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Key Details
Sold Price $930,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Subdivision Not In A Subdivision
MLS Listing ID 2505988
Sold Date 07/27/23
Originating Board Triangle MLS
Year Built 1961
Annual Tax Amount $4,342
Property Description
ATTENTION INVESTORS! Rare opportunity to own a triplex in Holly Springs, named one of the best and safest towns in NC. The property has been renovated from top to bottom and no HOA! Prime location close to downtown, shopping, dining, and major highways. With 7264sf total, these are probably the largest townhomes you’ll ever find. This 12 bed, 10 bath income producing property is priced lower per square foot than any other in Holly Springs. All 3 units are tenant occupied. Sales price is based on market rent, not current rent. At $980K you have a 7% return on your investment now and with market rent that return will be closer to 12%. Better than the stock market with zero risk. Turn one unit into an Airbnb or move into one while renting out the other two and live mortgage free with rental income to spare. So many possibilities! Pre-qualified buyers only please. See agent remarks for more details. You might never see property like this in Holly Springs again. A truly a unique investment opportunity so hurry before it’s gone!
Location
State NC
County Wake
Direction Holly Springs Road to Douglas Street
Rooms
Basement Crawl Space
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Laminate
Exterior
Parking Type Off Street
Garage No
Private Pool No
Building
Faces Holly Springs Road to Douglas Street
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction No
Schools
Elementary Schools Wake - Oakview
Middle Schools Wake - Apex
High Schools Wake - Holly Springs
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