$799,999
Active
126 Days Online
4 Beds4 Baths2,381 SQFT
Active

1512 N Alston Avenue Durham, NC 27701

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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 TypeMulti-Family
  • NeighborhoodN/A
  • CountyDurham
  • Taxes$3,549
  • HOA/Condo/Coop Fees$0
  • Days on Site125 Days
  • MLS StatusActive
  • MLS ID Number10007942
  • Home Size Source Appraiser
  • Year Built1950
  • Lot Size0.51 Acres
  • Full Baths4
  • Partial BathsN/A

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General Features

  • Acreage 0.51
  • Property Sub Type Quadruplex
  • Attached Garage No
  • Zoning RS-M;RU-5(2)
  • Listing Conditions Standard

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Monthly Payment (Est.)

$4,232
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