TRINITY PARK/DUKE AREA MULTIFAMILY
PRICE:
$
995,000
STATUS:
Sold
ADDRESS:
1002 Monmouth Ave, Durham, NC 27701, USA
OVERVIEW:
SOLD 10/4/19 FOR $970,000
1002 Monmouth A/B were completely rebuilt in 2014 as a single-family home with an accessory dwelling unit. The main building features two, large, attractive floor plans with high-end finishes. The garage in the rear was built in 2016 as an accessory dwelling structure and features a well-appointed studio apartment. All three units are leased and represent a rare opportunity to acquire a recently built investment property in one of Durham’s most desirable neighborhoods near Duke and Downtown. There is an opportunity to increase revenue by capturing rental income from the garage and raise rents when leases expire. Video Tour Here
UNIT INFORMATION
| Unit | Type | Size | Rent |
|---|---|---|---|
| A | 3 BD/3.5 BA | 2,695 SF | $2,550 |
| B | 2 BD/2.5 BA | 1,153 SF | $1,700 |
| G | STUDIO | 385 SF | $945 |
| TOTAL | 4,233 SF | $5,195 |
PROPERTY INFORMATION
| PIN | 0822-19-71-0483 |
| Tax Value | $847,118 |
| Taxes | $9,755 |
| Lot Size | .171 ACRES |
| Year Built | 1910, 2014, 2016 |
| Exterior | WOOD |
| Floors | HARDWOOD, BAMBOO, TILE |
| Foundation | CRAWL, SLAB |
| HVAC | CENTRAL AIR |
| Utilities | SEE ADDITIONAL INFORMATION |
| Legal Description | PROP-DUKE B L NORTH DURHA M/BLK:09/LT#32 |
| Appliances | SEE ADDITIONAL INFORMATION |
| Sold Date | 2019-10-04 |
| Zoning | RU-5, NATIONAL HISTORIC DISTRICT |
Agent Information Thomas T Furlow
Location Map
TRINITY PARK/DUKE AREA MULTIFAMILY
Address:
1002 Monmouth Ave, Durham, NC 27701, USA
Price: $
995,000
Unit: