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Welcome to your investment opportunity nestled on nearly 1 acre of land, offering a spacious 3000 sqft of living space in a prime location on the Raleigh side of Wake Forest. This property presents a remarkable investment opportunity. This meticulously maintained property boasts recent upgrades including three newly replaced HVAC systems and two water heaters within the last 3 years, ensuring comfort and efficiency for years to come. Additionally, the property features a unique layout with a separate entrance leading to a second master bedroom and kitchen area. Currently, the main house has been intelligently divided and rented out, with a total of 7 month-to-month tenants generating $4520 in monthly income. With no HOA restrictions, you have the flexibility to explore various options including Airbnb rental opportunities or remodeling to suit your investment goals. This expansive property offers versatility and functionality with two kitchen areas, ideal for maximizing rental income or creating a dedicated home office space. The upstairs office with a private outside entry provides added convenience and privacy. Step outside to discover the inviting backyard oasis featuring decks and a gazebo, perfect for attracting tenants or enjoying tranquil evenings under the stars. Situated in a cul-de-sac, the property offers both privacy and convenience, just minutes away from downtown Wake Forest, shopping centers, and schools. Don't miss out on the opportunity to make this incredible property a part of your investment portfolio. Schedule a tour today and envision the potential returns awaiting you in this desirable Wake Forest location!
Property Type(s):
Single Family
| Last Updated | 4/28/2024 | Tract | Country Place |
|---|---|---|---|
| Year Built | 1982 | County | Wake |
SCHOOLS
| Elementary School | Wake - Forest Pines |
|---|---|
| Jr. High School | Wake - Wake Forest |
| High School | Wake - Heritage |
Additional Details
| AIR | Attic Fan, Ceiling Fan(s), Central Air, Electric, Evaporative Cooling, Heat Pump, Multi Units |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dryer, Electric Water Heater, Oven, Washer/Dryer, Water Heater |
| BUYER'S BROKERAGE COMPENSATION | % |
| CONSTRUCTION | Aluminum Siding, Concrete, Frame, HardiPlank Type, Vinyl Siding |
| HEAT | Heat Pump |
| INTERIOR | In-Law Floorplan |
| LOT | 0.77 acre(s) |
| LOT DESCRIPTION | Cleared |
| PARKING | Concrete, Deck, Driveway, No Garage, On Site, Open, Outside, Parking Lot |
| SEWER | Septic Tank |
| STORIES | Multi/Split, Two |
| STYLE | Colonial, Traditional |
| SUBDIVISION | Country Place |
| TAXES | 2390.29 |
| WATER | Public |
Location
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Information Not Guaranteed.
Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.
Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property
Copyright 2024 Triangle MLS, Inc. of North Carolina. All rights reserved.
Data last updated: 5/12/24 1:05 PM PDT.
This IDX solution is (c) Diverse Solutions 2024.
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