TWO QUADS NEAR DOWNTOWN DURHAM

PRICE:
$ 1,220,000
STATUS:
Sold
ADDRESS:
912 Calvin St, Durham, NC 27701, USA
OVERVIEW:

SOLD 10/27/2021 FOR $1,125,000
$140,625/unit

This offering features two adjacent quadraplexes (8 units), located in the rapidly evolving East End neighborhood, one mile east of Downtown Durham. Five of the units have been renovated with improvements that include a combination of granite countertops, installing a dishwasher, installing a built-in microwave, new fixtures, new flooring, new appliances and more. The windows were replaced prior to current ownership. All eight units are identical 2-bedroom floorplans and both buildings feature brick exteriors. This is a great opportunity to add value by completing the interior renovations and continuing to push rents. The properties must be purchased as a package, but are two individual parcels that could be resold separately.

Link To Tax Records
UNIT INFORMATION
Unit Type Size Rent
8 UNITS 2 BD/1 BA 740 SF $950 MKT
PROPERTY INFORMATION
PIN 0831-47-41-5776 & 0831-47-42-5668
Tax Value $262,121 + $265,586
Taxes $6,722.46
Lot Size 0.557 ACRES
Year Built 1971
Exterior BRICK
Floors LVT, CARPET
Foundation SLAB
HVAC WINDOW A/C, BASEBOARD HEAT
Utilities PAID BY TENANT
Legal Description PROP-DI BONA CANU C/LT#02 & LT#03
Appliances RANGE, REFRIGERATOR, W/D CONNECTIONS, DISHWASHER* AND MICROWAVE*
Sold Date 2021-10-27
Zoning RU-5(2)

Location Map

TWO QUADS NEAR DOWNTOWN DURHAM
Address: 912 Calvin St, Durham, NC 27701, USA Price: $ 1,220,000 Unit: