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209 Mill Street Unit A/B

Creedmoor, NC 27522

6 beds
4 baths
2,476 sqft
~1/2 acre lot
$157 per sqft
2003 build
– on site

ATTENTION INVESTORS! Rare Duplex (1of 5 being offered by this seller) in Creedmoor at an in place Cap Rate of 7.2% based on current rents and 2024 taxes and insurance numbers assuming a owner operated cash purchase. Creedmoor is a convenient small town to live in close to everything in downtown or a quick drive down HWY 50 to North Raleigh or out to HWY 85 and over to Durham or Chapel Hill. Being offered 100% occupied with substantially below market rents. New owners could do minor CAP X improvements like flooring and paint and push rents, or remodel the kitchen and bathrooms as well and push rents even higher and realize up to a 9.8% cap rate at the market rent of $1795 per side (estimate) fully upgraded. The current owners have made significant upgrades over the last 5 yeas with over $25K in renovations including refinished decks 2024, New HVAC systems 2020 and some new appliances. Off-street parking adds extra value, making it even more convenient for residents. Additionally, with no HOA, you save on monthly expenses and retain full control over the property. This property boasts a proven track record and excellent rental history, making it an ideal opportunity for savvy investors.

Listing courtesy of DMLS / Keller Williams Elite Realty

Last checked: Checking… • Last updated Apr 4, 2025 •

MLS# 10086712 —

The Building

Year Built:

2003
New Construction:

false
Construction Materials:

Vinyl Siding
Architectural Style:

Traditional
Roof:

Shingle
Foundation Details:

Other
Stories:

2
Levels:

Two
Basement:

true
Basement:

Crawl Space
Patio And Porch Features:

Deck
Building Area Total:

2476
Building Area Units:

Square Feet
Above Grade Finished Area:

2476
Above Grade Finished Area Units:

Square Feet
Below Grade Finished Area Units:

Square Feet
Unit Number:

A/B

Interior

Rooms Total:

14
Flooring:

Carpet

Room Dimensions

Living Area:

2476
Living Area Units:

Square Feet

Financial & Terms

Lease Term:

12 Months

Location

Directions:

via S Main St and Park Ave. Head east on W Wilton Ave toward N Main St. Turn right onto S Main St. Turn left onto Park Ave. Turn right. HOME is on the RIGHT.
Latitude:

36.119579
Longitude:

-78.684291
Coordinates:

-78.684291, 36.119579

The Property

Property Type:

Residential
Property Subtype:

Duplex
Property Attached:

true
Parcel Number:

089614321588
Lot Size Acres:

0.54
Lot Size Area:

23522.4
Lot Size SqFt:

23522.4
Lot Size Units:

Square Feet
View:

true

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

2585.21

Beds

Bedrooms Total:

6

Baths

Total Baths:

3
Total Baths:

3
Total Baths:

4
Full Baths:

2
Half Baths:

2

The Listing

Special Listing Conditions:

Standard

Heating & Cooling

Heating:

Electric
Heating:

true
Cooling:

Electric
Cooling:

true

Utilities

Sewer:

Public Sewer
Water Source:

Public

Schools

Elementary School:

Granville - Mount Energy
Middle Or Junior School:

Granville - Hawley
High School:

Granville - S Granville

The Community

Subdivision Name:

Not in a Subdivision
Association:

false
Pool Private:

false

Parking

Garage:

false
Open Parking:

true
Open Parking Spaces:

4

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/3/25 Apr 3, 2025	Listed / Active	DMLS	$389,900

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This multifamily located in Creedmoor, NC 27522 is currently for sale for $389,900. 209 Mill Street Unit A/B is a 2,476 square foot multifamily with 6 beds and 4 baths that has been on Estately for 2 days. This multifamily is in the attendance area of Mount Energy Elementary School, G C Hawley Middle School, and South Granville High School.

Listing Courtesy of: DMLS and Keller Williams Elite Realty.

Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.