309 Watson Street Unit A/B
Creedmoor, NC 27522
- 6 beds
- 6 baths
- 2,476 sqft
- ~1/2 acre lot
- $161 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 7.3% 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 new paint and stainless appliances 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 $50K in renovations including refinished decks 2024, In both units all new LVP flooring downstairs and bathrooms and new carpet upstairs in 2023 as well as a few new appliances in last 5 years. New HVAC systems in both units in 2020. 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.
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Apr 4, 2025
•
MLS# 10086718 —
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. Head east on W Wilton Ave toward N Main St. Turn right onto S Main St. Turn right Turn right. HOME is on the LEFT.
-
Latitude:36.118394
-
Longitude:-78.681705
-
Coordinates:-78.681705, 36.118394
The Property
-
Property Type:Residential
-
Property Subtype:Duplex
-
Property Attached:true
-
Parcel Number:089618420240
-
Lot Size Acres:0.61
-
Lot Size Area:26571.6
-
Lot Size SqFt:26571.6
-
Lot Size Units:Square Feet
-
View:true
Listing Agent
- Contact info:
- Agent phone:
- (919) 818-7016
- Office phone:
- (984) 244-5830
Taxes
-
Tax Annual Amount:2546.71
Beds
-
Bedrooms Total:6
Baths
-
Total Baths:5
-
Total Baths:5
-
Total Baths:6
-
Full Baths:4
-
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
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/3/25
Apr 3, 2025
|
Listed / Active | DMLS | $399,900 |