NCCU Area Quad
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- Map
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$115,000.00
Address
602 Martha StreetDurham, NC 27707
Overview
SOLD 9/20/10 FOR $110,000
This fully-leased quadraplex is located within steps of the campus of NC Central University in Durham. All the units are occupied by long-term tenants and feature identical 2 BD/1 BA floor plans. 603 Martha is for sale by the same owner.
- All brick exterior
- Fully-leased with long-term tenants
- Located on the southern boundary of the NCCU campus
- Value-add potential
Unit Information
| Unit | Size | Type | Lease | Rent |
|---|---|---|---|---|
| A | 750 SF | 2 BD/1 BA | M-M (tenant 3 years) | $450 |
| B | 750 SF | 2 BD/1 BA | M-M (tenant 6 years) | $395 |
| C | 750 SF | 2 BD/1 BA | M-M (tenant 5 years) | $395 |
| D | 750 SF | 2 BD/1 BA | M-M (tenant 5 years) | $400 |
| TOTAL | 3,000 SF | $1,640 |
Property Information
- PIN
- 083005082021
- Tax Value
- $144,028
- Taxes
- $1,869.20
- Lot Size
- .40 ACRES
- Year Built
- 1972
- Exterior
- BRICK
- Floors
- CARPET, VINYL
- Foundation
- CRAWL
- HVAC
- HEAT PUMP, CENTRAL AIR
- Owner Financing
- NONE
- Utilities
- PAID BY TENANTS
- Appliances
- ALL APPLIANCES ARE OWNED BY THE TENANTS
- Legal Description
- 602 MARTHA ST #19-20-21#
- Zoning
- RS-M