THREE UNITS NEAR DUKE’S EAST CAMPUS IN DURHAM
DEATON is pleased to present for sale, as the exclusive broker for the seller, 927 Berekeley Street and 1503 W. Knox Street. The property features three units on one parcel. Located on the corner of Berkeley and W. Knox, this multifamily investment is just north of Duke University’s East Campus, in the rapidly emerging Walltown neighborhood of Durham. The duplex at 927 Berkeley features identical 1-bed and 1-bathroom units of approximately 550 SF each. One unit is rented at $800 per month and the other unit is vacant. The detached cottage at 1503 W. Knox is a renovated 1-bed and 1-bath home of approximately 695 SF. This unit is rented for $1,285/month. The property presents a unique value-add opportunity in a great location of Durham. The .16 acre lot also offers creative redevelopment or tear down and rebuild scenarios.
UNIT INFORMATION
| Unit | Type | Size | Rent |
|---|---|---|---|
| 927 BERKELEY - A | 1 BD/1 BA | 550 SF | VACANT |
| 927 BERKELEY - B | 1 BD/1 BA | 550 SF | $800 |
| 1503 W. KNOX | 1 BD /1 BA | 695 SF | $1,285 |
PROPERTY INFORMATION
| PIN | 0822-43-8713 |
| Tax Value | $388,742 |
| Taxes | $4,069.30 |
| Lot Size | .16 ACRES |
| Year Built | 1940, 1935 |
| Exterior | WOOD, ALUMINUM (BERKELEY) / ALUMINUM (W. KNOX) |
| Floors | HARDWOOD, LVP, VINYL, TILE |
| Foundation | CRAWL |
| HVAC | WINDOW A/C, BASEBOARD HEAT (BERKELEY) / CENTRAL AIR (W. KNOX) |
| Utilities | OWNERS PAYS WATER/SEWER |
| Legal Description | THE SUBURBAN L&P CO/LT#04 PL:000008-000183 |
| Appliances | RANGE, REFRIGERATOR, DISHWASHER*, WASHER/DRYER CONNECTIONS* (*ONLY IN W. KNOX) |
| Zoning | RU-5 (2) |
Agent Information Thomas T Furlow
Location Map
THREE UNITS NEAR DUKE’S EAST CAMPUS IN DURHAM