4 Beds
2 Baths
1,600 SqFt
4 Beds
2 Baths
1,600 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,600 sqft
Price per Sqft $256
Subdivision Golden Belt Mfg Company
MLS Listing ID 10163504
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1984
Annual Tax Amount $3,811
Lot Size 1,600 Sqft
Acres 0.13
Property Sub-Type Duplex
Source Doorify MLS
Land Area 1600
Property Description
Beautiful duplex located in the highly desirable Golden Belt District of Durham -- No HOA!
Excellent investment opportunity just minutes from Duke University and downtown Durham. This fully renovated duplex offers two separate units, each approximately 800 SF with 2 bedrooms and 1 full bathroom.
Each unit features a modern kitchen, stylish cabinetry, granite countertops, stainless steel appliances, luxury vinyl plank flooring, and in-unit laundry hookups.
Renovated in 2022, upgrades also include two separate HVAC systems for maximum efficiency and comfort.
Perfect for long-term rental income or Airbnb potential.
Prime Location:
• 8 minutes to Duke University.
•5 minutes to downtown Durham.
• Walking distance to two of the most popular brewery's in Durham.
Strong income-producing property in a highly desirable location!
Investment Highlights:
Unit A is ready for rent
Unit B currently has a month-to-month tenant
Expected market rent: $1,250-$1,300 per unit
Strong potential for long-term rental or Airbnb income.
Note: Seller will be doing a 1031 exchange
Location
State NC
County Durham
Community Golden Belt Mfg Company
Area 0.13
Zoning R-3
Interior
Cooling Central Air, Heat Pump
Flooring Luxury Vinyl
Fireplace No
Appliance Microwave
Exterior
Parking Features Driveway, Off Site, Off Street
Roof Type Shingle
Garage No
Building
Story Two
Water Public
New Construction No
Schools
Elementary Schools Durham - W G Pearson Elementary
Middle Schools Durham - Brogden Middle
High Schools Durham - Riverside High
Others
Senior Community No
Tax ID PIN # 0831-34-3909
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Learn More About LPT Realty
License ID: 334577