417 Pearce Ave, Wake Forest, NC 27587

Beds
6
Baths
4
Sqft
2,750

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Listed byColdwell Banker Advantage
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Overview

Downtown Wake Forest Investment and/or Redevelopment Opportunity Offered in conjunction with 425 Pearce Avenue (MLS# 10142426) and 421 Pearce Avenue (MLS# 10178234 ) for a combined purchase price of $1,135,000. The offering includes three parcels totaling approximately 1.67 acres, featuring two fully leased duplexes and one tenant-occupied single-family home, providing immediate rental income with significant long-term upside. Zoned UR (Urban Residential), the properties offer outstanding redevelopment and expansion potential in one of Wake Forest's fastest-growing and most desirable locations. Each duplex features spacious 3-bedroom, 2-full-bath units, thoughtfully designed with two bedrooms on the main level and one upstairs, appealing to a wide range of tenants. This duplex is situated on a generous almost 1/2 acre lot, the property provides rare space and flexibility in a downtown setting. The lot has access to Pearce Avenue and currently shares a driveway with the neighboring duplex. A prime location close to dining, shopping, and local amenities, combined with strong rental performance and zoning advantages, makes this a compelling opportunity for investors seeking both stability and upside in one of Wake Forest's most desirable areas

Location

Full feature list

Basic info

Property type
Multi-family
Number of stories
2
Number of bedrooms
6
Number of bathrooms
4
Square feet
2,750
Lot size (acres)
0.48
Year built
2006

Interior features

Laundry
Main Level

Utilities

Heating
Heat Pump
Cooling
Central Air
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2025)
$3,820.66

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Triangle MLS MLS®#: 10142424 Last checked:

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