Creedmoor NC Multi Family for Sale

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Type:
Duplex
Sq.Ft.:
2,500
Status:
Active
Beds:
6
Lot size:
0.61 Acres
Year built:
2003
Baths:
6.00
MLS#:
10054514
Subdivision:
Dutchville

ADDITIONAL INFORMATION

Investor special with huge Value Add potential! Current owner has long term tenants with below market 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.

Type:
Duplex
Sq.Ft.:
2,500
Status:
Active
Beds:
6
Lot size:
0.54 Acres
Year built:
2003
Baths:
4.00
MLS#:
10054505
Subdivision:
Dutchville

ADDITIONAL INFORMATION

Investor special with huge Value Add potential! Current owner has long term tenants with below market 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. 209 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 $2,999,995 with a 5.73% Cap rate. Buildings sold as part of this portfolio are listed under the following MLS numbers: 10054463, 10054486, 10054487, 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 knock on doors.

Type:
Duplex
Sq.Ft.:
2,500
Status:
Active
Beds:
6
Year built:
2003
Baths:
4.00
MLS#:
10054497
Subdivision:
Dutchville

ADDITIONAL INFORMATION

Investor special with huge Value Add potential! Current owner has long term tenants with below market rents in high growth areas. A new owner can realize a significant upside and could reach a 7.25% Cap rate with small investment on items like new flooring and paint and bringing the units up to current market rates estimated to be $1,795. Tenant's pay all utilities and there is no HOA. 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 $2,999,995 with a 5.73% 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.

Type:
Duplex
Sq.Ft.:
2,500
Status:
Active
Beds:
6
Lot size:
0.48 Acres
Year built:
2003
Baths:
4.00
MLS#:
10054486
Subdivision:
Dutchville

ADDITIONAL INFORMATION

Investor special with huge Value Add potential! Current owner has long term tenants with below market rents in high growth areas. A new owner can realize a significant upside and could reach a 7.25% Cap rate with small investment on items like new flooring and paint and bringing the units up to current market rates estimated to be $1,795. Tenant's pay all utilities and there is no HOA. This income producing duplex is part of a portfolio of 6 buildings which include 12 leased units. 204 Allen 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 $2,999,995 with a 5.73% Cap rate. Buildings sold as part of this portfolio are listed under the following MLS numbers: 10054463, 10054497, 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.

Type:
Duplex
Sq.Ft.:
2,050
Status:
Active
Beds:
6
Lot size:
0.51 Acres
Year built:
2003
Baths:
4.00
MLS#:
10054463
Subdivision:
Dutchville

ADDITIONAL INFORMATION

Investor special with huge Value Add potential! Current owner has long term tenants with below market rents in high growth areas. A new owner can realize a significant upside and could reach a 7.25% Cap rate with small investment on items like new flooring and paint and bringing the units up to current market rates estimated to be $1,795. Tenant's pay all utilities and there is no HOA. This income producing duplex is part of a portfolio of 6 buildings which include 12 leased units. 202 Allen 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 $2,999,995 with a 5.73% Cap rate. Buildings sold as part of this portfolio are listed under the following MLS numbers: 10054486 , 10054497, 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.

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Andrea Conner, License #298336, Xome Inc., License #C24582, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067


Information Not Guaranteed. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or selling. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2024 Triangle MLS, Inc. of North Carolina. All rights reserved.



Creedmoor Real Estate

The median home value in Creedmoor, NC is $350,000. This is higher than the county median home value of $258,200. The national median home value is $338,100. The average price of homes sold in Creedmoor, NC is $350,000. Approximately 81.52% of Creedmoor homes are owned, compared to 9.29% rented, while 9.19% are vacant. Creedmoor real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Creedmoor real estate agent to arrange a tour today!

Creedmoor, North Carolina has a population of 4,860. Creedmoor is more family-centric than the surrounding county with 42.47% of the households containing married families with children. The county average for households married with children is 25.41%.

The median household income in Creedmoor, North Carolina is $77,716. The median household income for the surrounding county is $60,606 compared to the national median of $69,021. The median age of people living in Creedmoor is 42 years.

Creedmoor Weather

The average high temperature in July is 88.9 degrees, with an average low temperature in January of 28.8 degrees. The average rainfall is approximately 46.7 inches per year, with 2.8 inches of snow per year.

Creedmoor Real Estate Market Conditions

  • Median sales price

    $350,000
    25% change since last quarter
  • # Active listings

    54
    30-day change

Creedmoor Schools and Demographics

Education near Creedmoor, NC

Metric City County
High School Graduates 93.17 86.06
College Degree - 2 year 19.9 10.36
College Degree - 4 year 32.26 23.37
Graduate Degree 10.31 6.01
Expenditures per Student 10,795 10,795
Students per Teacher 15.4 15.4

Elementary Schools near Creedmoor, NC

School Grades Students P/T Ratio ZIP
Butner-Stem Elementary School PK - 05 501 17.7 27509
Club Boulevard Elementary School KG - 05 503 15.3 27704
Creedmoor Elementary School PK - 05 407 16 27522
Endeavor Charter School KG - 08 512 14.6 27587
Falls Lake Academy KG - 08 421 16.9 27522
Glenn Elementary School KG - 05 644 14 27704
Heritage Elementary School PK - 05 842 15.8 27587
Holt Elementary School PK - 05 627 12.8 27704
Jones Dairy Elementary School PK - 05 793 16.1 27587
Merrick-Moore Elementary School PK - 05 704 15.2 27704
Mount Energy Elementary School PK - 05 371 15.1 27522
Richland Creek ES PK - 05 257 13.2 27587
Sandy Ridge Elementary PK - 05 629 14.2 27704
Wake Forest Charter Academy KG - 06 506 21.1 27587
Wake Forest Elementary School PK - 05 568 15.2 27587

Middle Schools near Creedmoor, NC

School Grades Students P/T Ratio ZIP
Brogden Middle School 06 - 08 638 14 27704
Butner-Stem Middle School 06 - 08 417 17.2 27509
G. C. Hawley Middle 06 - 08 627 19.8 27522
Heritage Middle School 06 - 08 1,287 17.4 27587
Lucas Middle 06 - 08 658 15.1 27704
Neal Middle School 06 - 08 857 14.2 27704
Wake Forest Middle School 06 - 08 1,021 16.9 27587

High Schools near Creedmoor, NC

School Grades Students P/T Ratio ZIP
City of Medicine Academy 09 - 12 321 13.7 27704
Granville Central High School 09 - 12 569 15.7 27581
Granville Early College High School 09 - 13 218 31.1 27522
Heritage High School 09 - 12 1,910 17.8 27587
S Granville HS of Health Life Sciences 09 - 12 455 26.8 27522
S Granville HS of Integ Tech & Lead 09 - 12 462 16.8 27522
Wake Forest High School 09 - 12 1,953 18.3 27587

Ungraded Schools near Creedmoor, NC

School Grades Students P/T Ratio ZIP
Excelsior Classical Academy UG - UG 0 27704
Franklin Academy KG - 12 1,639 15.1 27587
Lakeview School 06 - 12 89 4.5 27704
The School for Creative Studies 06 - 10 449 12.9 27704
Voyager Academy KG - 12 1,350 13.7 27704

Demographics near Creedmoor, NC

Metric City County
Neighborhood Type Small town
Population 4,860 60,854
Population Density 929 114
Median Age 42 43
People per Household 2.6 2.7
Median Household Income 77,716 60,606
Average Income per Capita 31,346 29,340