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242 Academy St Wendell, NC 27591
- Price $950,000
- Beds 3
- Baths 3.00
- Sq.Ft. 2,031
- Acres 0.49
- Year 1915
- Day 1
- Save
- Social
- Call
Own A Unique Part Of Downtown Wendell. This Property Fronts 3 Separate Roads: Wendell Blvd, Marshbur n 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 5 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 . The Parking Lot Is Behind This Brick Building So It Does Not Restrict The Parking Of The Rental House Or Guests Which Use The Driveway On Academy St. These Two Buildings Are Only Separated By 6-8 Feet So They Can Not Be Divided Or Sold Separately. They Could Easily Be Combined To Create A 4000 Sf Building, Or Used As Is. The Brick Building Currently Generates Rental Revenue, But Could Be Used Or Rented Out As A Full Time Retail Or Office Building. The Property Is Not In The Historic District, But Benefits From A Tax Reduction From The Age Of The Property. It Is Within Walking Distance Of Downtown Wendell And Has High Visibility Due To Its Location On Three Of The Main Road Interchanges. Showings Will Need To Be Arranged Around Guests As This Is A Very Popular And Successful Vrbo Rental.
Home Details
242 Academy St Wendell, NC 27591
- Status Active
- MLS® # 10030631
- Price $950,000
- Listing Date 05-20-2024
- Bedrooms 3
- Bathrooms 3.00
- Full Baths 2
- Half Baths 1
- Square Footage 2,031
- Acres 0.49
- Year Built 1915
- Type Residential
- Sub-Type Ranch
Community Information For 242 Academy St Wendell, NC 27591
School Information
- Elementary Wake Wendell
- Middle Wake Wendell
- Higher Wake East Wake
Amenities For 242 Academy St Wendell, NC 27591
- Garages Additional Parking, parking Lot
Interior
- Interior Features Apartment/Suite, Bathtub/Shower Combination, Ceiling Fan(s), Eat-in Kitchen, Granite Counters, Smooth Ceilings
- Appliances Built-in Range, dishwasher, microwave, refrigerator, stainless Steel Appliance(s)
- Heating Forced Air, gas Pack
- Cooling Central Air, Gas
- Fireplace No
Exterior
- Exterior Brick, Vinyl Siding
- Roof Shingle
- Foundation Brick/Mortar, Permanent
Additional Information
- Date Listed May 20th, 2024
- Styles Cottage
Listing Details
- Listing Office Northgroup Real Estate, Inc.
- Listing Phone 704-412-2804
Financials
- $/SqFt $468
Description Of 242 Academy St Wendell, NC 27591
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 5 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 . The parking lot is behind this brick building so it does not restrict the parking of the rental house or guests which use the driveway on academy st. These two buildings are only separated by 6-8 feet so they can not be divided or sold separately. They could easily be combined to create a 4000 sf building, or used as is. The brick building currently generates rental revenue, but could be used or rented out as a full time retail or office building. The property is not in the historic district, but benefits from a tax reduction from the age of the property. It is within walking distance of downtown wendell and has high visibility due to its location on three of the main road interchanges. Showings will need to be arranged around guests as this is a very popular and successful vrbo rental.
Interested in 242 Academy St Wendell, NC 27591 ?
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This beautiful 3 beds 3.00 baths home is located at 242 Academy St Wendell, NC 27591 and is listed for $950,000. The home was built in 1915, contains 2031 sqft of living space, and sits on a 0.49 acre lot. This Residential home is priced at $468 per square foot and has been on the market since May 21st, 2024. with sqft of living space.
If you'd like to request more information on 242 Academy St Wendell, NC 27591, please call us at 919-249-8536 or contact us so that we can assist you in your real estate search. To find similar homes like 242 Academy St Wendell, NC 27591, you can find other homes for sale in Wendell, or 27591 click the highlighted links, or please feel free to use our website to continue your home search!
Schools
WALKING AND TRANSPORTATION
Home Details
242 Academy St Wendell, NC 27591
- Status Active
- MLS® # 10030631
- Price $950,000
- Listing Date 05-20-2024
- Bedrooms 3
- Bathrooms 3.00
- Full Baths 2
- Half Baths 1
- Square Footage 2,031
- Acres 0.49
- Year Built 1915
- Type Residential
- Sub-Type Ranch
Community Information For 242 Academy St Wendell, NC 27591
School Information
- Elementary Wake Wendell
- Middle Wake Wendell
- Higher Wake East Wake
Amenities For 242 Academy St Wendell, NC 27591
- Garages Additional Parking, parking Lot
Interior
- Interior Features Apartment/Suite, Bathtub/Shower Combination, Ceiling Fan(s), Eat-in Kitchen, Granite Counters, Smooth Ceilings
- Appliances Built-in Range, dishwasher, microwave, refrigerator, stainless Steel Appliance(s)
- Heating Forced Air, gas Pack
- Cooling Central Air, Gas
- Fireplace No
Exterior
- Exterior Brick, Vinyl Siding
- Roof Shingle
- Foundation Brick/Mortar, Permanent
Additional Information
- Date Listed May 20th, 2024
- Styles Cottage
Listing Details
- Listing Office Northgroup Real Estate, Inc.
- Listing Phone 704-412-2804
Financials
- $/SqFt $468