10 UNITS IN DURHAM

Price:

$810,000

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.

Unit Information

UnitTypeSizeRent
102 BD/1 BA750 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 Owner Financing NONE
Utilities PAID BY TENANTS Appliances RANGE, REFRIGERATOR, DISHWASHER, WASHER & DRYER CONNECTIONS
Legal Description PROP-WARD SALLIE D/LT#01- 02 Zoning RU-M
Sold Date 04/03/2020