FULLY-LEASED DURHAM DUPLEX

Price:

$210,000

Status:

Sold

Address:

2136 Bogarde St, Durham, NC 27705, USA

Overview:

SOLD 5/1/20 FOR $210,000
Included $4,200 seller paid credit

This duplex is convenient to Duke University, Duke University Medical Center, Duke Regional Hospital, and several major retail centers. A new roof was installed in 2019. Both units are rented below-market and feature identical, two-bedroom floorplans. This is a great opportunity to capture income upside and add value through strategic renovations. Comparable units in the neighborhood rent for $850 to $950 per month.

Unit Information

UnitTypeSizeLeaseRent
A2 BD/1 BA888 SFMONTH-TO-MONTH$695
B2 BD/1 BA888 SFMONTH-TO-MONTH$650
TOTAL 1,776 SF $1,345

Property Information

PIN 0823-09-05-0726 Tax Value $191,896
Taxes $2,452.63 Lot Size .235 ACRES
Year Built 1981 Exterior ALUMINUM
Floors CARPET, VINYL Foundation SLAB
HVAC CENTRAL AIR, GAS HEAT Owner Financing NONE
Utilities PAID BY TENANTS Appliances RANGE, REFRIGERATOR, DISHWASHER, WASHER & DRYER
Legal Description AZALEA PARK/SEC:1/BLK:C/L T#09 Zoning RS-M
Sold Date 05/01/2020