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.
Listed by Thomas Furlow, Deaton Investment Real Estate.