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230 N Franklin St, Wake Forest, NC 27587

Single Family / 2 Bedroom(s) / 1 Bath(s)

Property Status:  Not Available | $130,000.00 | 


Property Photos


2/1 renovated in 2021 for sale in Wake Forest to investor only. Section 8 tenant in place. 40k less than Zillow value.


Property Status:
Not Available | $130,000.00

Contact Info
None
(919) 412-6387

Request To See This Property
Property Details:
Single Family / 2 BR / 1 BA
Property Style:
Manufactured Home
Year Built:
1975
Finished Sq Ft:
754
Basement:
No Basement
Owner / Agent:
Individual Owner
Property Features:
Central Air
Deck
Porch
Fenced Yard
Property Description:
2 bedroom, 1 bath rental property for sale. In downtown Wake Forest. This is a 2br 1 ba mobile home on a permanent foundation and owned lot. It is rented through section 8 for $985. Section 8 is paying the entire rent for this tenant so money is guaranteed each month.

To the studs renovation done in 2021. Yard privacy fenced in 2021. New roof, hvac,water heater, flooring, windows, cabinets, fixtures, and appliances including stacked washer/dryer in 2021. New water lines from street to house 2022.

I am only looking for an investor to sell to because tenants want to stay long term. Buyer must be able to work with Section 8 to receive rent.

All furniture shown belongs to current tenant because I forgot to take pics of the completed renovation before they started moving in.

Zillow has property valued at 170k

Legal Disclaimer:
North Carolina Real Estate Investors Association is not responsible for the properties or the information listed here. Each Property is independently owned.  Click on the link above to contact the Property Owner about this property.

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