Excellent quad on a large corner. These units have been remodeled in the last few years and have a good tenant base with stabilized rents. Seller has done a great job maintaining units. Many single family homes are being remodeled, or built new in the immediate area. Homes across the street are part of a development plan. All units are 2 bedrooms, and 1 bathroom with AC, and ample parking. Seller does not need a 1031.
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The average household income in
Durham, NC
declined
from
$56,375
to
$54,840
in the past year. This data is an estimate based upon
112,342
households in
Durham, NC. The chart below presents how household income is distributed in
Durham, NC
in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows
distribution of property taxes in
Durham, NC
compared to median property taxes around the country. The prevalent amount of property taxes in
Durham, NC
equals
$3k+
, which is
less
than the national average.