Be a part of an area that is on the rise. This property has been producing income for several years and will continue with little to no effort. Update further and increase the rate of return. Leave it in it's current condition and do nothing but collect rent. Either way you win. Low maintenance property with reliable paying tenants (8 & 7 year long tenants). Currently on month to month rent, with rates that are below market (talk to agent about the reason why).
Off market
$261,600
1103 Fern St, Durham, NC 27701
--beds
0baths
1,168sqft
MultiFamily
Built in 1954
-- sqft lot
$261,600 Zestimate®
$224/sqft
$1,434 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Baseboard, Electric
Appliances
- Included: Refrigerator
Features
- Flooring: Tile, Laminate
Interior area
- Total interior livable area: 1,168 sqft
Property
Features
- Exterior features: Vinyl
Lot
- Size: 7,448 sqft
Details
- Parcel number: 111047
Construction
Type & style
- Home type: MultiFamily
Materials
- Frame
Condition
- Year built: 1954
Community & neighborhood
Location
- Region: Durham
Other
Other facts
- Type: Duplex
- A/C: Window Unit(s)
- Parking: Off Street Parking, 2 space/Unit
- Unit 1 Information: 1 Bath, Kitchen, Living Room, 1st Floor Bedroom, Range/Oven, 1 Bedroom
- Unit 2 Information: 1 Bath, 1 Bedroom, Kitchen, Living Room, Range/Oven
- Water/Sewer: City Sewer, City Water
- Subdivision: Not in a Subdivision
- Special Conditions: Seller Lic. RE Prfssnl.
- Foundation: Slab
Services availability
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Estimated market value
$261,600