LAKEWOOD AREA – GUNTER STREET DUPLEXES, DURHAM, NC
PRICE:
$
600,000
STATUS:
Sold
ADDRESS:
1603 Gunter St, Durham, NC 27707, USA
OVERVIEW:
SOLD 6/17/19 FOR $500,000
This offering consists of four duplexes at 1603, 1605, 1607 and 1609 Gunter Street, located just one mile from Downtown Durham and Duke University. The properties are also within steps of the redeveloping Lakewood shopping center and surrounded by neighboring single-family homes that experienced price appreciation from approximately $100/sf to nearly $200/sf in the last seven years. All eight units are one-bedroom, one-bath and offer a great opportunity to capture income upside through strategic renovations.
UNIT INFORMATION
| Unit | Type | Size | Rent |
|---|---|---|---|
| 8 UNITS | 1 BD/1 BA | 630 SF | $545 AVG |
PROPERTY INFORMATION
| PIN | 082114249635, 082114248783 |
| Tax Value | $295,090 (Total as of 2019) |
| Taxes | $2,581.44 (Total in 2018) |
| Lot Size | .93 TOTAL |
| Year Built | 1920 |
| Exterior | WOOD |
| Floors | VINYL, LVT, HARDWOOD |
| Foundation | CRAWL |
| HVAC | WINDOW A/C, BASEBOARD HEAT |
| Utilities | PAID BY TENANT |
| Legal Description | SEE TAX RECORDS |
| Appliances | RANGE, REFRIGERATOR, W/D CONNECTIONS |
| Sold Date | 2019-06-17 |
| Zoning | RU-M |
Agent Information Thomas T Furlow
Location Map
LAKEWOOD AREA – GUNTER STREET DUPLEXES, DURHAM, NC
Address:
1603 Gunter St, Durham, NC 27707, USA
Price: $
600,000
Unit: