wake County Schools

    Middle Schools Wake County Schools

    High Schools Wake County Schools

  • Others

    Senior Community No

    Tax ID 1714820579

    Acceptable Financing Cash, Conventional, FHA, VA Loan, Lease Option

    Listing Terms Cash, Conventional, FHA, VA Loan, Lease Option

    Virtual Tour https://www.zillow.com/view-imx/87050518-a32a-4b18-b9be-63673345814a?initialViewType=pano

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CONTACT

Marinus Leach
Marinus Leach
Email: marinus@landhuisresidential.com Tel: +1(919) 910-0987

License ID: NCREC 328539 | GAREC 450452

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