209 E Mill St, Unit A/B

Creedmoor, NC 27522

$395,000
Last Sold Price
6
Beds
2,476 Sq. Ft.
$160 / Sq. Ft.
2,476
Sq. Ft.
$160
per Sq. Ft.

Description

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...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.
  1. Listed by Matt Perry • Keller Williams Elite Realty

Property Details for 209 East Mill Street, Unit A/B

View
Yes
Subdivision
Not in a Subdivision
LISTING UPDATED: 07/01/2025 03:59 PM

Property Details for 209 East Mill Street, Unit A/B

StatusClosed
MLS #10086712
Days on Market46
Taxes$4,288 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential / Duplex
Year Built2003
Lot Size0.54 AC / 23,522 SF
CountyGranville County

Location

Listing Courtesy of Keller Williams Elite Realty

Sold By EXP Realty LLC

Add your commute

Building Information for 209 East Mill Street, Unit A/B

Stories2Residences-Year Built2003Building Size-Lot Size0.54 AC / 23,522 SF

Payment Calculator

$2,427 per month

30 year fixed, 6.845% Interest

Principal and Interest

$2,070

Property Taxes

$357

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 209 East Mill Street, Unit A/B

Summary
Location and General Information
  • 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.
  • Subdivision Name: Not in a Subdivision
  • Latitude: 36.119579
  • Longitude: -78.684291
Taxes and HOA Information
  • Association: No
  • Tax Annual Amount: $4,287.82
  • City Limits Of: Creedmoor
  • City Limits YN: Yes
  • Lot Number: 1
  • Restrictive Covenants YN: No
Contract Information
  • Lease Expiration Date: 2026-04-30
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: Yes
  • Years Owned: 1 or More Year(s)
School Information
  • Elementary School: Granville - Mount Energy
  • High School: Granville - S Granville
Parking
  • Open Parking: Yes
  • Garage: No
Property
Lot Information
  • Building Area Total: 2476.0
  • Architectural Style: Traditional
  • Total Other Area Sq Ft: 0
  • Parcel Number: 089614321588
  • Enhanced Accessible: No
  • Primary Residence YN: No
  • Sold PriceList Price: 1.01
Property and Assessments
  • New Construction: No
  • Photos Count: 13
  • Property Attached: Yes
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Units: Square Feet
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
  • Foundation Details: Other
  • Patio And Porch Features: Deck, Front Porch
  • Pool Private: No
  • Roof: Shingle
  • New Construction Type: Vinyl Siding
Interior Features
  • Levels: Two
  • Stories: 2
  • Basement Description: Crawl Space
  • Flooring: Carpet, Vinyl
  • Cooling: Electric
  • Cooling?: Yes
  • Heating: Electric
  • Heating?: Yes
  • Interior: Vinyl Siding
Room Information
Room Information
  • Rooms Total: 14.0
Room 1
  • Room Dimensions: 13.4 x 10.3
  • Room Width: 10.3
  • Room Length: 13.4
  • Room Level: Second
  • Room Type: Primary Bedroom
Room 2
  • Room Dimensions: 8 x 9
  • Room Width: 9.0
  • Room Length: 8.0
  • Room Level: Main
  • Room Type: Entrance Hall
Room 3
  • Room Dimensions: 10 x 9.6
  • Room Width: 9.6
  • Room Length: 10.0
  • Room Level: Main
  • Room Type: Kitchen
Room 4
  • Room Dimensions: 9 x 13
  • Room Width: 13.0
  • Room Length: 9.0
  • Room Level: Main
  • Room Type: Dining Room
Room 5
  • Room Dimensions: 10.2 x 19.2
  • Room Width: 19.2
  • Room Length: 10.2
  • Room Level: Main
  • Room Type: Living Room
Room 6
  • Room Dimensions: 10.5 x 9.5
  • Room Width: 9.5
  • Room Length: 10.5
  • Room Level: Second
  • Room Type: Bedroom 2
Room 7
  • Room Dimensions: 10.5 x 9.3
  • Room Width: 9.3
  • Room Length: 10.5
  • Room Level: Second
  • Room Type: Bedroom 3
Room 8
  • Room Dimensions: 8 x 9
  • Room Width: 9.0
  • Room Length: 8.0
  • Room Level: Main
  • Room Type: Entrance Hall
Room 9
  • Room Dimensions: 10 x 9.6
  • Room Width: 9.6
  • Room Length: 10.0
  • Room Level: Main
  • Room Type: Kitchen
Room 10
  • Room Dimensions: 9 x 13
  • Room Width: 13.0
  • Room Length: 9.0
  • Room Level: Main
  • Room Type: Dining Room
Room 11
  • Room Dimensions: 10.2 x 19.2
  • Room Width: 19.2
  • Room Length: 10.2
  • Room Level: Main
  • Room Type: Living Room
Room 12
  • Room Dimensions: 13.4 x 10.3
  • Room Width: 10.3
  • Room Length: 13.4
  • Room Level: Second
  • Room Type: Primary Bedroom
Agent
Sale and Listing
  • Property Class Name: CrossProperty
Rental
Rental Information
  • Lease Term: 12 Months

