USANCHolly SpringsNot in a Subdivision225 Douglas St
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$980,000

Sold

3 years ago

225 Douglas St, Holly Springs, NC

MLS® 2505988

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size -
Garage No
Taxes $4,342
Lot Size 
Approx. Age 1961
MLS® Number 2505988

Property Address: 225 Douglas St, Holly Springs, NC, 27540-9188

Average square foot calculated using Size range provided by listing agent.

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!
MLS® Number2505988
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1961
BasementCrawl Space
DrivewayOff Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

Jul 27, 2023End Date
$930,000Sold Price

Sold

Apr 17, 2023List Date
$980,000List Price
  • Commute

Commute

Starting Address
Destination Address
225 Douglas St, Holly Springs, NC

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