5367 Wayne ST, Raleigh, NC 27606
5367 Wayne ST, Raleigh, NC 27606
5367 Wayne ST, Raleigh, NC 27606
5367 Wayne ST, Raleigh, NC 27606
5367 Wayne ST, Raleigh, NC 27606
5367 Wayne ST, Raleigh, NC 27606
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Core Realty Advisors

Core Realty Advisors

+1(919) 295-3660
Listed by Deaton Investment Real Estate
$ 615,000
Est. payment | /mo

6 Beds

6 Baths

3,000 SqFt

Save
$ 615,000
Est. payment | /mo
Save

6 Beds

6 Baths

3,000 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $205

Subdivision Wayneridge

MLS Listing ID 10197908

Bedrooms 6

Full Baths 6

HOA Y/N No

Year Built 1984

Annual Tax Amount $5,540

Lot Size 1.040 Acres

Acres 1.04

Property Sub-Type Triplex

Source Doorify MLS

Land Area 3000

Property Description

Well-maintained, single-story triplex located in an established West Raleigh neighborhood. Built in 1984, the property consists of three identical 2-bed, 2-bath units, each approximately 1,000 square feet. The property offers investors an opportunity to acquire an income-producing asset in a desirable location convenient to NC State University, I-40, Crossroads Plaza and the surrounding Raleigh/Cary employment centers. The property has benefited from substantial capital improvements, including a major renovation program in 2016 that addressed the roof, windows, exterior siding, decks, HVAC systems, water heaters and other building components. Additional improvements from 2021 through 2026 include updated flooring, interior renovations, exterior siding replacement and a new HVAC system, helping position the property for continued long-term ownership. Currently fully leased, the property offers immediate rental income with additional flexibility as one unit is scheduled to become available in November 2026. This upcoming vacancy presents an opportunity for an owner-occupant to occupy one residence while generating rental income from the other two, or for an investor to evaluate current market rents upon turnover. Lease expiration dates and rents: A-moving out end of November ($1300 + $125/mon), B-6/30/27 ($1300 + $125/mon), C-6/30/27 ($1300 + $125/mon). Owner pays water, but all tenants pay $125/mon fee.

Location

State NC

County Wake

Community Wayneridge

Area 1.04

Zoning R-10

Interior

Cooling Central Air

Flooring Carpet, Tile, Vinyl

Fireplace No

Exterior

Parking Features Off Street, Parking Lot

Roof Type Shingle

Garage No

Building

Story One

Water Public

New Construction No

Schools

Elementary Schools Wake County Schools

Middle Schools Wake County Schools

High Schools Wake County Schools

Others

Tax ID 078317210170

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Doorify MLS

NEARBY SCHOOL & BUSINESS

Core Realty Advisors

+1(919) 295-3660

info@coresoldit.com

5966 Fairview Rd, Suite 400, Charlotte, NC 28210, United States

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5367 Wayne ST