616 Rocky Knob Ct, Raleigh, NC 27601

$1,100,000
8
BD
8
BA
4,600
SqFt

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Seller Representative Compass -- Raleigh

List Price
$1,100,000
Price Change
▼ $499,000 1793034259
Status
ACTIVE
MLS#
10197555
Bedrooms
8
Bathrooms
8
Full-baths
8
Living Area
4,600
Subdivision
City Hike Townhomes
Year Built
2025

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.

Additional Information

Hoa Fee Includes
Insurance, Maintenance Structure, Sewer, Trash
Foundation
Slab
Interior Features
Ceiling Fans, Double Vanity, Eat-In Kitchen, High Ceilings, Kitchen Island, Open Floor Plan, Pantry, Primary Downstairs, Recessed Lighting, Storage, Walk-In Closet(s), Dining Combo, Dining Combo, Separate Shower, Bathtub/Shower Combination
Exterior Features
Balcony, Lighting, Private Entrance
New Construction
Yes
Garage Spaces
2
Water
Public
Flooring
Carpet, Tile, Wood
Roof
Shingle
Heating
Forced Air

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Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .