855.375.4001
Listing Courtesy of: Amanda Rivera - NorthGroup Real Estate, Inc. 704-412-2804

242 W Academy Street Wendell, NC 27591

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Ranch Residence
3 Beds
3 Baths
... Bed/Bath
2,031 Sq. Ft.

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Last updated on 6/17/2024 4:26 AM
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 hi...storic 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. Continue reading
MLS#
10030631
Property Type
Ranch
Bedrooms
3
Bathrooms
Year Built
1915
Square Feet
2,031 sq. ft
Lot Size
0.49
Stories
1.0
Sewer
Sewer Connected, Public Sewer

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Listing Courtesy of: Amanda Rivera - NorthGroup Real Estate, Inc. 704-412-2804
Andrea Conner, License #298336, Xome Inc., License #C24582, AndreaD.Conner@Xome.com, 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067


Information Not Guaranteed. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or selling. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2024 Triangle MLS, Inc. of North Carolina. All rights reserved.
This content last refreshed on 6/17/2024 4:26 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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