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309 Watson St # A/B, Creedmoor, NC 27522

$399,900

Inviting two-story duplex with black shutters and a wooded front yard at 309 Watson St # A/B, Creedmoor, NC 27522
  • Bedrooms

    6

  • Baths

    6

  • Sq. Feet

    2476

  • Year Built

    2003

  • Days On Market

    3

  • $/SqFt

    $162

13 Photos

  • Inviting two-story duplex with black shutters and a wooded front yard at 309 Watson St # A/B, Creedmoor, NC 27522
  • Open-concept living room featuring wood-look floors, bright windows, and a ceiling fan at 309 Watson St # A/B, Creedmoor, NC 27522
  • Spacious living room with wood-look floors, a ceiling fan, and neutral paint at 309 Watson St # A/B, Creedmoor, NC 27522
  • Functional kitchen featuring wood cabinets, modern backsplash, and white appliances at 309 Watson St # A/B, Creedmoor, NC 27522
  • Bathroom featuring a glass door shower and wood vanity with sink at 309 Watson St # A/B, Creedmoor, NC 27522
  • Neutral bedroom with plush carpet, a ceiling fan, and a large window at 309 Watson St # A/B, Creedmoor, NC 27522
  • Bathroom with a tub and shower combo, vanity with sink, and modern commode at 309 Watson St # A/B, Creedmoor, NC 27522
  • Bedroom with carpet, a large window, and neutral walls at 309 Watson St # A/B, Creedmoor, NC 27522
  • Half bathroom with a single vanity and shelving near the laundry connections at 309 Watson St # A/B, Creedmoor, NC 27522
  • Bedroom featuring a neutral paint palette and carpet at 309 Watson St # A/B, Creedmoor, NC 27522
  • View of backyard with wooden deck and stairs leading to a spacious grassy area surrounded by lush greenery at 309 Watson St # A/B, Creedmoor, NC 27522
  • Exterior shot showing two-story home with backyard decks and stairs leading to the grassy area at 309 Watson St # A/B, Creedmoor, NC 27522
  • Building sketch with dimensions showing the layout of each unit with living spaces, bedrooms, and kitchens at 309 Watson St # A/B, Creedmoor, NC 27522
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Home Description

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.

  • # Fireplaces: 0
  • Flooring: Carpet,Vinyl
  • Full Baths: 4
  • Half Baths: 2
  • Basement: Crawl Space
  • Construction Materials: Vinyl Siding
  • Roof: Shingle
  • Foundation: Other
  • Patio/Porch: Deck,Front Porch,Porch
  • Lot Size Acres: 0.61

Available now at $399,900

Approximate Room Sizes/Locations

Dining Room9.00 x 13.00Main
Dining Room9.00 x 13.00Main
Entrance Hall8.00 x 9.00Main
Entrance Hall8.00 x 9.00Main
Kitchen10.00 x 9.60Main
Kitchen10.00 x 9.60Main
Living Room10.20 x 19.20Main
Living Room10.20 x 19.20Second
  • Property Type: Duplex
  • Style: Traditional
  • Levels: Two
  • New Construction: No
  • Heating: Electric
  • Cooling: Electric
  • Water Source: Public
  • Sewer: Public Sewer
  • Total HOA Dues: $0.00
  • Annual Taxes: $2,546.71
  • Listing Office: Keller Williams Elite Realty
  • List Status: Active

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School Information

  • Elementary:Granville - Mount Energy
  • Middle School:Granville - Hawley
  • High School:Granville - S Granville

Financial

  • Approx Payment:$1,945*

Area Stats

These statistics are updated daily from the Triangle Multiple Listing Services, Inc. For further analysis or to obtain statistics not shown below please call Highgarden Real Estate at (713) 298-4147 and speak with one of our real estate consultants.

Listing Courtesy of Keller Williams Elite Realty. For information or to schedule a viewing of this property (MLS# 10086718), call: 713-298-4147

309 Watson St # A/B, Creedmoor NC is a single family home of 2476 sqft and is currently priced at $399,900 . This single family home has 6 bedrooms. In addition to single family homes, Highgarden also makes it easy to find Homes, Condos and New Homes in Creedmoor, NC. Amberleaf, Wilson Place and Lyons Place are nearby neighborhoods. MLS 10086718 has been posted on this site since 4/3/2025 (today).

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. Listings last updated 4/4/2025.

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