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Sold for $1,500,000
Sold for $1,500,000
2006 House Ave Durham, NC 27707
$1,500,000
CLOSEDBeds
Baths
Sqft
0
Year
1971
Close Date
Nov 21, 2018
Property Type
Residential Income
Sub Type
Apartment
Date Listed
Apr 18, 2018
Description of 2006 House Ave, Durham, NC 27707
Listing details for 2006 House Ave, Durham, NC 27707 : Located in the thriving Lakewood area, apprx. 1 mile from Duke and Downtown. 17 units are 1 BD/1 BA floorplans, 14 have renovated interiors. There is 1 studio apt. that is renovated. Brick exterior, roof replaced 2017. With current rents at an avg. of $700 per unit and in-place rents as high as $775, the buyer can realize income growth by leasing to market and renovating the last four units. The identical bldg. at 1011 Burke sold 06/18 for $1.65m. Units are submetered for water. Offered at a 6.3% cap.
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Listing Updated : 06-19-2026 at 7:33 AM EDT
Property Details
Property Overview
Listing Price
$1,640,000
MLS #ID
2185924
Close Price
$1,500,000
Close Date
Nov 21, 2018
Bedrooms
Bathrooms
Square Footage
0
Year
1971
Days on Site
761 Days
Property Type
Residential Income
Property Sub Type
Apartment
Price per Sq Ft
$0
Date Listed
Apr 18, 2018
Location
Street Address
2006 House Ave
City
State
North Carolina
ZIP Code
County
Neighborhood / Subdivision
Driving Directions
From Dowtown Durham at the ballpark, go west on Morehead Ave about 1 mile. After crossing Chapel Hill Rd, turn left on Burke then right on House.
Construction / Architecture
Year Built
1971
Construction Materials
Brick
Foundation
Slab
New Construction
No
Price per Sq Ft
$0
Interior Details
Flooring
Carpet, Hardwood, Laminate and Tile
Fireplace
No
Heating
Electric and Heat Pump
Cooling
Central Air and Heat Pump
Exterior Details
Garage
No
Parking Features
Off Street
Fencing
None
Water Source
Public
Sewer
Public Sewer
Taxes, HOA & Financing
HOA Fee Includes
None
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Listing Provided By
Thomas Furlow, 919-412-3913, Deaton Investment Real Estate
Properties displayed may be listed or sold by various participants in the MLS
Source
Triangle, MLS, MLS#: 2185924
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Property History
DateEventPrice
11/21/2018
Sold
$1,500,000
Source:Triangle, MLS #2185924
Triangle, MLS #2185924 4/18/2018
Listed for sale
—
Source:Triangle, MLS #2185924
Triangle, MLS #2185924Location of 2006 House Ave, Durham, NC 27707
Streetview of 2006 House Ave, Durham, NC 27707
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The data relating to real estate for sale on this web site comes in part from the Internet Data ExchangeTM Program of the Triangle MLS, Inc. of Cary. Real estate listings held by brokerage firms other than Raleigh Realty Inc are marked with the Internet Data Exchange TM logo or the Internet Data ExchangeTM thumbnaillogo (the TMLS logo) and detailed information about them includes the name of the listing firms.
Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Listing firm has attempted to offer accurate data, but the Information is Not Guaranteed and buyers are advised to confirm all items.
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