For Sale
$2,999,995

202 Allen StCreedmoor, NC 27522

12 Units, 100% Occupancy, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents a portfolio of six duplexes, totaling twelve units, situated across two prime locations in Creedmoor and Garner, North Carolina. Spanning 3.08 acres, the property boasts a substantial 14,552 square feet of combined space. Currently operating at 100% occupancy, this fully leased multifamily property offers immediate and substantial rental income. The six buildings, each a two-story structure, are strategically located in Granville and Wake Counties, providing access to the growing Triangle area. The property's 12 units offer a significant number of bedrooms, making it an attractive option for a wide range of tenants. The asking price is $2,999,995, representing a compelling value for a fully occupied, multi-unit property in a high-growth market. This portfolio presents a rare chance to acquire a stable, high-yielding investment with significant potential for future appreciation. The property's strong occupancy rate and prime locations in rapidly developing areas make it an ideal investment for both seasoned and aspiring real estate investors seeking a diversified portfolio with immediate returns. Detailed financial information and property specifics are available upon request. This is a turnkey investment ready for immediate income generation.

Highlights

  • Six-duplex portfolio totaling 14,552 square feet.
  • 3.08-acre land parcel.
  • 34 bedrooms across all units.

Property Details for 202 Allen St

Property type
Mixed-use properties
Square Feet
14,552 SF
Buildings
6
Stories
2
Lot Size (sq. ft)
134,165 SF
Units
12

Location Insight

City
Creedmoor
County
Granville
State
North Carolina
Latitude
36.1176898
Longitude
-78.6804171
202 Allen St, Creedmoor, North Carolina

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202 Allen St
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