720 N Taylor Street
Wake Forest, NC 27587
Map
- – beds
- – baths
- – sqft
- 1988 build
- – on site
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Excellent investment potential: Two duplexes facing a common courtyard: 4 units total, each a 2 bedroom, 1 bath ranch style unit. Window ACs and baseboard heat-no $6000 central HVAC replacements needed, ever! City water and sewer so no well or septic problems. Simply outfitted with just stove and refrigerator yet these apartments rent quickly and stay rented. The last available unit rented in 3 days for $799, and likely could have rented for much more. Rent potential $3200+. Conveniently located near downtown Wake Forest, New metal roof in Nov. 2017. If you want an easy-to-rent property with predictable cash flow, this one may be for you! Adresses are 720, 722, 724 and 726 North Taylor Street.
Last checked:
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Last updated Jun 22, 2025
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MLS# 2536531 —
The Building
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Year Built:1988
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New Construction:false
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Construction Materials:Masonite
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Basement:Crawl Space
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Building Area Units:Square Feet
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# of Units Total:4
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Above Grade Finished Area Units:Square Feet
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Below Grade Finished Area Units:Square Feet
Interior
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Flooring:Carpet
Room Dimensions
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Living Area Units:Square Feet
Financial & Terms
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Lease Term:3 To 6 Months
Location
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Directions:Follow I-40 E to I-540 E to US-1 N/Capital Blvd in Wake County. Take exit 16 from I-540 E, Continue on US-1 N/Capital Blvd. Take NC-98 E toN Taylor St in Wake Forest
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Latitude:35.986639
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Longitude:-78.499768
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Coordinates:-78.499768, 35.986639
The Property
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Property Type:Residential Income
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Lot Features:Hardwood Trees
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Property Subtype:Duplex
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View:true
Listing Agent
- Contact info:
- Agent phone:
- (919) 274-2900
- Office phone:
- (919) 274-2900
Taxes
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Tax Annual Amount:1580
Heating & Cooling
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Heating:Baseboard
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Heating:true
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Cooling:Window Unit(s)
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Cooling:true
Utilities
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Sewer:Public Sewer
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Water Source:Public
Schools
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Elementary School:Wake - Heritage
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Middle Or Junior School:Wake - Heritage
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High School:Wake - Wake Forest
The Community
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Subdivision Name:Not in a Subdivision
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Pool Private:false
Parking
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Garage:false
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Attached Garage:false
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Carport:false
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Parking Features:Off Street
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
12/8/23
Dec 8, 2023
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Sold | DMLS | $500,000 | |
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10/13/23
Oct 13, 2023
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Pending | DMLS | $500,000 | |
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10/10/23
Oct 10, 2023
|
Listed / Active | DMLS | $500,000 |
