1111 Alma Street, Unit A B C D

Durham, NC 27703

$700,000
Price
8
Beds
4
Baths
3,000 Sq. Ft.
$233 / Sq. Ft.
3,000
Sq. Ft.
$233
per Sq. Ft.

Description

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.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.
  1. Listed by Charles Bulthuis • Reformation Asset Management
  2. Listed by Miguel A Acosta • Reformation Asset Management

Property Details for 1111 Alma Street, Unit A B C D

Subdivision
Not in a Subdivision

Location

Listing Courtesy of Reformation Asset Management
Add your commute
LISTING UPDATED: 05/20/2024 02:52 PM

Property Details for 1111 Alma Street, Unit A B C D

StatusActive
MLS #10029975
Days on Market15
Taxes$2,359 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1987
Lot Size0.35 AC / 15,246 SF
CountyDurham County

Location

Listing Courtesy of Reformation Asset Management
Add your commute

Building Information for 1111 Alma Street, Unit A B C D

Stories-Residences-Year Built1987Building Size-Lot Size0.35 AC / 15,246 SF

Payment Calculator

$4,017 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,820

Property Taxes

$197

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1111 Alma Street, Unit A B C D

Summary
Location and General Information
  • Directions: Hwy Bus 70 East bound, cross over Hwy 55, Left on Alma Street. #1111 will be on your left at the corner with Evergreen St
  • Subdivision Name: Not in a Subdivision
  • Latitude: 35.99723
  • Longitude: -78.875913
Taxes and HOA Information
  • Tax Annual Amount: $2,359.23
  • Lot Number: 0
  • Restrictive Covenants YN: No
Contract Information
  • Lease Expiration Date: 2025-04-30
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: Yes
Parking
  • Open Parking: Yes
  • Parking Features: Off Street
  • Attached Garage: No
Property
Lot Information
  • Building Area Total: 3000.0
  • Architectural Style: Transitional
  • Total Other Area Sq Ft: 0
  • Parcel Number: 113100
  • Structure Type: Quadruplex
Property and Assessments
  • New Construction: No
  • Photos Count: 15
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Units: Square Feet
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer
Interior and Exterior Features
Exterior Features
  • Construction Materials: Engineered Wood
  • Foundation Details: Slab
  • Pool Private: No
  • Roof: Shingle
  • New Construction Type: Engineered Wood, Quadruplex
Interior Features
  • Levels: Two
  • Flooring: Laminate
  • Cooling: Central Air
  • Cooling?: Yes
  • Heating: Forced Air
  • Heating?: Yes
  • Appliances: Free-Standing Electric Range, Free-Standing Refrigerator
  • Equipment Appliances: Free-Standing Electric Range, Free-Standing Refrigerator
  • Interior: Off Street, Engineered Wood
  • Equipment: Free-Standing Electric Range, Free-Standing Refrigerator, Off Street
Agent
Sale and Listing
  • Property Class Name: CrossProperty
Rental
Rental Information
  • Lease Term: 12 Months
  • TenantPays: All Utilities
Units Information
Unit One
  • Unit One: Actual Rent: 1290.0
  • Unit One: Baths Total: 1.0
  • Unit One: Beds Total: 2.0
  • Unit One: Range: true
  • Unit One: Refrigerator: true
  • Unit One: WasherDryer Hookups: true
Unit Two
  • Unit Two: Actual Rent: 1250.0
  • Unit Two: Baths Total: 1.0
  • Unit Two: Beds Total: 2.0
  • Unit Two: Range: true
  • Unit Two: Refrigerator: true
  • Unit Two: WasherDryer Hookups: true
Unit Three
  • Unit Three: Actual Rent: 1300.0
  • Unit Three: Baths Total: 1.0
  • Unit Three: Beds Total: 2.0
  • Unit Three: Range: true
  • Unit Three: Refrigerator: true
  • Unit Three: WasherDryer Hookups: true
Unit Four
  • Unit Four: Actual Rent: 1100.0
  • Unit Four: Baths Total: 1.0
  • Unit Four: Beds Total: 2.0
  • Unit Four: Range: true
  • Unit Four: Refrigerator: true
  • Unit Four: WasherDryer Hookups: true

Property History for 1111 Alma Street, Unit A B C D

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1111 Alma Street, Unit A B C D

This home is within Durham Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Eastway Elementary
PublicPK to 5

Neal Middle
Public6 to 8

Northern High
Public9 to 12

Durham's Performance Learning
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1111 Alma Street, Unit A B C D is a multi-family home for sale in Durham, NC 27703. This property was listed for sale on May 17, 2024 by Reformation Asset Management, it's currently listed at $700,000. This listing's school district is Durham Public School District. Nearby schools include Eastway Elementary, Neal Middle and Northern High. 1111 Alma Street, Unit A B C D is a 8-bed, 4-bath, 3,000 sqft multi-family home built in 1987.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Reformation Asset Management

Listings marked with an icon are provided in part courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Listings are also provided in part by the IDX program of Longleaf Pine REALTORS and Alamance MLS. Copyright 2024 Triangle MLS, Inc. of North Carolina. Copyright 2024 Longleaf Pine REALTORS. Copyright 2024 Alamance MLS. All rights reserved. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s). Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA competitive or home valuation of any property.