Bought with Frasher Whaley Realty Group
$481,000
$450,000
6.9%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
5 Baths
2,373 SqFt
SOLD DATE : 11/14/2024
Key Details
Sold Price $481,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,373 sqft
Price per Sqft $202
Subdivision American Village
MLS Listing ID 10061229
Sold Date 11/14/24
Style Duplex
Bedrooms 5
Full Baths 4
Half Baths 1
HOA Y/N No
Abv Grd Liv Area 2,373
Originating Board Triangle MLS
Year Built 1984
Annual Tax Amount $3,293
Lot Size 0.450 Acres
Acres 0.45
Property Description
Your tenants will love the private lot surrounded by woods in American Village. It is only two miles from Duke University Hospital. It is ideal for grad students, nurses, or fellows. Unit A has a rare first-floor bedroom with two spacious bedrooms upstairs and two full bathrooms. The family room has a cozy wood-burning fireplace. The lease expires May 11, 2025, at $1570 monthly. The selling agent is working with the tenants on an early termination program, where the tenant continues to pay rent until a replacement tenant is found. Please call for more details. The replacement tenant rent amount is being offered at $1650. Unit B expires on June 29, 2025, at $1275 monthly. It has a large combined living and dining area, which is ideal for entertaining. Both bedrooms upstairs have full baths and a half bath downstairs. The property is near Duke Forest trails, and both units have a washer and dryer. The private lot offers a quiet, peaceful, and serene location to walk a pet or enjoy the decks attached to each unit. There has not been a vacancy for more than four years, making it a sound investment opportunity.
Location
State NC
County Durham
Direction Morreene Road, Turn left onto American Drive
Interior
Interior Features Ceiling Fan(s), Entrance Foyer, Living/Dining Room Combination, Pantry
Heating Fireplace(s), Forced Air, Heat Pump
Cooling Ceiling Fan(s), Central Air, Heat Pump
Flooring Carpet, Vinyl, Wood
Fireplaces Number 2
Fireplace Yes
Laundry In Unit
Exterior
View Y/N Yes
View Forest
Roof Type Shingle
Street Surface Paved
Porch Deck, Front Porch
Garage No
Private Pool No
Building
Lot Description Corner Lot, Wooded
Faces Morreene Road, Turn left onto American Drive
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Transitional
Level or Stories 2
Structure Type Cedar
New Construction No
Others
Tax ID 12
Special Listing Condition Standard
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600 Park Offices Drive, 350, Durham, North Carolina, 27709, USA