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About This Home

This 2-bedroom, 3-bathroom condo at 1231 Teakwood Place in Raleigh, NC is listed for $160,000 ($127 per sqft). Built in 1972, the home offers 1,262 sqft of living space on a N/A lot.

Agent Description

Opportunity awaits at 1231 Teakwood Place! Located in desirable West Raleigh, this 2-bedroom, 3-bathroom two-story condominium offers an excellent opportunity for buyers looking to add their personal touch and build equity. Featuring a functional floor plan and a private wooded backdrop, this home provides a solid foundation for renovation and customization.

Conveniently situated near NC State University, the Wolfline, shopping, dining, and major routes to both Raleigh and Cary, the location is hard to beat. Whether you're a first-time buyer, investor, or someone looking for a project with great potential, this property presents a rare chance to create value in a sought-after area. As an added benefit, the preferred lender is offering up to $1,600 toward the buyer's closing costs, making homeownership even more attainable.

Key Features

  • Built in 1972
  • 2 stories
  • 2 parking spaces

Property Details

2 stories
2 full, 1 half
2 spaces
#1231
1972

Amenities

HardwoodA/C

Monthly Cost Estimate

$1,149/mo

20% down · 6.5% · 30 years

Principal$116
Interest$693
Insurance$47
HOA$293

Estimates only. Actual payments may vary.

Location

1231 Teakwood Place

Raleigh, NC 27606

Driftwood Manor

Property Details

Flooring

HardwoodCarpetTile

Construction

Brick Cedar

Heating

Electric (Heating)

Cooling

Central Air

Appliances

Electric RangeElectric Water HeaterRange Hood

Questions & Answers

This 2-bedroom, 3-bathroom condo at 1231 Teakwood Place is listed at $160,000 ($127/sqft). The estimated monthly payment is $986 based on 20% down at 6.5% interest.

HOA fees are $293/month.

Key features include: Built in 1972, 2 stories, 2 parking spaces.

This property is listed by Ahmed Mustafa and can be reached at 9104743626 or ahmed@amrealtygroup.org.

AM

Ahmed Mustafa

Agent at Real Broker, LLC

(910) 474-3626

Listed by Real Broker, LLC · View on Broker Site

MLS# 10171795· Source: listhub· Updated 2 days ago

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1231 Teakwood Place, Raleigh, NC 27606

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