815 Frye Street Wake Forest, NC $ 360,000
815 Frye Street
$ 360,000
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815 Frye Street

Wake Forest, NC, 27587
$ 360,000
Bedrooms-- Baths0.0 Sq 1,756

Monthly Estimate*

$ 2,246

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Multi-Family Home for sale in Wake Forest, NC

for $360,000. This 1,756 square foot home was built in 1985 on a lot size of 0.21 Acre(s).

This duplex, located just one mile north of downtown Wake Forest and the campus of Southeastern Baptist Theological Seminary, offers an excellent value-add opportunity in a highly-desirable location. The property is fully-leased with $2, 190 in gross monthly rent, but rents could be increased with strategic improvements. Built in 1985, the one-story design features identical two-bedroom, one-bathroom floor plans. A new roof was installed in 2020. In 2021, unit 815 had new LVP flooring installed throughout and unit 817 had new LVP flooring installed in the kitchen and bathroom. Unit 815 rent is $1, 095/mo with lease expiration 1/31/2024. Unit 817 rent is $1, 095/mo with lease expiration 1/31/2024.

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Multi-Family Pending

Price

$ 360,000

Property Type

Multi-Family

Taxes

$ 1,923

Lot Size

0.21 Acre(s)

Year Built

1985

Town/City

Wake Forest

County/Region

Wake

MLS | Web ID

2495866

Features
Interior
Appliances Range/Oven Refrigerator Washer/Dryer Hook Up
Cooling System Air Conditioning Central Air Heat Pump
Heating System Electric Heat Pump Yes
Sewer City Sewer
Water Source City Water
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Exterior
Building Type Attached
Construction Masonite
Foundation Slab
Garage None
Parking Off Street Parking
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* Excluded Features
List By
Daniel Pogue

Listing Agent

Deaton Investment Real Estate

Broker

tfurlow@deaton.com

Email

Affordability Calculator

$2,406
Per Month
93%
7%
0%
Monthly Principal & Interest
$2,246
Monthly Property Taxes
$160
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
Wake County Schools Elementary School
Wake County Schools Middle School
Wake County Schools High School

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815 Frye Street , Wake Forest, NC, 27587 is a Multi-Family Home for sale at $360,000 with 1,756 sqft and a lot size of 0.21 Acre(s). 815 Frye Street has 0.0 baths and was built in 1985. The property's zip code is 27587 which is in Wake Forest, NC