RAYNOR STREET – 10 UNITS, DURHAM, NC

PRICE:
STATUS:
Sold
ADDRESS:
502 Raynor St, Durham, NC 27703, USA
OVERVIEW:

SOLD 4/3/20 FOR $810,000
Deaton Investment Real Estate represented the buyer in this transaction. The seller was represented by Marcus and Millichap.

The Raynor Street apartments offer a great value-add opportunity in the emerging East Durham submarket. All units are two-bedroom floorplans with under market rents, offering the opportunity to capture income upside through strategic improvements.
Link To Tax Records
UNIT INFORMATION
Unit Type Size Rent
10 2 BD/1 BA 750 SF APPROX. $575 AVG.
PROPERTY INFORMATION
PIN 0831-12-75-7396
Tax Value $418,878
Taxes $5,210
Lot Size .626 ACRES
Year Built 1988
Exterior BRICK, VINYL
Floors CARPET, VINYL, LVT
Foundation CRAWL, SLAB
HVAC CENTRAL AIR
Utilities PAID BY TENANTS
Legal Description PROP-WARD SALLIE D/LT#01- 02
Appliances RANGE, REFRIGERATOR, DISHWASHER, WASHER & DRYER CONNECTIONS
Sold Date 2020-04-03
Zoning RU-M

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Agent Information Thomas T Furlow

Location Map

RAYNOR STREET – 10 UNITS, DURHAM, NC
Address: 502 Raynor St, Durham, NC 27703, USA Unit: