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About This Home
This 0-bedroom, 0-bathroom residential multi family at 242 W Academy Street unit: 000 in Wendell, NC is listed for $895,000 ($246 per sqft). Built in 1915, the home offers 3,632 sqft of living space on a 0.45 acres lot.
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.
Key Features
- Built in 1915
- 0.45 acre lot
Property Details
Monthly Cost Estimate
$4,787/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
242 W Academy Street unit: 000
Wendell, NC 27591
Not In Subdivision
Property Details
Heating
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 242 W Academy Street unit: 000 is listed at $895,000 ($246/sqft). The estimated monthly payment is $3,878 based on 20% down at 6.5% interest.
Key features include: Built in 1915, 0.45 acre lot.
This property is listed by Amanda Rivera and can be reached at 9196567446 or fivecountyrealty@gmail.com.