BEDS0
BATHS
MLS#1211374
STATUSPending
PROPERTY TYPEMulti Unit - Multiple
Property Description
Investor opportunity in a strong Durham rental market. Four-unit townhome building with 3 units currently leased, providing immediate income. One unit is fully renovated and intentionally left vacant, offering flexibility to lease at market rates, use as an owner-occupied unit, or explore mid-term rental demand from nearby medical professionals. Townhome-style layouts and proximity to Duke University, Duke Hospital, Duke Regional, and major employment centers drive consistent rental interest. This property offers stable cash flow with room to increase returns through strategic rent adjustments. Convenient access to I-85, NC-147, retail, and transit. Ideal for investors seeking a value-add opportunity with strong fundamentals and long-term growth potential. Portfolio purchase opportunity available???ask listing agent for more information.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Fuel Type: Electric
Heating: Heat Pump, Electric
Lot Size: 0.34 Acres
Year Built: 1984
Feature Descriptions
Appliance: Electric Water Heater
Days on Site: 79
Lot Dimensions: 0.34 acre(s)
Sewer: Public Sewer
Water: Public
Water Heater: Electric
Listed By / Shown By
Listed By
Agency Name: GAC Management Group
Shown By
Agent Name: Darlene (Sharon) Teeter
Agent Phone: Cell: (704) 677-2402
Agency Title: Lake Norman Realty
Estimate Your Payment
Estimated Payment
$ 3,508.80 per month $3,326.51 Principal & Interest $0.00 Property Tax (data not provided by mls) $182.29 Homeowner's InsuranceChange Payment Information
4206 Delbert Avenue | MLS# 1211374
This multi-family property located at 4206 Delbert Avenue, Durham, NC 27704 is currently listed for sale with an asking price of $625,000. Search Durham real estate on darlenet.lakenormanrealty.com today.