132 W Vernon Ave, Wake Forest, NC 27587
- $175,000
- 2
- BD
- 1
- BA
- 880
- SqFt
Seller Representative eXp Realty, LLC - C
Buyer Representative
- Sold Price
- $175,000
- List Price
- $174,900
- Closing Date
- Mar 31, 2026
- Status
- CLOSED
- MLS#
- 10148904
- Bedrooms
- 2
- Bathrooms
- 1
- Full-baths
- 1
- Living Area
- 880
- Lot Size
- 8,276
- Subdivision
- Not In A Subdivision
- Year Built
- 1940
- Acres
- 0.19
Property Description
Priced below the Tax Assessed Value, this building lot & renovation opportunity situated in a National Register Historic District. This classic cottage and lot presents a unique opportunity to own prime downtown location in Wake Forest. Perfectly positioned for a car-optional lifestyle, the home is just 0.3 miles from Wake Forest Magnet Elementary and the Seminary, with the shops and dining of White Street only a half-mile stroll away. This property is an ideal match for those looking to build equity in a high-demand area, rental income investors, and value-add investors. The National Historic Register status allows for a State and Federal Tax Credit on rehabilitation expenses for income-producing properties. This GR3 zoned lot is also primed for buyers seeking a high-end renovation endeavor or a two-story rebuild (Verify with HPC). This property offering is sold strictly AS-IS. An Inspection Report is available upon request. The Listing Agent is related to the Seller.
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Additional Information
- Style
- Cottage
- Foundation
- Crawl Space
- Interior Features
- Laminate Counters, Primary Downstairs, Walk-In Shower
- Exterior Features
- Private Yard, Rain Gutters, Smart Light(s)
- Elementary School
- Wake - Wake Forest
- Middle School
- Wake - Wake Forest
- High School
- Wake - Wake Forest
- Utilities
- Electricity Available, Natural Gas Available, Water Available
- Water
- Public
- Flooring
- Hardwood, Vinyl
- Roof
- Asphalt, Fiberglass, Shingle
- Heating
- Electric, Forced Air, Natural Gas, Natural Gas
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Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .