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Listing 9 out of 1,275
$1,495,000 New For Sale

Chapel Hill Road
Durham, NC 27707

5 units | Multi Family Home
1 acre - MLS# 2235309 Courtesy of Frasher Whaley Realty Group
Property Photo
1/15

Description

Package of 5 investment properties in hot Lakewood area. Low maintenance rentals with extremely stable rental history and vacancy rate of essentially zero. Plenty of off-street parking and large back yard area. Excellent cash flow and great long term investment potential with all of the new and upcoming development in Lakewood. Easy access to Duke and downtown and walkable to everything Lakewood has to offer.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • County/Area: Durham County
  • Zip Code: 27707
  • Year Built: 1920
  • Elementary School: Durham - Lakewood
  • Middle School: Durham - Githens
  • High School: Durham - Jordan
  • Units: 5 units
  • Lot Size: 1 acre
  • Zoning: Res
  • 1st Unit Available: Tenant
  • 2nd Unit Available: Tenant
  • 3rd Unit Available: Tenant
  • 4th Unit Available: Tenant
  • A/C: Central Air
  • Exterior Finish: Aluminum, Vinyl, Wood
  • Flooring: Carpet, Hardwood, Vinyl
  • Foundation: Basement
  • Fuel Heat: Electric
  • Gross Monthly Oper. Exp: 917
  • Heating: Forced Air, Heat Pump
  • Parking: Off Street Parking
  • Special Conditions Details: No Special Conditions
  • Sub-Area: 113 - Durham - Duke University/A
  • Unit 1 Information: 2 Baths, 4+ Bedrooms, Dishwasher, Kitchen, Living Room, Porch, Range/Oven, Refrigerator, W/D Connection
  • Unit 1 Monthly Rent: 2200
  • Unit 2 Information: 3+ Baths, 4+ Bedrooms, Dishwasher, Kitchen, Range/Oven, Refrigerator, W/D Connection
  • Unit 2 Monthly Rent: 2200
  • Unit 3 Information: 2 Baths, 4+ Bedrooms, Dishwasher, Kitchen, Living Room, Range/Oven, Refrigerator, W/D Connection
  • Unit 3 Monthly Rent: 2200
  • Unit 4 Information: 2 Bedroom, 3 Bedroom, Kitchen, Living Room, Porch, Range/Oven, Refrigerator
  • Unit 4 Monthly Rent: 2200
  • Water/Sewer: City Sewer, City Water
Courtesy of Frasher Whaley Realty Group
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