616 Rocky Knob CT, Raleigh, NC 27601
616 Rocky Knob CT, Raleigh, NC 27601
616 Rocky Knob CT, Raleigh, NC 27601
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Listed by Compass -- Raleigh
$1,599,000
Est. payment /mo
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12 Beds
12 Baths
6,900 SqFt
New

616 Rocky Knob CT Raleigh, NC 27601

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Key Details

Property Type Townhouse

Sub Type Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 6,900 sqft

Price per Sqft $231

Subdivision City Hike Townhomes

MLS Listing ID 10197555

Bedrooms 12

Full Baths 12

HOA Fees $225/mo

HOA Y/N Yes

Year Built 2025

Annual Tax Amount $5,513

Property Sub-Type Townhouse

Source Doorify MLS

Land Area 6900

Property Description

The final three available townhomes at City Hike are offered together as a turnkey investment portfolio near Downtown Raleigh. 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, while the the third and final unit is being leased up now by KeyRenter property management. 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.

Location

State NC

County Wake

Community City Hike Townhomes

Interior

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

Cooling Central Air

Flooring Carpet, Tile, Wood

Fireplace No

Appliance Range, Washer, Disposal, Microwave, Dishwasher, Washer/Dryer

Laundry In Unit, Upper Level, Laundry Room

Exterior

Exterior Feature Balcony, Lighting, Private Entrance

Parking Features Attached, Garage Faces Front, Paved

Garage Spaces 6.0

Roof Type Shingle

Total Parking Spaces 6

Garage Yes

Building

Story Three Or More

Foundation Slab

Water Public

New Construction Yes

Schools

Middle Schools Wake - Carnage Middle

High Schools Wake - Needham Broughton High

Others

Tax ID 1703934988

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Conventional, Contract, 1031 Exchange

Listing Terms Cash, Conventional, Contract, 1031 Exchange


Doorify MLS

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