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About This Home

This 3-bedroom, 2-bathroom residential multi family at 927 Berkeley Street in Durham, NC is listed for $425,000 ($237 per sqft). Built in 1940, the home offers 1,795 sqft of living space on a 0.16 acres lot.

Agent Description

This property features three units on one parcel. Located on the corner of Berkeley and W. Knox, this multifamily investment is just north of Duke University's East Campus, in the rapidly emerging Walltown neighborhood of Durham. The duplex at 927 Berkeley features identical 1-bed and 1-bathroom units of approximately 550 SF each.

One unit is rented at $800 per month and the other unit is vacant. The detached cottage at 1503 W. Knox is a renovated 1-bed and 1-bath home of approximately 695 SF. This unit is rented for $1,285/month. The property presents a unique value-add opportunity in a great location of Durham. The .16 acre lot also offers creative redevelopment or tear down and rebuild scenarios.

Key Features

  • Built in 1940
  • 0.16 acre lot

Property Details

1 story
3 full, 3 half
1940

Amenities

A/C

Monthly Cost Estimate

$2,273/mo

20% down · 6.5% · 30 years

Principal$307
Interest$1,842
Insurance$124

Estimates only. Actual payments may vary.

Location

927 Berkeley Street

Durham, NC 27705

Walltown

Property Details

Flooring

WoodVinylCarpet

Construction

Aluminum Siding Wood Siding

Parking

On Street

Heating

CentralBaseboard

Cooling

Window Unit(s)Central Air

Questions & Answers

This 3-bedroom, 2-bathroom residential multi family at 927 Berkeley Street is listed at $425,000 ($237/sqft). The estimated monthly payment is $1,842 based on 20% down at 6.5% interest.

Key features include: Built in 1940, 0.16 acre lot.

This property is listed by Thomas Furlow and can be reached at 9194123913 or tfurlow@deaton.com.

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TF

Thomas Furlow

Agent at Deaton Investment Real Estate

(919) 412-3913

Listed by Deaton Investment Real Estate · View on Broker Site

MLS# 10148665· Source: listhub· Updated 44 days ago

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927 Berkeley Street, Durham, NC 27705

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