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Eddie Acres

eddie@realestate-eddie.com +1(984) 302-5156

Listed by Compass -- Raleigh

$ 389,500

Est. payment | -/mo

2 Beds

2 Baths

1,117 SqFt

Save

$ 389,500

Est. payment | -/mo

Save

2 Beds

2 Baths

1,117 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Pending

Purchase Type For Sale

Square Footage 1,117 sqft

Price per Sqft $348

Subdivision Paramount

MLS Listing ID 10162886

Style Contemporary,Modern

Bedrooms 2

Full Baths 2

HOA Fees $666/mo

HOA Y/N Yes

Year Built 2005

Annual Tax Amount $4,106

Lot Size 1,117 Sqft

Property Sub-Type Condominium

Source Doorify MLS

Land Area 1117

Property Description

Positioned in one of Downtown Raleigh's most vibrant and high-demand locations, this stunning condo in the Paramount building places you right in the center of Glenwood South--the city's premier destination for dining, nightlife, and entertainment. Whether you're seeking an exciting urban lifestyle or a high-performing investment opportunity, this is exactly where you want to be. What truly sets this property apart? This TWO-bedroom condo is one of the best values currently available in Downtown Raleigh--priced below comparable sales and even below tax value--while being in pristine, move-in ready condition. Opportunities like this in Glenwood South, especially in a building like the Paramount, are rare. Inside, Unit 400 features a highly desirable layout with two spacious primary suites, each with its own en-suite bath--perfect for roommates, guests, or maximizing rental income potential. The entire unit has been refreshed with fresh paint and luxury vinyl plank flooring throughout, complemented by custom closet systems and updated stainless steel appliances that elevate everyday living. A newer HVAC system (2022) adds long-term value and efficiency. Step outside and you're immediately immersed in the energy of Downtown Raleigh--walkable to top restaurants, nightlife, coffee shops, and entertainment. This is the kind of location that consistently drives demand, making it just as attractive for investors as it is for end users. Residents of the Paramount enjoy premium amenities including a rooftop pool with skyline views, fitness center, club room with kitchen, outdoor grilling areas, and an herb garden, all within a secure-access building. The unit also includes two reserved parking spaces in a covered garage and a private storage unit on the same floor, adding everyday convenience that's hard to find downtown. If you're looking for location, condition, and value all in one, Unit 400 stands out as one of the most compelling opportunities in Downtown Raleigh right now.

Location

State NC

County Wake

Community Paramount

Zoning PD

Interior

Interior Features Eat-in Kitchen, Elevator, Entrance Foyer, High Ceilings, Kitchen Island, Open Floorplan, Recessed Lighting, Second Primary Bedroom, Storage, Track Lighting, Walk-In Shower

Cooling Heat Pump

Flooring Luxury Vinyl, Tile

Fireplace No

Appliance Dryer, Dishwasher

Laundry In Unit

Exterior

Exterior Feature Covered Courtyard, Garden, Gas Grill, Outdoor Grill, Storage

Parking Features Assigned, Concrete, Covered, Electric Gate, Garage Door Opener, Secured

Garage Spaces 2.0

Roof Type Flat

Total Parking Spaces 2

Garage Yes

Building

Lot Description City Lot, Views

Story One

Foundation Concrete, Concrete Perimeter

Water Public

Architectural Style Contemporary, Modern

New Construction No

Schools

Elementary Schools Wake - Wiley Elementary

Middle Schools Wake - Oberlin Middle

High Schools Wake - Needham Broughton High

Others

Senior Community No

Tax ID 1704.18-41-2869.007

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(984) 302-5156

eddie@realestate-eddie.com

421 Fayetteville STE 1100 Raleigh NC 27601-3000

Learn More About LPT Realty

618 N Boylan AVE Raleigh, NC 27603