NC > Knightdale > Not In A Subdivision
Knightdale, NC 27545,313 Main Street
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Knightdale, NC 27545,313 Main Street
Knightdale, NC 27545,313 Main Street
Knightdale, NC 27545,313 Main Street
Knightdale, NC 27545,313 Main Street
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Nicole Prophet

Nicole Prophet

+1(919) 322-8090
Listed by Keller Williams Elite Realty
$ 439,900
Est. payment /mo
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Pending

313 Main Street Knightdale, NC 27545

6 Beds

2 Baths

2,173 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Square Footage 2,173 sqft

Price per Sqft $202

Subdivision Not In A Subdivision

MLS Listing ID 10085819

Bedrooms 6

Full Baths 2

HOA Y/N No

Abv Grd Liv Area 2,173

Originating Board Triangle MLS

Year Built 1964

Annual Tax Amount $3,500

Lot Size 0.830 Acres

Acres 0.83

Property Sub-Type Duplex

Property Description

ATTENTION INVESTORS! Rare Duplex offered in Knightdale at an in place Cap Rate of 7.2% based on current rents and 2024 taxes and insurance numbers assuming a owner operated cash purchase. Being offered 100% occupied with below market rents. Perfectly situated in a prime location within walking distance to groceries and restaurants and Knightdale Station Park. Knightdale has hundreds of jobs and good schools but is also just a short drive to downtown Raleigh on Hwy 64 or 540. The current owners have made significant upgrades with over $40K in renovations the last 2 years including a new roof in 2023 and a full gut remodel on unit 313 featuring new kitchen and bathroom cabinets and appliances and flooring. A full basement Encapsulation was done in 2023 as well, with an HVAC air handler upgrade for unit 313. All new windows throughout in 2013. Off-street parking adds extra value, making it even more convenient for residents. Additionally, with no HOA, you save on monthly expenses and retain full control over the property. This property boasts a proven track record and excellent rental history, making it an ideal opportunity for savvy investors. Also it currently has a married 2nd lot that has the potential to be developed or separated and sold, or the whole property could possibly be rezoned with surrounding area to be a mixed commercial and residential development on a trophy piece of land in Knightdale.

Location

State NC

County Wake

Direction via S First Ave. Head southeast toward Bethlehem Rd. Turn left onto Bethlehem Rd Continue onto S First Ave. Continue onto Old Knight Rd.

Rooms

Basement Crawl Space

Interior

Heating Natural Gas

Cooling Electric

Flooring Vinyl

Exterior

View Y/N Yes

Roof Type Shingle

Porch Front Porch, Porch, Rear Porch

Garage No

Private Pool No

Building

Faces via S First Ave. Head southeast toward Bethlehem Rd. Turn left onto Bethlehem Rd Continue onto S First Ave. Continue onto Old Knight Rd.

Story 1

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories 1

Structure Type Brick

New Construction No

Schools

Elementary Schools Wake - Lockhart

Middle Schools Wake - Neuse River

High Schools Wake - Knightdale

Others

Tax ID 1754330140

Special Listing Condition Standard

Doorify MLS / Triangle MLS
agent

Nicole Prophet

Broker | License ID: 313289

+1(919) 322-8090

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