CALVIN STREET QUADS, NEAR DOWNTOWN DURHAM

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.