5 Welch Place

Durham, NC 27707

$634,900
Price
8
Beds
4
Baths
3,000 Sq. Ft.
$212 / Sq. Ft.
3,000
Sq. Ft.
$212
per Sq. Ft.

Description

Fully occupied four unit building, offers four two bedroom one bath units, two units on first floor with two units on the second floor. The property is located less than 10 minute drive into downtown Durham, 3 minute drive to Durham FWY plus nearby access to public transportation along with major shopping and entertainment facilities. Please do not disturb occupants.Fully occupied four unit building, offers four two bedroom one bath units, two units on first floor with two units on the second floor. The property is located less than 10 minute drive into downtown Durham, 3 minute drive to Durham FWY plus nearby access to public transportation along with major shopping and entertainment facilities. Please do not disturb occupants.
  1. Listed by Roberto A Hernandez • Rockwood Realty Inc.

Property Details for 5 Welch Place

View
None
View
No
Waterfront
No
Subdivision
To Be Added

Location

Listing Courtesy of Rockwood Realty Inc.
Add your commute
LISTING UPDATED: 05/01/2024 10:19 AM

Property Details for 5 Welch Place

StatusPending
MLS #10024386
Days on Market11
Taxes$1,908 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1973
Lot Size0.30 AC / 13,068 SF
CountyDurham County

Location

Listing Courtesy of Rockwood Realty Inc.
Add your commute

Building Information for 5 Welch Place

Stories2Residences4Year Built1973Building Size-Lot Size0.30 AC / 13,068 SF

Payment Calculator

$3,624 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,465

Property Taxes

$159

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5 Welch Place

Summary
Location and General Information
  • Directions: South of Hearthside St, on the East side of Welch Pl
  • Subdivision Name: To Be Added
  • Latitude: 35.966945
  • Longitude: -78.883696
  • Road Frontage Type: None
  • Road Surface Type: Paved
Taxes and HOA Information
  • Association: No
  • Tax Annual Amount: $1,908.00
  • City Limits Of: Durham
  • City Limits YN: Yes
  • Lot Number: 07
  • Restrictive Covenants YN: No
  • School District Link: https://www.dpsnc.net/
Contract Information
  • Comp Sale YN: No
  • Lease Expiration Date: 2024-11-22
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: Yes
  • Years Owned: 17
School Information
  • Elementary School: Durham - Harris
  • Middle Or Junior School: Durham - Shepard
  • High School: Durham - Hillside
Parking
  • Open Parking: Yes
  • Parking Features: On Site, Parking Pad
  • Carport: No
  • Attached Garage: No
  • Garage: No
Property
Lot Information
  • Building Area Total: 3000.0
  • Lot Size Dimensions: 0
  • Architectural Style: Contemporary
  • Detached Living Area Sq Ft: 0
  • Other Area Above Grade: 0
  • Other Area Below Grade: 0
  • Total Other Area Sq Ft: 0
  • Parcel Number: 0830464818
  • Structure Type: Quadruplex
  • Above Grade Unfinished Area Source: Assessor
  • Below Grade Unfinished Area Source: Assessor
  • Enhanced Accessible: No
  • Power Production YN: No
Property and Assessments
  • New Construction: No
  • Photos Count: 7
  • Above Grade Finished Area Source: Assessor
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Units: Square Feet
  • Common Walls: 1 Common Wall
  • Community Features: Other
  • Senior Community: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Cable Connected, Electricity Connected
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer, Cable Available, Cable Connected, Electricity Connected
Interior and Exterior Features
Exterior Features
  • Construction Materials: Frame, Vinyl Siding
  • Fencing: None
  • Foundation Details: Other
  • Pool Private: No
  • Roof: Shingle, Asphalt
  • New Construction Type: Frame, Vinyl Siding, Quadruplex
Interior Features
  • Levels: Two
  • Stories: 2
  • Fireplace Y N: No
  • Flooring: Vinyl
  • Cooling: Wall Unit(s), Wall/Window Unit(s), Window Unit(s)
  • Cooling?: Yes
  • Heating: Wall Furnace
  • Heating?: Yes
  • Appliances: Electric Range, Range, Refrigerator
  • Spa: No
  • Equipment Appliances: Electric Range, Range, Refrigerator
  • Interior: Cable Available, Cable Connected, Electricity Connected, On Site, Parking Pad, Frame, Vinyl Siding
  • Equipment: Electric Range, Range, Refrigerator, On Site, Parking Pad
Multi Family
Unit Information
  • Total Units: 4
Agent
Sale and Listing
  • Property Class Name: CrossProperty
Rental
Rental Information
  • Lease Term: Month To Month
  • TenantPays: All Utilities, Cable TV, Electricity
Units Information
Units Details
  • Number Of Units Month To Month: 4.0
Unit One
  • Unit One: Actual Rent: 1000.0
  • Unit One: Baths Total: 1.0
  • Unit One: Beds Total: 2.0
Unit Two
  • Unit Two: Actual Rent: 1175.0
  • Unit Two: Baths Total: 1.0
  • Unit Two: Beds Total: 2.0
Unit Three
  • Unit Three: Actual Rent: 1250.0
  • Unit Three: Baths Total: 1.0
  • Unit Three: Beds Total: 2.0
Unit Four
  • Unit Four: Actual Rent: 1175.0
  • Unit Four: Baths Total: 1.0
  • Unit Four: Beds Total: 2.0

Property History for 5 Welch Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 5 Welch Place

Taxable ValueLand$30,000Additions$115,590Total$145,590
Tax Record2023$1,907 ($159 / month)
Home Facts
Baths4Total Finished SqFt3,000 SqFtAbove Grade Finished SqFt3,000 SqFtStories2Lot Size13,068 SqFtStyleMulti-Family Res (5+ Units)Year Built1973ZoningRS-MCountyDURHAMAPN156636

Schools near 5 Welch Place

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 - PK to 5
Rating
School
Distance
Bethesda Elementary
PublicPK to 5

Lowe's Grove Middle
Public6 to 8

Hillside High
Public9 to 12

R N Harris Elementary
PublicPK to 5

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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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 Rockwood Realty Inc.

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.