225 Douglas St - Apartments FOR SALE


Holly Springs, NC 27540
$1,475,000 USD
919-628-4663
225 Douglas St, Holly Springs, NC for Sale
$1,475,000 USD
Apartments - FOR SALE
1/65
null | Request Cap Rate

225 Douglas St
Holly Springs, NC 27540


HIGHLIGHTS

  • Recently renovated Holly Springs Triplex

OVERVIEW

Rare find! Renovated triplex in Holly Springs is so close to everything! One unit is rented and the other two are listed for rent. Unit A is massive! 5 BR/3 BA at 3188 sq ft. and is negotiating a Section 8 lease in the $2750-2900 range. Unit B (rented until June 2026 for $1500) is 2762 sq ft, has 2 primary BR's, one up/one down with 4 total BR and 2.5 BA. Unit C has 2358 sq ft and is 3 BR 2.5 BA. It is advertised for $1950/month. Roof replaced around 2018-19. Several HVAC systems replaced in recent years. Sellers installed a whole house air purification system and added CAT-5 ethernet cable for high-speed internet. So much new in here, please contact listing team for more information

FOR SALE DETAILS

PRICE

$1,475,000 USD

PRICE/SF

$203 USD /SF

# OF UNITS

3

PRICE/UNIT

$491,667

CAP RATE

Request Cap Rate

% LEASED

67%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1961

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

R-15 Residential

APN/PARCEL ID

0649.15-73-2380-000

ASK ABOUT THIS PROPERTY

Thomas IuliucciNorthside RealtyMore Info
919-628-4663

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Thomas IuliucciNorthside RealtyMore Info
919-628-4663

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.