1313 Hudson Ave Durham, NC 27713

Listing details for 1313 Hudson Ave, Durham, NC 27713 : 1313 Hudson Ave, Durham, NC - Hamilton House Apartments 6989 sq.ft Class C - low rise Listing Price - $2,000,000 NOI is about $66,745 /year This does Not include Laundromat revenues. My client is a retired residential and commercial builder, having personally built this unit and opened in 1981. He is very hands on. Property features 1. Space in Basement - owner using a work office. It can be a 3 bedroom apartment with no windows. Has a full kitchen and full bathroom. 2. Coin operated Laundry machines - $500+/- a month in Revenue --- Total - 4 Washers and 4 Dryers 3. Storage spaces for each unit 12 Units and 1 ADU Office Use (can be converted to another 3-bedroom) Qty. 6 - 3 bedrooms Qty. 4 - 1 bedroom Qty. 2 - 2 bedroom Roof was replaced in 2008 Back side of building = Qty 4 - Outdoor Balconies Attached below is what I have for financials. All tenants are on a month to month basis and paying way below market values.