5363 Wayne Street

Raleigh, NC 27606

$645,000
Price
6
Beds
6
Baths
3
1/2 Baths
3,072 Sq. Ft.
$210 / Sq. Ft.
3,072
Sq. Ft.
$210
per Sq. Ft.

Description

Excellent ranch-style triplex investment opportunity in Southwest Raleigh! 2BD/2BA apartments feature an open floor plan; 2 spacious bedrooms and a deck w/ storage unit. All apartments are occupied: Apt A -$1150/mo - expires 01/31/25 - moved in 01/2019; Apt B - $1120/mo - expires-04/30/25 - moved in 08/2020; Apt C- $1340/mo - expires 12/31/24 -moved in 12/2022. Triplex is on a central water meter. Each apartment reimburses $55/mo for water. Triplex has vinyl siding and architectural shingled roof...Excellent ranch-style triplex investment opportunity in Southwest Raleigh! 2BD/2BA apartments feature an open floor plan; 2 spacious bedrooms and a deck w/ storage unit. All apartments are occupied: Apt A -$1150/mo - expires 01/31/25 - moved in 01/2019; Apt B - $1120/mo - expires-04/30/25 - moved in 08/2020; Apt C- $1340/mo - expires 12/31/24 -moved in 12/2022. Triplex is on a central water meter. Each apartment reimburses $55/mo for water. Triplex has vinyl siding and architectural shingled roof which were both installed in 2018 and the front porches were rebuilt in 2023. Great location behind Crossroads Plaza shopping center and very convenient to I-440 and downtown Raleigh!
  1. Listed by Diane K Murdock • Raleigh Investment Real Estate
  2. Listed by Scott E Snyder • Raleigh Investment Real Estate

Property Details for 5363 Wayne Street

Subdivision
Wayneridge

Location

Listing Courtesy of Raleigh Investment Real Estate
Add your commute
LISTING UPDATED: 04/16/2024 10:20 AM

Property Details for 5363 Wayne Street

StatusActive
MLS #10018955
Days on Market36
Taxes$3,272 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1984
Lot Size0.85 AC / 37,026 SF
CountyWake County

Location

Listing Courtesy of Raleigh Investment Real Estate
Add your commute

Building Information for 5363 Wayne Street

Stories-Residences3Year Built1984Building Size-Lot Size0.85 AC / 37,026 SF

Payment Calculator

$3,793 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,520

Property Taxes

$273

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5363 Wayne Street

Summary
Location and General Information
  • Directions: From I-440 take Jones Franklin toward Cary, turn left on Wayne St, property is on the right
  • Subdivision Name: Wayneridge
  • Latitude: 35.758703
  • Longitude: -78.723064
  • Road Frontage Type: City Street
Taxes and HOA Information
  • Tax Annual Amount: $3,272.00
  • City Limits Of: Raleigh
  • City Limits YN: Yes
  • Lot Number: 12
  • Restrictive Covenants YN: No
Contract Information
  • Comp Sale YN: No
  • Lease Expiration Date: 2025-01-31
  • Property Leased YN: Yes
Parking
  • Open Parking: Yes
  • Parking Features: Off Street
  • Attached Garage: No
  • Garage: No
Property
Lot Information
  • Building Area Total: 3072.0
  • Architectural Style: Ranch
  • Total Other Area Sq Ft: 0
  • Parcel Number: 12
  • Structure Type: Site Built
Property and Assessments
  • New Construction: No
  • Photos Count: 17
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Units: Square Feet
  • Senior Community: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Connected, Water Available, Water Connected
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer, Electricity Available, Sewer Connected, Water Available, Water Connected
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Roof: Shingle
  • New Construction Type: Vinyl Siding, Site Built
Interior Features
  • Levels: One
  • Fireplace Features: Family Room
  • Fireplace Y N: Yes
  • Fireplaces Total: 3
  • Flooring: Carpet, Laminate, Linoleum
  • Cooling: Central Air
  • Cooling?: Yes
  • Heating: Central, Heat Pump
  • Heating?: Yes
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Laundry Features: Washer Hookup
  • Interior Features: Bathtub/Shower Combination, Ceiling Fan(s), Dining L, Open Floorplan, Shower Only, See Remarks
  • Spa: No
  • Equipment Appliances: Dishwasher, Electric Range, Refrigerator
  • Interior: Electricity Available, Sewer Connected, Water Available, Water Connected, Off Street, Vinyl Siding, Washer Hookup
  • Equipment: Dishwasher, Electric Range, Refrigerator, Washer Hookup, Off Street
Multi Family
Unit Information
  • Total Units: 3
Agent
Sale and Listing
  • Property Class Name: CrossProperty
Rental
Rental Information
  • Lease Term: 12 Months
  • TenantPays: All Utilities
Units Information
Unit One
  • Unit One: Actual Rent: 1150.0
  • Unit One: Baths Total: 2.0
  • Unit One: Beds Total: 2.0
  • Unit One: Unit Type Pro Forma: 1350
Unit Two
  • Unit Two: Actual Rent: 1120.0
  • Unit Two: Baths Total: 2.0
  • Unit Two: Beds Total: 2.0
  • Unit Two: Unit Type Pro Forma: 1350
Unit Three
  • Unit Three: Actual Rent: 1340.0
  • Unit Three: Baths Total: 2.0
  • Unit Three: Beds Total: 2.0
  • Unit Three: Unit Type Pro Forma: 1350

Property History for 5363 Wayne Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5363 Wayne Street

Taxable ValueLand$60,000Additions$234,690Total$294,690
Tax Record2023$3,272 ($273 / month)
Home Facts
Total Finished SqFt3,000 SqFtAbove Grade Finished SqFt3,000 SqFtStories1Lot Size37,026 SqFtStyleTriplexYear Built1984ZoningCMCountyWAKEAPN0783.17-21-1250 0128850Fireplace TypeHas Fireplace

Schools near 5363 Wayne Street

This home is within Wake County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Dillard Drive Elementary
PublicPK to 5

Dillard Drive Middle
Public6 to 8

Athens Drive High
Public9 to 12

Crossroads FLEX
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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5363 Wayne Street is a multi-family home for sale in Raleigh, NC 27606. This property was listed for sale on March 23, 2024 by Raleigh Investment Real Estate, it's currently listed at $645,000. It has been on the market for a total of 36 days and was last sold on August 16, 2011. This listing's school district is Wake County School District. Nearby schools include Dillard Drive Elementary, Dillard Drive Middle and Athens Drive High. 5363 Wayne Street is a 6-bed, 7.5-bath, 3,072 sqft multi-family home built in 1984.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Raleigh Investment Real Estate

Listings marked with an icon are provided in part courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Listings are also provided in part by the IDX program of Longleaf Pine REALTORS and Alamance MLS. Copyright 2024 Triangle MLS, Inc. of North Carolina. Copyright 2024 Longleaf Pine REALTORS. Copyright 2024 Alamance MLS. All rights reserved. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s). Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA competitive or home valuation of any property.