Bought with Choice Residential Real Estate
$525,000
$535,000
1.9%For more information regarding the value of a property, please contact us for a free consultation.
360 Wilmot Drive Raleigh, NC 27606
5 Beds
3 Baths
2,016 SqFt
Key Details
Sold Price $525,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,016 sqft
Price per Sqft $260
Subdivision Fairview Acres
MLS Listing ID 10068320
Sold Date 02/11/25
Style House
Bedrooms 5
Full Baths 2
Half Baths 1
HOA Y/N No
Abv Grd Liv Area 2,016
Year Built 1956
Annual Tax Amount $2,949
Lot Size 0.470 Acres
Acres 0.47
Property Sub-Type Single Family Residence
Source Triangle MLS
Property Description
Fantastic investment opportunity in highly sought after Fairview Acres in close proximity to NC State. Cash flowing, stabilized property with leases in place through 6/30/2026. Single lease in effect - Not individual. 7/1/24 - 6/30/25 Lease at $4,000/month. 7/1/25 - 6/30/26 Lease at $4,450/month. Gorgeous open floorplan with finishes that are rarely seen at this price point. Fully updated kitchen with Samsung appliances, new cabinets, granite countertops, eat-in kitchen bar with waterfall edge. New bathroom upgrades include double vanity cabinets, walk-in shower, tiled floor/shower, and anti-fog backlit mirrors. Additional improvements include New Roof, refinished hardwood floors, new driveway and privacy fencing.
Finished daylight basement, with separate entrance from main house, offers additional flex space and laundry room. Property is located on a spacious 0.47 acre lot within the Raleigh Frequent Transit area. Please refer to City of Raleigh UDO for guidelines, but potential to increase revenue by adding ADUs. Covered carport with Storage. Detached shed on property offers additional storage, but is not in habitable condition. Appliances and Washer/Dryer convey. This investment property is As-Is and ready to go! Buyers & Buyers Agents, please reach out to Listing Agent for all property disclosures, financials, and full list of upgrades.
Location
State NC
County Wake
Zoning R-4
Direction From Western Blvd. turn onto Jones Franklin Rd. Right onto Vann St. Left onto Wilmot Dr. Home will be on right.
Rooms
Other Rooms Outbuilding, Shed(s), Storage, Workshop
Basement Crawl Space, Daylight, Exterior Entry, Finished, Partial, Sump Pump, Walk-Out Access
Interior
Interior Features Bathtub/Shower Combination, Ceiling Fan(s), Double Vanity, Eat-in Kitchen, Kitchen/Dining Room Combination, Living/Dining Room Combination, Open Floorplan, Master Downstairs, Recessed Lighting, Smart Thermostat, Storage, Walk-In Closet(s), Walk-In Shower
Heating Forced Air
Cooling Central Air
Flooring Hardwood, Tile, Wood
Fireplace No
Window Features Screens,Wood Frames
Appliance Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
Laundry In Basement, Laundry Room
Exterior
Exterior Feature Rain Gutters, Smart Lock(s), Storage
Fence Partial
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N Yes
View Neighborhood
Roof Type Shingle
Street Surface Asphalt
Porch Deck, Front Porch, Patio
Garage No
Private Pool No
Building
Faces From Western Blvd. turn onto Jones Franklin Rd. Right onto Vann St. Left onto Wilmot Dr. Home will be on right.
Story 1
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Ranch
Level or Stories 1
Structure Type Brick,Fiber Cement,Frame
New Construction No
Schools
Elementary Schools Wake - Farmington Woods
Middle Schools Wake - Martin
High Schools Wake - Athens Dr
Others
Senior Community false
Tax ID 0783075703
Special Listing Condition Standard
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