242 W Academy ST #000, Wendell, NC 27591
242 W Academy ST #000, Wendell, NC 27591
242 W Academy ST #000, Wendell, NC 27591
242 W Academy ST #000, Wendell, NC 27591
242 W Academy ST #000, Wendell, NC 27591
242 W Academy ST #000, Wendell, NC 27591
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Kevin Lee & Jason Harrell

Kevin Lee & Jason Harrell

$ 895,000
Est. payment | /mo

3,632 SqFt


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$ 895,000
Est. payment | /mo
Save

3,632 SqFt

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.

Location

State NC

County Wake

Community Not In Subdivision

Zoning NC

Direction Wendell Boulevard exit to Left on Academy

Location Details Mainland

Interior

Heating Electric, Natural Gas

Exterior

Utilities Available Natural Gas Available, Electricity Available, Sewer Connected, Water Connected

Amenities Available See Remarks

Garage No

Building

Water Public

New Construction No

Others

Tax ID 0070924

Special Listing Condition Standard

Hive MLS / Savannah / Classic / (NCRMLS) / Cape Fear Realtors / Mountain Lakes Board of Realtors
Listed by Five County Realty

Nearby Locations

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Kevin Lee & Jason Harrell
Kevin Lee & Jason Harrell

Broker-Owner | Lic# 186173

3208 Charles Blvd, Greenville, NC, 27858

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242 W Academy ST #000