207 E Mill Street #A - B Creedmoor, NC 27522
6 Beds
4 Baths
2,500 SqFt
UPDATED:
11/23/2024 11:07 PM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $184
Subdivision Dutchville
MLS Listing ID 10054497
Style Duplex
Bedrooms 6
Full Baths 2
Half Baths 2
HOA Y/N No
Abv Grd Liv Area 2,500
Originating Board Triangle MLS
Year Built 2003
Annual Tax Amount $4,248
Property Description
This income producing duplex is part of a portfolio of 6 buildings which include 12 leased units. 207 E. Mill St includes Unit A & B, each features 3 beds 1.5 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, 10054505, 10054514, 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 kock on the doors of these units.
Location
State NC
County Granville
Direction 1 min from downtown Creedmoor Head southwest on S Main St toward Douglas Dr 0.2 mi Turn left onto E Mill St Destination will be on the left 0.1 mi 22 min from downtown Durham Get on I-85 N/US-15 N/US-70 E from N Roxboro St 5 min (2.0 mi) Follow I-85 N to US-15 N in Granville County. Take exit 186A from I-85 N/US-15 N 7 min (8.2 mi) Continue straight onto US-15 N 292 ft Continue straight to stay on US-15 N 5.1 mi Turn right onto Fleming St 0.3 mi Turn right onto N Main St 456 ft Turn left onto E Mill St Destination will be on the left 0.1 mi
Rooms
Other Rooms None
Interior
Heating Central
Cooling Central Air
Flooring Carpet, Vinyl
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Exterior Feature None
Fence None
Pool None
Community Features None
Utilities Available Cable Connected, Electricity Connected, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Shingle
Porch Deck, Front Porch
Private Pool No
Building
Faces 1 min from downtown Creedmoor Head southwest on S Main St toward Douglas Dr 0.2 mi Turn left onto E Mill St Destination will be on the left 0.1 mi 22 min from downtown Durham Get on I-85 N/US-15 N/US-70 E from N Roxboro St 5 min (2.0 mi) Follow I-85 N to US-15 N in Granville County. Take exit 186A from I-85 N/US-15 N 7 min (8.2 mi) Continue straight onto US-15 N 292 ft Continue straight to stay on US-15 N 5.1 mi Turn right onto Fleming St 0.3 mi Turn right onto N Main St 456 ft Turn left onto E Mill St Destination will be on the left 0.1 mi
Story 2
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Transitional
Level or Stories 2
Structure Type Vinyl Siding
New Construction No
Others
Tax ID 089614321673
Special Listing Condition Standard
