2205 Lafayette
Durham, NC 27707Lakewood quadplex with strong cash flow. Great investment opportunity, or live in one unit and rent out the other three--assumable FHA mortgage at 2.75%. This home features four units: two units have 2br/1ba, two units are studios, all with long term tenants. Ideal location, less than 5 min walk to Lakewood shopping center and less than 2 miles to both Duke and downtown. Recent upgrades: two new HVAC units, plumbing, roof recently replaced and in great shape, and two new oven/ranges.
$599,900
6 bedrooms
4 full bathrooms
0.18 acres
2,436 square feet
$246 per square foot
- Exterior Features
- Interior Features
- Property Features
- Attached Garage Y/N Yes
- Common Walls 1 Common Wall
- Construction Materials Block
- Lot Size Acres 0.18
- Parking Features Attached, On Street, Driveway, Gravel
- Structure Type Quadruplex
- Above Grade Finished Area 1,578
- Appliances Refrigerator, Electric Range
- Basement Exterior Entry, Block, Finished
- Below Grade Finished Area 858
- Cooling Window Unit(s), Electric, Ceiling Fan(s), Central Air, Multi Units
- Cooling Y/N Yes
- Flooring Tile, Hardwood
- Heating Central, Forced Air, Electric, Varies by Unit, Baseboard
- Heating Y/N Yes
- Interior Features Ceiling Fan(s)
- Lot Features Corner Lot
- Tax Annual Amount 4928.16
- Water Source Public
- Year Built 1960
Additional Property Information
- TypeQuadruplex
- Built1960
- NeighborhoodPark Place
- CountyDurham
- AreaDurham
- Elementary SchoolDurham - Lakewood
- Middle SchoolDurham - Githens
- High SchoolDurham - Jordan
Listing courtesy of Griffin Associates REALTORS. © 2024 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.
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