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House
·
for sale
USD 902,000
USD 289/sq.ft
1103 Camden Avenue
Walltown, Durham city Durham township Durham County North Carolina
· 3,111 sq.ft · 7 Bedrooms · 6 Baths · House
· Parking
Walltown, Durham city Durham township Durham County North Carolina · 3,111 sq.ft · 7 Bedrooms · 6 Baths · House · Parking
Opportunity to acquire three new-construction condos across two buildings in Canopy Crossings, a design-forward community in historic Duke Park near Downtown Durham. The portfolio includes the entire two-unit building at 1107 Camden Avenue—consisting of one upper and one lower condo—plus 1103A Camden Avenue in a neighboring building. Units 1107A and 1107B each offer 792 square feet, 2 bedrooms and 2 bathrooms, while 1103A offers 1,536 square feet, 3 bedrooms and 2.5 bathrooms. The portfolio totals 3,120 square feet, 7 bedrooms, 6.5 bathrooms and 6 dedicated parking spaces. Projected rents are $1,750-$1,900 per unit monthly, providing potential portfolio income of $5,250-$5,700 per month or $63,000-$68,400 annually. Offered at $902,000, the portfolio provides an estimated gross rental yield of approximately 7.0%-7.6%. The homes feature thoughtfully designed layouts, contemporary finishes and modern architectural details. The HOA documents contain no rental restrictions. Canopy Crossings
Opportunity to acquire three new-construction condos across two buildings in Canopy Crossings, a design-forward community in historic Duke Park near Downtown Durham. The portfolio includes the entire two-unit building at 1107 Camden Avenue—consisting of one upper and one lower condo—plus 1103A Camden Avenue in a neighboring building. Units 1107A and 1107B each offer 792 square feet, 2 bedrooms and 2 bathrooms, while 1103A offers 1,536 square feet, 3 bedrooms and 2.5 bathrooms. The portfolio totals 3,120 square feet, 7 bedrooms, 6.5 bathrooms and 6 dedicated parking spaces. Projected rents are $1,750-$1,900 per unit monthly, providing potential portfolio income of $5,250-$5,700 per month or $63,000-$68,400 annually. Offered at $902,000, the portfolio provides an estimated gross rental yield of approximately 7.0%-7.6%. The homes feature thoughtfully designed layouts, contemporary finishes and modern architectural details. The HOA documents contain no rental restrictions. Canopy Crossings
USD 902,000