721 King ST, Cary, NC 27513
721 King ST, Cary, NC 27513
721 King ST, Cary, NC 27513
721 King ST, Cary, NC 27513
721 King ST, Cary, NC 27513
721 King ST, Cary, NC 27513
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Listed by Compass -- Raleigh
$ 345,000
Est. payment | /mo

3 Beds

3 Baths

1,712 SqFt


Save
$ 345,000
Est. payment | /mo
Save

3 Beds

3 Baths

1,712 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,712 sqft

Price per Sqft $201

Subdivision Oakwood Heights

MLS Listing ID 10203055

Style Ranch,Tudor

Bedrooms 3

Full Baths 3

HOA Y/N No

Year Built 1975

Annual Tax Amount $3,727

Lot Size 0.320 Acres

Acres 0.32

Property Sub-Type Single Family Residence

Source Doorify MLS

Land Area 1712

Property Description

Prime Downtown Cary Renovation Opportunity in Oakwood Heights! Bring your vision and your contractor to this rare fixer-upper located just blocks from the heart of Downtown Cary, Downtown Cary Park, Academy Street dining, breweries, and the Cary Train Depot. The heavy demolition is already behind you—the interior is largely gutted and ready for your custom layout and finishes.

Major value-adds already completed: 80% of the sub-flooring has been replaced, with extra structural reinforcement added beneath the kitchen and bathrooms. Plus, enjoy peace of mind on big-ticket mechanicals with an approximately 5-year-old HVAC system (furnace & central A/C) and a ~10-year-old roof. Whether you are an investor looking for your next high-ROI flip or an owner-occupant ready to design a custom home in one of the Triangle's most sought-after walkable neighborhoods, 721 King Street is a clean slate with massive upside. Property is being sold strictly AS-IS; showings by appointment only. Agents, please read private remarks for additional disclosure items. The Good: Roof is ~10 Years Young with Architectural Shingles, 5 Year Old HVAC System with High Efficiency Condensing Furnace and Smart Thermostat, 80% of the Sub Floor was replaced with Floor Joists Replaced or Sistered in "heavy/wet" areas. Tankless Natural Gas Water Heater circa 2011. Partially gutted to save you time and money in your renovation efforts!

The Bad: Crawlspace could use a vapor barrier, the front steps have settled and need to be re-built or adjusted, some siding is deteriorated and needs to be replaced, some downspouts are missing from the gutters, the chain link fence is damaged in some areas, the retaining wall landscape timbers are deteriorated, and the home has Aluminum Wiring.

The Vibe: This was once a loved and cared-for family home that fell on hard times, but the potential is here for an incredible ranch in a highly-desirable area. The stage has been set, the debris has been cleared, and the house is ready to be transformed - just in time for the Spring market. Good bones and a blank slate! Come and make it yours today.

Location

State NC

County Wake

Community Oakwood Heights

Area 0.32

Zoning R8

Rooms

Main Level Bedrooms 3

Interior

Interior Features Beamed Ceilings, Ceiling Fan(s), Crown Molding, Entrance Foyer, High Ceilings, Pantry, Recessed Lighting, Smart Thermostat, Vaulted Ceiling(s), Walk-In Closet(s)

Heating Wall Furnace

Cooling Ceiling Fan(s), Central Air, Electric, Wall/Window Unit(s), Window Unit(s)

Flooring Concrete, Wood, None, See Remarks

Equipment None

Fireplace No

Appliance None

Laundry In Kitchen, Washer Hookup, Electric Dryer Hookup

Exterior

Exterior Feature Fenced Yard, Private Yard, Rain Gutters

Parking Features Attached, Concrete, Driveway, No Garage, Parking Pad, Paved

Garage Spaces 2.0

Fence Fenced, Fenced Yard

Utilities Available Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected, Underground Utilities

View Trees/Woods, Neighborhood

Roof Type Shingle, Asphalt, Architectural Shingle

Total Parking Spaces 2

Garage No

Building

Lot Description Back Yard, Gentle Sloping, Hardwood Trees, Native Plants, Partially Cleared, Rectangular Lot, Rolling Slope, Sloped, Sloped Down

Story One

Foundation Raised

Water Public

Architectural Style Ranch, Tudor

New Construction No

Schools

Elementary Schools Wake - Weatherstone Elementary

Middle Schools Wake - East Cary Middle

High Schools Wake - Cary High

Others

Senior Community No

Tax ID 076417011807000 0092798

Acceptable Financing Cash, Conventional, FHA Eligibility

Listing Terms Cash, Conventional, FHA Eligibility

Doorify MLS

Schools and Properties Nearby

Katti-Lyn Battaglia

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721 King ST