720 N Taylor St, Wake Forest, NC 27587

$500,000

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Seller Representative Alliance Properties of the Car

Buyer Representative

Sold Price
$500,000
List Price
$500,000
Closing Date
Dec 08, 2023
Status
CLOSED
MLS#
2536531
Subdivision
Not In A Subdivision
Year Built
1988

Property Description

Excellent investment potential: Two duplexes facing a common courtyard: 4 units total, each a 2 bedroom, 1 bath ranch style unit. Window ACs and baseboard heat-no $6000 central HVAC replacements needed, ever! City water and sewer so no well or septic problems. Simply outfitted with just stove and refrigerator yet these apartments rent quickly and stay rented. The last available unit rented in 3 days for $799, and likely could have rented for much more. Rent potential $3200+. Conveniently located near downtown Wake Forest, New metal roof in Nov. 2017. If you want an easy-to-rent property with predictable cash flow, this one may be for you! Adresses are 720, 722, 724 and 726 North Taylor Street.

Additional Information

Water
Public
Basement
Crawl Space
Flooring
Carpet, Vinyl
Heating
Baseboard, Electric

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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 .