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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,612 sqft
Price per Sqft $256
Subdivision Lakewood Park
MLS Listing ID 10164082
Style Duplex
Bedrooms 4
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 1,612
Year Built 1964
Annual Tax Amount $3,683
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type Duplex
Source Triangle MLS
Property Description
Currently generating $2,670/month ($32,040/year) in gross rent with both tenants eligible for auto-renewal. Professionally managed and well maintained.
Positioned just 6 minutes from downtown Durham, 4 minutes from Duke University, 16 minutes from RDU International Airport, and 18 minutes from Chapel Hill, this location ensures consistent rental demand.
This property is being offered as a package with 1214 Rosedale Avenue (MLS #10164203; listed at $406,000) for a combined asking price of $820,000. This is an uncommon opportunity to acquire two turnkey income-producing duplexes on the same street.
Location
State NC
County Durham
Zoning R-3
Interior
Interior Features Granite Counters, High Speed Internet
Heating Natural Gas
Cooling Attic Fan, Central Air, Electric
Flooring Hardwood, Tile
Fireplace No
Appliance Cooktop, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer
Laundry Electric Dryer Hookup, Laundry Closet, Main Level, Washer Hookup
Exterior
View Y/N Yes
Roof Type Shingle
Street Surface Asphalt
Garage No
Private Pool No
Building
Lot Description City Lot
Story 1
Sewer Public Sewer
Water Public
Level or Stories 1
Structure Type Brick Veneer
New Construction No
Others
Senior Community No
Tax ID 107937
Special Listing Condition Standard
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