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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,710 sqft
Price per Sqft $237
Subdivision Lakewood Park
MLS Listing ID 10164203
Style Duplex
Bedrooms 4
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 1,710
Year Built 1964
Annual Tax Amount $3,796
Lot Size 7,840 Sqft
Acres 0.18
Property Sub-Type Duplex
Source Triangle MLS
Property Description
The front unit features hardwood floors, granite countertops, and stainless steel appliances, while the rear unit offers updated laminate flooring, granite-style countertops, and stainless appliances. Separate entrances, individual porches, in-unit laundry hookups, separate water heaters per unit, and off-street parking round out this well-maintained, low-maintenance asset.
This duplex is currently generating $2,400/month ($28,800/year) in gross rent with both units occupied.
Located 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 is prime for growth and ensures consistent rental demand.
This property is being offered as a package with 1208 Rosedale Avenue (MLS #10164082, listed at $414,000) 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
Heating Central, Natural Gas
Cooling Attic Fan, Central Air
Flooring Hardwood, Laminate, Tile
Fireplace No
Appliance Dishwasher, Electric Range, Microwave, Oven, Refrigerator, Washer/Dryer, Water Heater
Laundry Electric Dryer Hookup, Laundry Closet, Washer Hookup
Exterior
Exterior Feature Rain Gutters
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N Yes
Roof Type Shingle
Street Surface Asphalt
Porch Front Porch, Side Porch
Private Pool No
Building
Sewer Public Sewer
Water Public
Structure Type Brick Veneer
New Construction No
Others
Senior Community No
Tax ID 107935
Special Listing Condition Standard
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