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
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 $461,000
  • Beds 6
  • Baths 6.00
  • Sq.Ft. 2,500
  • Acres 0.61
  • Year 2003
  • Days 63
  • Save
  • Social
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 Prcnt 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 $2,695,000 With A 6 Prcnt 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 The Property Shown. Tours By Appointment Only. Do Not Knock On The Doors Of These Units.

Home Details

309311 Watson St Creedmoor, NC 27522

  • Status Active
  • MLS® # 10054514
  • Price $461,000
  • Listed Date 09-25-2024
  • 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 Duplex

Property History

  • Date 23/11/2024
  • Details Price Reduced (from $461,000)
  • Price $461,000
  • Change 0 ($0.00%)

Community Information For 309311 Watson St Creedmoor, NC 27522

Amenities For 309311 Watson St Creedmoor, NC 27522

  • Garages Driveway, Gravel

Interior

  • Heating Central

Exterior

  • Construction Active

Additional Information

  • Date Listed September 24th, 2024

Listing Details

  • Listing Office Keller Williams Realty

Financials

  • $/SqFt $184

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Home details on 309311 Watson St Creedmoor, NC 27522:

This beautiful 6 beds 6.00 baths home is located at 309311 Watson St Creedmoor, NC 27522 and listed at $461,000 with 2500 sqft of living space.

309311 Watson St was built in 2003 and sits on a 0.61 acre lot. This home is currently priced at $184 per square foot and has been on the market since September 25th, 2024.

If you’d like to request more information on 309311 Watson St please contact us to assist you with your real estate needs. To find similar homes like 309311 Watson St simply scroll down or you can find other homes for sale in Creedmoor, the neighborhood of Dutchville or in 27522. By clicking the highlighted links you will be able to find more homes similar to 309311 Watson St. Please feel free to reach out to us at any time for help and thank you for using the uphomes website!

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