Duplex & Land portfolio in downtown Durham! This listing offers 1508, 1510, 1512 N Alston Avenue, & 804 Lee St. Lots on N Alston Ave currently have 2duplexes, all 4 units rented at $625/mo. Feasibility study & site plan (city approval still needed) included in documents. Potential for 18-unit apartmentcommunity, 7-unit townhome community, or subdiving property into nine buildable lots. With the recent passing of SCAD (see attached) or Simplifying Codesfor Affordable Development, this lot can be built even more densely than before. Call for details.
Property Type :
Residential Income
Subdivision :
Not In A Subdivision
County :
Durham
Style :
Residential Income
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ByOwner last updated this listing 04/29/2024 @ 17:39
MLS: 10007942
LISTED BY: Aaron, Keller Williams Elite Realty
SOURCE: Triangle MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
