Amazing opportunity for a 3-unit property on a large lot with easy access to the greater Raleigh area! Many options here: buy and hold rental property, owner occupant investor (live for free?!) or multi-generational home, to name a few. The best part? You can assume the FHA loan of about $263,000 at an interest rate of just 2.5%! Situated at the end of Wakefield Lane, this property features a large 1530 square foot unit rented for $1800 per month, a 2nd unit with bedroom, bathroom, laundry and kitchen, and a 3rd studio unit with full bathroom and kitchen. Significant renovations by the current and prior owners have kept this property in good condition. Just 20~ minutes to North Hills, 30~ minutes to RDU airport, and 12~ minutes to White Oak Crossing food and retail district. Huge 40x10 storage building configured as 3 storage units. Room for animals, equipment, hobbies, etc. Septic and Aqua water service. This property is two parcels and has an easement for a pipeline. It is listed as having 2 bedrooms due to the lack of a septic permit. Private road with no road agreement in place. Please review letter from Wake County regarding land use.
| MLS # | 10187875 |
|---|---|
| Listing Type | For Lease |
| Status | Active |
| Year | 1966 |
| Days On Site | 16 |
| Listing Provided By | Berkshire Hathaway HomeService | George Patrick III |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 2,001 |
| Basement | Y |
| Story(s) | 1 |
| Zoning | R-20 |
| Acreage | 0.60 |
| Heating Yes / No | Yes |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Central Air, Wall Unit(s) |
| Laundry Features | In Unit |
| Exterior Features | Rain Gutters |
|---|---|
| Roof | Shingle |
| Foundation Details | Crawlspace |
| Construction Materials | Brick Veneer, Vinyl Siding |
| Security Features | Smoke Detector(s) |
| Patio And Porch Features | Front Porch |
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | Driveway, Gravel, On Street, Shared Driveway |
| Sewer | Septic Tank |
|---|
| Tax Assessed Value | 263657 |
|---|---|
| Tax Legal Description | Lo10 Turner Farms Sub Rev Se3 |
| Tax Year | 2026 |
| Tax Map Number | 10 |
| State | NC |
|---|---|
| County | Wake |
| City | Garner |
| Zip Code | 27529 |
| Area | Wake |
| Community Name | Not in a Subdivision |
| School District | Wake - South Garner High |
| Elementary School | Wake - Aversboro Elementary |
| High School | Wake - South Garner High |
| Listing VS Median (in Not in a Subdivision) | |
Price: $439,000 low | high Med: $395,000 sqft: 2,001 low | high Med: 1,735 $ / sqft: $219 low | high Med: $228 On site: 16 low | high Med: 228 | |
| State | NC |
|---|---|
| County | Wake |
| City | Garner |
| Zip Code | 27529 |
| Area | Wake |
| Community Name | Not in a Subdivision |
| School District | Wake - South Garner High |
| Elementary School | Wake - Aversboro Elementary |
| High School | Wake - South Garner High |
| Listing VS Median (in Not in a Subdivision) | |
Price: $439,000 low | high Med: $395,000 sqft: 2,001 low | high Med: 1,735 $ / sqft: $219 low | high Med: $228 On site: 16 low | high Med: 228 | |