WEST DURHAM QUAD

PRICE:
$ 499,000
STATUS:
Sold
ADDRESS:
1919 Morehead Ave, Durham, NC 27707, USA
OVERVIEW:

SOLD 4/19/2018 FOR $481,000.
The property sold with all 4 units vacant, before going to the open market.

This brick quadraplex is located one mile from Downtown Durham and Duke University. All four units are 2-bedroom, 1-bathroom floor plans. The exterior features updated paint, fencing and ornamental lighting. All units were recently updated with new fixtures, hardware, paint, counter-tops and appliances.

The property is within steps of the Lakewood shopping center where the Scrap Exchange has initiated the redevelopment of more than 100,000 SF of dining, retail and entertainment space as a part of the Reuse Arts District. In addition, neighborhoods in the Lakewood area have seen median single-family home prices increase from approximately $100/sf to nearly $200/sf in the last seven years.

Link To Tax Records
UNIT INFORMATION
Unit Type Size Rent
4 2 BD/1 BA 840 SF $995 MKT
TOTAL 3,360 SF $3,980 MKT
PROPERTY INFORMATION
PIN 0821-09-16-4091
Tax Value $156,375
Taxes $2,105.59
Lot Size 0.207 ACRES
Year Built 1961
Exterior BRICK
Floors HARDWOOD, TILE, VINYL
Foundation CRAWL
HVAC WINDOW, BASEBOARD
Utilities PAID BY TENANT
Legal Description PROP-HOUSE LAND/LT#09
Appliances RANGE, REFRIGERATOR, W/D CONNECTIONS
Sold Date 2018-04-19

Location Map

WEST DURHAM QUAD
Address: 1919 Morehead Ave, Durham, NC 27707, USA Price: $ 499,000 Unit: 4