202 Allen St Creedmoor, NC 27522
- Commercial real estate
- 14,552 SF
- 3.08 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 202 Allen St
- Lot size
- 3.08 lot acres
- Property size
- 14,552 SF
- Property type
- Commercial real estate
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Creedmoor
- County
- Granville
- State
- North Carolina
- Longitude
- -78.6804171
- Latitude
- 36.1176898
