242 W Academy Street, Wendell, NC 27591
Local realty services provided by:ERA Strother Real Estate
242 W Academy Street,Wendell, NC 27591
$895,000
- 3 Beds
- 3 Baths
- 3,632 sq. ft.
- Multi-family
- Active
Listed by: amanda rivera
Office: creekside inc/five county real
MLS#:10151284
Source:RD
Price summary
- Price:$895,000
- Price per sq. ft.:$246.42
About this home
Seller Financing Available with 65% down. 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 historic 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....
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Home facts
- Year built:1915
- Listing ID #:10151284
- Added:791 day(s) ago
- Updated:July 14, 2026 at 06:06 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Full bathrooms:2
- Rooms Total:6
- Flooring:Ceramic Tile, Hardwood, Luxury Vinyl
- Dining Description:Eat-in Kitchen
- Bathrooms Description:Bathtub/Shower Combination
- Kitchen Description:Built-In Range, Dishwasher, Microwave, Refrigerator, Stainless Steel Appliance(s)
- Living area:3,632 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air, Gas Pack
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1915
- Building area:3,632 sq. ft.
- Lot area:0.49 Acres
- Lot Features:City Lot, Level
- Architectural Style:Cottage
- Construction Materials:Brick, Vinyl Siding
- Exterior Features:Covered, Fenced Yard, Front Porch, Porch, Side Porch
- Foundation Description:Brick/Mortar, Permanent
- Levels:One
Schools
- High school:Wake - East Wake
- Middle school:Wake - Wendell
- Elementary school:Wake - Wendell
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$895,000
- Price per sq. ft.:$246.42
- Tax amount:$3,667
Features and amenities
- Laundry features:In Hall
Parking
- Total parking spaces:10
- Parking description:Parking Lot
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