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2209 & 2211 Morehead Avenue

Durham, NC 27712
  • $1,450,000
  • STATUS: Active
  • ON SITE: 47 Days
  • ID#: 2505156
Price Reduced
UPDATED: 62 min ago
$1,450,000
  • 0
    BEDS
  • 1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1960
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Triangle MLS logoListing courtesy of Real Estate Associates, Inc.: SJERNIGAN@REALESTATEASSOC.COM.
© 2023 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.

Description

SVN | Real Estate Associates is pleased to present the opportunity to acquire two apartment complexes with a total of nine units in the fast growing Durham area at the border of Lakewood Park, an up-and-coming neighborhood. This rare value-add opportunity would be an ideal acquisition for a new investor or for a local investor looking to add to their portfolio. The property is a five-minute drive from downtown Durham, which continues to experience an incredible transformation with projects both under construction and planned to further expand its base of residential, retail, office, and life science spaces.

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Triangle MLS logo©2023 Triangle MLS, Inc. of North Carolina. All rights reserved. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Data last updated 2023-06-01T20:51:54.77.
www.culturerealty.com/homes/138565360
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2209 & 2211 Morehead Avenue Durham, NC 27712

  • Price: $1,450,000
  • Status: Active
  • On Site: 47 Days
  • Updated: 62 min ago
  • ID#: 2505156
0
Beds
0
Baths
0
½ Baths
1
Acres
1960
Built
Neighborhood:
Not In A Subdivision
County:
Durham
Area:
Durham
Elementary School:
Durham - Lakewood
Middle School:
Durham - Brogden
High School:
Durham - Jordan
Property Description
SVN | Real Estate Associates is pleased to present the opportunity to acquire two apartment complexes with a total of nine units in the fast growing Durham area at the border of Lakewood Park, an up-and-coming neighborhood. This rare value-add opportunity would be an ideal acquisition for a new investor or for a local investor looking to add to their portfolio. The property is a five-minute drive from downtown Durham, which continues to experience an incredible transformation with projects both under construction and planned to further expand its base of residential, retail, office, and life science spaces.
Exterior Features

Carport YN No Construction Materials All Brick Foundation Details Brick/Mortar Garage YN No Levels Unit 1/1 Sty Parking Features Off Street

Interior Features

Cooling Central Air Cooling YN Yes Fireplace YN No Flooring CarpetHardwood Gas Gas Lp Heating Gas Lp Interior Features 1 Bath2 Bedroom2 Baths3 Bedroom Total Other Area Sq Ft 0

Property Features

HOATotal Dues 0 New Construction YN No Property Attached YN Yes Property Sub Type Apartment Sale Rent For Sale Sewer City Sewer Special Listing Conditions No Special Conditions Tax Annual Amount 11643 Water Source City Water Zoning Rs-M



Triangle MLS logo©2023 Triangle MLS, Inc. of North Carolina. All rights reserved. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Data last updated 2023-06-01T20:51:54.77.
 
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Choice Residential Real Estate
256 W Millbrook Road
Raleigh NC, 27609
Triangle MLS logoListing courtesy of Real Estate Associates, Inc.: SJERNIGAN@REALESTATEASSOC.COM.
© 2023 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.