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Sold for $500,000 on 12/08/23
  • $500,000

    720 N Taylor St, Wake Forest, NC 27587

    --beds
    --baths
    --sqft
    Duplex, Multi Family
    Built in 1988
    -- sqft lot
    $298,500 Zestimate®
    $--/sqft
    $1,790 Estimated rent

    Owner options

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    $1,790/mo

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    $1,790/mo

    Rent Zestimate®

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    $2,871/mo

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    $2,871/mo

    Est. payment

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: July 26, 2025 at 07:10pm

    Listed by:

    Mary Gibbs-Peed 919-274-2900,

    Alliance Properties of the Car

    Bought with:

    Jim Allen, 126077

    Coldwell Banker HPW

    Source: Doorify MLS,MLS#: 2536531MLS Logo

    Facts & features

    Interior

    Heating
    • Baseboard, Electric
    Cooling
    • Window Unit(s)
    Features
    • Flooring: Carpet, Vinyl
    • Basement: Crawl Space
    Interior area
    • Total structure area: 0

    Property

    Parking
    • Parking features: Off Street
    Features
    • Has view: Yes
    Lot
    • Features: Hardwood Trees, Partially Cleared
    Details
    • Parcel number: 1841749399

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Multi Family
    Materials
    • Masonite
    Condition
    • New construction: No
    • Year built: 1988

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Wake Forest
    • Subdivision: Not in a Subdivision
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    Estimated market value
    $298,500