Two-Unit Duplex with Separate
For Sale
$239,900
204 W Holt St, Burlington, NC 27217
Each residence includes a bedroom, full bath, family room, and kitchen in a practical residential layout.
Property Size1,011 SF
Price / SF$237.29
Days on Market61
Property Features for 204 W Holt St
General Information
Standard status
Active
Size
1,011 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 1BR/1BA
Multifamily Units
2
Building Details
Year Built
1910
Buildings
1
Listing Agency:
Coldwell Banker HPW
Listed By:
Jim Allen · License #126077
(919) 573-4567
Source:
Tcrnc
Added: Aug 20
Changed: Oct 3
Last Checked: Oct 19 at 11:34AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker HPW
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Investment Insights
Based on property information with market context.
Located at 204 W Holt St, this duplex contains two separate residential units. Each unit offers 1 bedroom, 1 full bath, a family room, and a kitchen, creating a straightforward layout across the property. The building was constructed in 1910 and has a listed property size of 1011.
The property is situated near local restaurants, shopping, and everyday amenities in Burlington, North Carolina. Its two-unit configuration supports separate residential occupancy, while the individual kitchens and living areas provide functional space within each unit.
The property is situated near local restaurants, shopping, and everyday amenities in Burlington, North Carolina. Its two-unit configuration supports separate residential occupancy, while the individual kitchens and living areas provide functional space within each unit.
Key Highlights
- Two separate residential units at 204 W Holt St, Burlington, NC 27217
- Each unit includes 1 bedroom, 1 full bath, a family room, and a kitchen
- Listed property size of 1011
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,131
Cap Rate
3.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$182,620
$182.6K
Cap Rate 7%
$130,443
$130.4K
Cap Rate 9%
$101,456
$101.5K
Market Conditions
NOI Build-Up for 1,011 SF
Gross rent
$14.0K $13.80/SF
− Vacancy
−$907 −$0.90/SF
EGI
$13.0K $12.90/SF
− OpEx
−$3.9K −$3.87/SF
NOI
$9.1K $9.03/SF
Area
Alamance County, NC
Vacancy
6.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$182,620
Cap Rate 7%
$130,443
Cap Rate 9%
$101,456
Alternative Uses
Best Use
Multifamily LT 5
$130.4K
$114.1K – $152.2K
NOI $9,131 @ 7.0% cap · market cap 3.81%
Second Best
Apartment 5plus
$114.7K
$100.4K – $133.8K
NOI $8,028 @ 7.0% cap · market cap 3.35%
Theoretical Best
Office A
$333.3K
$291.7K – $388.9K
NOI $23,333 @ 7.0% cap · market cap 9.73%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
982
Businesses Nearby
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Business Placement
Demographics for 27217, NC
39,556
Population
16,392
Households
2.4
Avg Household Size
38
Median Age
15%
College-Educated
82%
High-School Grad
123.2 sq mi
ZIP Area
321
Density / Sq Mi
$50,770
Median Household Income
$34,253
Median Earnings
$859
Median Rent
$164,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence includes a bedroom, full bath, family room, and kitchen in a practical residential layout.
Where is this duplex located?
The property is located at 204 W Holt St Burlington, NC.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: Two separate residential units at 204 W Holt St, Burlington, NC 27217; Each unit includes 1 bedroom, 1 full bath, a family room, and a kitchen; Listed property size of 1011
