tomo logo

$825,000

Beds
2
Baths
1.5
sq ft
978

228 Adams Street, Cary, NC 27513

228 Adams Street

Cary, NC 27513

  • <1 day on market
Location, Location, Location! Ever dreamed of being a landlord? Maybe you want to develop a brand new lifestyle option close to the popular downtown Cary location. So many options with this unique opportunity. No need to have a plan finalized now as the triplex is rent generating currently. Keep the homes occupied while you decide what the future holds. One owner for the past 39 years!! TWO leases are MTM @ $1195 and 1 expires soon and can go MTM, currently paying $1025. Seller financing offers will be considered.

Details

Property type

Triplex

Lot size

0.36 acres

Price per sq ft

$844

Year built

1981

Annual property taxes

$2,429

Price History

03/04/2025
TriangleMLS

TriangleMLS #10079825

Listed
$825,000
-5.71%
02/01/2025
TriangleMLS

TriangleMLS #10050509

Removed
$875,000
09/04/2024
TriangleMLS

TriangleMLS #10050509

Listed
$875,000

Schools & Community

Elementary school: 

Wake County Schools

Middle school: 

Wake County Schools

High school: 

Wake County Schools

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Branch Banking And Trust Co

Loan start date

January 2006

Original loan amount

$150,000

Est. remaining balance

$0

Interest rate

5.87%

Loan type

Not Provided, 15 year

Seller

Terrence V Burroughs

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/04/2025 at 5:10 AM

Listing updated: 03/04/2025 at 4:05 AM

Listed by: Paige Rogalski, Fathom Realty NC, LLC Phone #: (888) 455-6040

MLS: TriangleMLS #10079825

TriangleMLS logo

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