3761 Wakefield Lane
Property Description
Amazing opportunity for a 3-unit property on a large lot with easy access to the greater Raleigh area! Many options here: buy and hold rental property, owner occupant investor (live for free?!) or multi-generational home, to name a few. The best part? You can assume the FHA loan of about $263,000 at an interest rate of just 2.5%! Situated at the end of Wakefield Lane, this property features a large 1530 square foot unit rented for $1800 per month, a 2nd unit with bedroom, bathroom, laundry and kitchen, and a 3rd studio unit with full bathroom and kitchen. Significant renovations by the current and prior owners have kept this property in good condition. Just 20~ minutes to North Hills, 30~ minutes to RDU airport, and 12~ minutes to White Oak Crossing food and retail district. Huge 40x10 storage building configured as 3 storage units. Room for animals, equipment, hobbies, etc. Septic and Aqua water service. This property is two parcels and has an easement for a pipeline. It is listed as having 2 bedrooms due to the lack of a septic permit. Private road with no road agreement in place. Please review letter from Wake County regarding land use.
Broker Details
Berkshire Hathaway HomeServices York Simpson Underwood Realty (888) 778-2276
MLS ID: 84454
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $429,000 |
| No. of Units: | 3 |
| Year Built: | 1966 |
| Lot Size: | 2,001.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $143,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 2 |
| Number of Bathrooms: | 4 |
ID: 3yd-TRIANGLE-10187875
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