2203 Lafayette Street
Durham, NC 27707
534,900
MLS#: 10120228
new
Bedrooms: 6
Bathrooms: 4
Quadplex
Property Photos
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General Information
534,900
This Lakewood Quadplex is a great investment opportunity with a strong cash flow. You could live in one unit and rent out the other three and it has an assumable FHA mortgage that is currently 2.75%. This home features four units: 2 Units have 2 BR/2Ba, two Units are studios, and all with long term tenants. It is in an ideal location, less than a 5-minute walk to Lakewood Shopping Center and less than two miles to both Duke University and downtown Durham. There have been some recent upgrades such as two new ovens and ranges installed, two new HVAC Units, plumbing upgrades, and a recently replaced roof. It is in great shape.
Bedrooms: 6
Bathrooms: 4
SF/Size: 7,840.8
Lot Size: .018
Tax Value: 484,161
Tax Amount: 4,928
Year Built: 1960
General Information
534,900
This Lakewood Quadplex is a great investment opportunity with a strong cash flow. You could live in one unit and rent out the other three and it has an assumable FHA mortgage that is currently 2.75%. This home features four units: 2 Units have 2 BR/2Ba, two Units are studios, and all with long term tenants. It is in an ideal location, less than a 5-minute walk to Lakewood Shopping Center and less than two miles to both Duke University and downtown Durham. There have been some recent upgrades such as two new ovens and ranges installed, two new HVAC Units, plumbing upgrades, and a recently replaced roof. It is in great shape.
Bedrooms: 6
Bathrooms: 4
SF/Size: 7,840.8
Lot Size: .018
Tax Value: 484,161
Tax Amount: 4,928
Year Built: 1960
Property Features
Appliances
Flooring
Building Features
Heating: Electric
Air Conditioning: Electric
Basement
On-Street Parking
Water Utilities
Sewer Utilities
School Information
- Elementary > Lakewood Elementary School
- Middle School > Githens Middle School
- High School > Jordan High School