SOLD 11/22/2021 FOR $1,010,000
$126,250 per unit
Deaton Investment Real Estate represented the seller and was the sole broker in this off-market transaction. The offering represents a package of four parcels with eight units and a total of more than five acres. Located near Interstate 40, Research Triangle Park and Downtown Durham, there is a great opportunity to add value through renovations and also the potential of redevelopment.
| Unit | Type | Size | Rent |
|---|---|---|---|
| 4212-A | 2BD/1BA | 672 SF | $925 |
| 4212-B | 2BD/1BA | 672 SF | $785 |
| 4214-A | 2BD/1BA | 672 SF | $815 |
| 4214-B | 2BD/1BA | 672 SF | $850 |
| 4216 | 2BD/1BA | 850 SF | $1,300 |
| 4218 | 3BD/1.5BA | 1,604 SF | $1,300 |
| 4220 | 2BD/1BA | 672 SF | $700 |
| 4302 | STUDIO | 288 SF | $385 |
| PIN | 0738-27-56-6254, 0738-27-55-5134, 0738-27-54-4248, 0738-27-53-3564 |
| Tax Value | $624,798 |
| Taxes | $7,959.32 |
| Lot Size | 5.068 ACERS |
| Year Built | 1964, 1967, 1971 |
| Exterior | BRICK & WOOD |
| Floors | VARIES BY UNIT |
| Foundation | CRAWL |
| HVAC | CENTRAL HEATING & AIR; WINDOW UNITS; BASEBOARD |
| Utilities | TENANT PAYS UTILITIES |
| Legal Description | PROP-PAGE W S ESTATE/BLK: B/LT#24-29 LT#77-82 INCL, PROP-PAGE W S ESTATE/BLK: B/LT#22-23 LT#75-76, PROP-PAGE W S ESTATE/BLK: B/LT#18-21 LT#71-74 INCL, PROP-PAGE W S ESTATE/BLK: B/LT#16-17 LT#69-70 |
| Appliances | RANGE, REFRIGERATOR, WASHER & DRYER CONNECT |
| Sold Date | 2021-11-22 |
| Zoning | RU-5(2), OI |
Agent Information Thomas T Furlow