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Listed price in listed location currency (USD).
$450,000
$425,000

000

MLS® TR2527762

Overview

Key Facts

Type Duplex
Levels Residential
Size 2520 sqft
Garage No
Taxes 
Lot Size 0.646 acres
Approx. Age 1985
Avg. Price Per Sqft $168
MLS® Number TR2527762

Property Address: 613 Wait Avenue, Wake Forest, NC, 27587

Average square foot calculated using Size range provided by listing agent.

Description

This duplex at 613/615 Wait Ave, is located in close proximity to downtown Wake Forest and the campus of Southeastern Baptist Theological Seminary. Built in 1985, the two-story design features two identical townhome-style floorplans. Each unit has two-bedrooms, two-and-a-half-bathrooms, and its own garage. Both units at the property are currently occupied and are on month-to-month leases. Current rents are well below market but could be increased significantly with light value-add improvements as the units have been well-maintained. Current ownership has made recent improvements to the property that include the following: new roof (2019), new water heaters (2019), new windows (2019), and new rear decks (2021). The property has polybutylene plumbing. This offering presents an opportunity for an investor to acquire a well maintained duplex with significant income upside in a highly-sought after location.
MLS® NumberTR2527762
Laundry Level
Central VacNo
FireplaceNo
Acreage0.646
Exterior
GarageNo
Approx. Age1985
BasementCrawl Space
DrivewayOff Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

Sep 1, 2023End Date
$450,000Sold Price

Sold

Aug 18, 2023List Date
$425,000List Price

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