Property History for 209 East Mill Street, Unit A/B

DateEvent & SourcePriceAppreciation
Jul 1, 2025

Sold

TRIANGLEMLS #10086712

$395,000—
Jul 1, 2025

Pending

TRIANGLEMLS #10086712

—
Apr 3, 2025

Listed (Active)

TRIANGLEMLS #10086712

$389,900—
Jan 2, 2025

Expired

TRIANGLEMLS #10054505

—
Nov 23, 2024

Price Change

TRIANGLEMLS #10054505

$461,000—
Sep 24, 2024

Listed (Active)

TRIANGLEMLS #10054505

$520,000—
Nov 11, 2010

Expired

TRIANGLEMLS #1726811

—
Nov 10, 2010

Expired

AMLS #1726811

$178,000—
May 14, 2010

Listed (Active)

AMLS #1726811

$178,000—
May 14, 2010

Listed (Active)

TRIANGLEMLS #1726811

$178,000—
May 6, 2010

Expired

TRIANGLEMLS #1694077

—
May 5, 2010

Expired

AMLS #1694077

$178,000—
Nov 5, 2009

Listed (Active)

AMLS #1694077

$178,000—
Nov 5, 2009

Listed (Active)

TRIANGLEMLS #1694077

$178,000—
DateEvent & SourcePrice
07/01/2025

Sold

TRIANGLEMLS #10086712

$395,000
07/01/2025

Pending

TRIANGLEMLS #10086712

—
04/03/2025

Listed (Active)

TRIANGLEMLS #10086712

$389,900
01/02/2025

Expired

TRIANGLEMLS #10054505

—
11/23/2024

Price Change

TRIANGLEMLS #10054505

$461,000
09/24/2024

Listed (Active)

TRIANGLEMLS #10054505

$520,000
11/11/2010

Expired

TRIANGLEMLS #1726811

—
11/10/2010

Expired

AMLS #1726811

$178,000
05/14/2010

Listed (Active)

AMLS #1726811

$178,000
05/14/2010

Listed (Active)

TRIANGLEMLS #1726811

$178,000
05/06/2010

Expired

TRIANGLEMLS #1694077

—
05/05/2010

Expired

AMLS #1694077

$178,000
11/05/2009

Listed (Active)

AMLS #1694077

$178,000
11/05/2009

Listed (Active)

TRIANGLEMLS #1694077

$178,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 209 East Mill Street, Unit A/B

This home is within Granville County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Mount Energy Elementary
PublicPK to 5

G C Hawley Middle
Public6 to 8

South Granville High School
Public9 to 12

Creedmoor Elementary
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Keller Williams Elite Realty

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