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REDUCED - Downtown Wake Forest Duplex

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$179,000.00

This listing is sold "AS IS"

Address

627 Wait Avenue
Wake Forest, NC 27587

Overview

This is one of three adjacent duplexes being sold by the same owner along Wait Avenue in Wake Forest, just a couple of blocks from the town's historic Downtown. The additional properties are 633-635 and 621-623 Wait. Each duplex is of similar construction and condition, demonstrating very good rental histories. Individually, one of these duplexes can be a good first time investment or together provide an equity investor with consistent income.

View Tax Records
  • Great location in Downtown Wake Forest
  • One-car garage with each unit
  • Low-maintainance brick and vinyl exterior
  • Can be purchased as part of 3 duplex package

Unit Information

UnitSizeTypeLeaseRent
627 1,260 SF 2 BD/2.5 BA M/M $710.00 (RHA)
629 1,260 SF 2 BD/2.5 BA M/M $682 (RHA)
TOTAL 2,520 SF $1,392.00

Property Information

PIN
1841703812
Tax Value
$167,987
Taxes
$1,586.64
Lot Size
.58 ACRES
Year Built
1985
Exterior
BRICK, VINYL
Floors
CARPET, VINYL
Foundation
CRAWL
HVAC
CENTRAL AC, APOLLO GAS HEAT; GAS-FORCED AIR
Owner Financing
NO
Utilities
PAID BY TENANTS
Appliances
REFRIGERATOR, WASHER/DRYER, RANGE, DISHWASHER
Legal Description
BM1985-485
Zoning
R-10