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$ 895,000
Est. payment /mo
Active
242 W Academy ST #000 Wendell, NC 27591
3,632 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,632 sqft
Price per Sqft $246
Subdivision Not In Subdivision
MLS Listing ID 100558791
HOA Y/N No
Year Built 1915
Lot Size 0.450 Acres
Acres 0.45
Lot Dimensions 114x81x125x181x67
Property Sub-Type Multi Family
Source Hive MLS
Property Description
Own a unique part of Downtown Wendell. This property fronts 3
separate roads: Wendell Blvd, Marshburn Rd, and Academy St. It has a separate
address for each building (242 W Academy and 3169 Wendell Blvd) and each has separate power and utilities.
The first building is a 2000 sq ft fully renovated historic home, currently offered on VRBO as ''Cottage on the Boulevard''. With 8 years of successful rent roll on VRBO and Airbnb, this property brings in around 45k a year. It
is currently zoned residential, but can be converted to commercial. The second
building is zoned as an office/retail single tenant building that is 1632 sf. This
building has also been fully renovated with 4 office/deck spaces, conference table,kitchen and eating area, a classroom that seats 20, and storage . It brings in an additional 25k in rent per year.
separate roads: Wendell Blvd, Marshburn Rd, and Academy St. It has a separate
address for each building (242 W Academy and 3169 Wendell Blvd) and each has separate power and utilities.
The first building is a 2000 sq ft fully renovated historic home, currently offered on VRBO as ''Cottage on the Boulevard''. With 8 years of successful rent roll on VRBO and Airbnb, this property brings in around 45k a year. It
is currently zoned residential, but can be converted to commercial. The second
building is zoned as an office/retail single tenant building that is 1632 sf. This
building has also been fully renovated with 4 office/deck spaces, conference table,kitchen and eating area, a classroom that seats 20, and storage . It brings in an additional 25k in rent per year.
Location
State NC
County Wake
Community Not In Subdivision
Zoning NC
Direction Wendell Boulevard exit to Left on Academy
Interior
Heating Electric, Natural Gas
Exterior
Utilities Available Natural Gas Available, Electricity Available2, Sewer Connected2, Water Connected3
Amenities Available See Remarks
Building
Water Public
New Construction No
Others
Tax ID 0070924
Special Listing Condition Standard
Listed by Five County Realty