Bought with Carolina One Realty
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Key Details
Sold Price $635,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,850 sqft
Price per Sqft $130
Subdivision Not In A Subdivision
MLS Listing ID 2543479
Sold Date 03/15/24
Bedrooms 14
Full Baths 6
Abv Grd Liv Area 4,850
Originating Board Triangle MLS
Year Built 1973
Annual Tax Amount $2,554
Lot Size 0.400 Acres
Acres 0.4
Property Description
Multifamily property with tenants in place in transitioning area minutes from downtown Durham. Six units total - 3 buildings - each a duplex. 5 of the 6 units have tenants. Low maintenance full brick exteriors. All utilities are metered separately. 2 units are 2 bedroom / 1 bath. 4 units are 2 bedroom / 1 bath. Estimated market rent for 2 bedroom is $750-800, estimated current rent for 3 bedrooms is $800-850. Total market rent is estimated between $4,600-4,900 per month.
Location
State NC
County Durham
Direction From NC-147 S take Exit 2, turn Right on NC-55 E / S Alston Ave. Property is on the right.
Interior
Heating Baseboard, Electric
Cooling Window Unit(s)
Flooring Carpet, Laminate, Vinyl
Exterior
Parking Type Off Street
Garage No
Private Pool No
Building
Lot Description Corner Lot
Faces From NC-147 S take Exit 2, turn Right on NC-55 E / S Alston Ave. Property is on the right.
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Brick Veneer
New Construction No
Schools
Elementary Schools Durham - Pearson
Middle Schools Durham - Githens
High Schools Durham - Jordan
Others
Tax ID 0831117188
Special Listing Condition Standard
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