Listed by Frasher Whaley Realty Group
$1,498,000
1407 Clarendon Street
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 6,912
Units 8
NOI $97,175
Stories 2
About This Property
Marketing description
Four brick duplexes totaling eight apartments in Durham’s desirable Walltown neighborhood near Duke University and Downtown Durham.
Investment highlights
- 2-story units
- Hardwood floors
- Central HVAC including gas heat
- Washers/Dryers
- Refrigerator, electric stove, dishwasher
- Electric water heaters
- Fenced rear yards
- Off-street parking behind buildings
- All utilities in tenants’ names
Listing Contacts
Listed by Frasher Whaley Realty Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$97,175.00
$8,097.92/mo
Valuation Metrics
0
DSCR
6.49%
Cap Rate
6.49%
ROI
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Tax History
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