309311 Watson St Creedmoor, NC 27522

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309311 Watson St Creedmoor, NC 27522
309311 Watson St Creedmoor, NC 27522
309311 Watson St Creedmoor, NC 27522
309311 Watson St Creedmoor, NC 27522

309311 Watson St Creedmoor, NC 27522

  • Price $520,000
  • Beds 6
  • Baths 6.00
  • Sq.Ft. 2,500
  • Acres 0.61
  • Year 2003
  • Day 1
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Status: Active

Investor Special With Huge Value Add Potential! Current Owner Has Long Term Tenants With Below Mark et Rents In High Growth Areas. A New Owner Can Realize A Significant Upside And Could Reach A 7.25% Cap Rate With Small Investment In Items Like New Flooring And Paint And Bringing The Units Up To Current Market Rates Estimated To Be $1,795. This Income Producing Duplex Is Part Of A Portfolio Of 6 Buildings Which Include 12 Leased Units. 309 And 311 Watson St Include 2 Units In The Same Duplex, Each Features 3 Beds 2.5 Baths Each And A Total Of 2,500 Square Feet . This Property Can Only Be Sold As Part Of The Portfolio Listed At $2,999,995 With A 5.73% Cap Rate. Buildings Sold As Part Of This Portfolio Are Listed Under The Following Mls Numbers: 10054463, 10054486, 10054497, 10054505, 10054522 Creedmoor, Nc, Is A Charming Small Town In Granville County Experiencing Steady Growth Due To Its Proximity To Major Metropolitan Areas Like Raleigh And Durham, Both Just A 22 -minute Drive Away. It's Conveniently Located Near I-85, Hwy 50, And Hwy 98, With Additional Benefits From The Completion Of I-885, Enhancing Connectivity To The Region. Known For Its Peaceful Atmosphere And Affordable Living, Creedmoor Is Attracting Individuals Seeking Suburban Comfort With Easy Access To Urban Amenities. The Town Benefits From Steady Employment Opportunities In Nearby Research Triangle Park And The Greater Raleigh-durham Area, Driving Local Job Growth. Creedmoor's Tight-knit Community And Scenic Surroundings Make It A Desirable Place To Live While Staying Connected To The Triangle's Economic Hub. Investing In Income-producing Duplexes Is A Smart Move, Especially In Today's Market. Duplexes Offer The Unique Advantage Of Generating Rental Income From Two Units On A Single Property, Increasing Your Cash Flow Potential. As Demand For Affordable Housing Continues To Rise, Particularly In Growing Markets Like The Triangle, Duplexes Appeal To Both Tenants And Investors Due To Their Affordability And Versatility. Please No Tours As Tenants Do Not Want Property Shown. Tours By Appointment Only. Do Not Knock On The Doors.

Home Details

309311 Watson St Creedmoor, NC 27522

  • Status Active
  • MLS® # 10054514
  • Price $520,000
  • Listing Date 09-24-2024
  • Bedrooms 6
  • Bathrooms 6.00
  • Full Baths 4
  • Half Baths 2
  • Square Footage 2,500
  • Acres 0.61
  • Year Built 2003
  • Unit Number 309 & 311
  • Type Residential Income
  • Sub-Type Duplex

Community Information For 309311 Watson St Creedmoor, NC 27522

Amenities For 309311 Watson St Creedmoor, NC 27522

  • Garages Driveway, gravel

Interior

  • Heating Central
  • Cooling Central Air
  • Fireplace No

Exterior

  • Exterior Vinyl Siding
  • Roof Shingle
  • Foundation Block

Additional Information

  • Date Listed September 24th, 2024
  • Styles Transitional

Listing Details

  • Listing Office Keller Williams Realty
  • Listing Phone 919-676-0600

Financials

  • $/SqFt $208

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This beautiful 6 beds 6.00 baths home is located at 309311 Watson St Creedmoor, NC 27522 and is listed for $520,000. The home was built in 2003, contains 2500 sqft of living space, and sits on a 0.61 acre lot. This Residential home is priced at $208 per square foot and has been on the market since September 25th, 2024. with sqft of living space.

If you'd like to request more information on 309311 Watson St Creedmoor, NC 27522, please call us at 919-249-8536 or contact us so that we can assist you in your real estate search. To find similar homes like 309311 Watson St Creedmoor, NC 27522, you can find other homes for sale in Creedmoor, the neighborhood of Dutchville, or 27522 click the highlighted links, or please feel free to use our website to continue your home search!

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