CALVIN 912 – DOWNTOWN DURHAM
PRICE:
$
560,000
STATUS:
Sold
ADDRESS:
912 Calvin St, Durham, NC 27701, USA
OVERVIEW:
Sold on 12/4/24 for $560,000 or $140,000 per unit
912 Calvin Street is located in the rapidly evolving East End neighborhood, one mile east of Downtown Durham. Three of the units have been renovated with improvements that include a combination of new countertops, dishwashers, built-in microwaves, new fixtures, new flooring, new appliances, and more. The windows were replaced prior to current ownership. All four units have identical 2-bedroom floorplans, and the building has a brick exterior. This is a great opportunity to capture organic upside by raising lagging rents and acquiring a property in the path of improvements.
UNIT INFORMATION
| Unit | Type | Size | Rent |
|---|---|---|---|
| 4 UNITS | 2 BD/1 BA | 740 SF | $1,156 AVG / $1,400 MKT |
PROPERTY INFORMATION
| PIN | 0831-47-4256 |
| Tax Value | $265,586 (Reappraisal scheduled for 2025) |
| Taxes | $3,704.66 (2024 actual bill) |
| Lot Size | 0.28 ACRES |
| Year Built | 1971 |
| Exterior | BRICK |
| Floors | LVT, CARPET |
| Foundation | SLAB |
| HVAC | WINDOW A/C, BASEBOARD HEAT |
| Utilities | WATER AND ELECTRIC ARE PAID BY TENANT, OWNER PAYS DUMPSTER |
| Legal Description | PROP-DI BONA CANU C/LT#02 & LT#03 |
| Appliances | RANGE, REFRIGERATOR, W/D CONNECTIONS, DISHWASHER* AND MICROWAVE* (*one unit not updated) |
| Sold Date | 2024-12-04 |
| Zoning | RU-5(2) |
Agent Information Thomas T Furlow
Location Map
CALVIN 912 – DOWNTOWN DURHAM
Address:
912 Calvin St, Durham, NC 27701, USA
Price: $
560,000
Unit:
4