Bought with Howard Perry & Walston Realtor
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720 N Taylor Street Wake Forest, NC 27587
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Key Details
Sold Price $500,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Not In A Subdivision
MLS Listing ID 2536531
Sold Date 12/08/23
Originating Board Triangle MLS
Year Built 1988
Annual Tax Amount $1,580
Property Description
Excellent investment potential: Two duplexes facing a common courtyard: 4 units total, each a 2 bedroom, 1 bath ranch style unit. Window ACs and baseboard heat-no $6000 central HVAC replacements needed, ever! City water and sewer so no well or septic problems. Simply outfitted with just stove and refrigerator yet these apartments rent quickly and stay rented. The last available unit rented in 3 days for $799, and likely could have rented for much more. Rent potential $3200+. Conveniently located near downtown Wake Forest, New metal roof in Nov. 2017. If you want an easy-to-rent property with predictable cash flow, this one may be for you! Adresses are 720, 722, 724 and 726 North Taylor Street.
Location
State NC
County Wake
Direction Follow I-40 E to I-540 E to US-1 N/Capital Blvd in Wake County. Take exit 16 from I-540 E, Continue on US-1 N/Capital Blvd. Take NC-98 E toN Taylor St in Wake Forest
Rooms
Basement Crawl Space
Interior
Heating Baseboard, Electric
Cooling Window Unit(s)
Flooring Carpet, Vinyl
Exterior
Parking Type Off Street
Garage No
Private Pool No
Building
Lot Description Hardwood Trees, Partially Cleared
Faces Follow I-40 E to I-540 E to US-1 N/Capital Blvd in Wake County. Take exit 16 from I-540 E, Continue on US-1 N/Capital Blvd. Take NC-98 E toN Taylor St in Wake Forest
Sewer Public Sewer
Water Public
Structure Type Masonite
New Construction No
Schools
Elementary Schools Wake - Heritage
Middle Schools Wake - Heritage
High Schools Wake - Wake Forest
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