1300 Broad St - Multi-Family FOR SALE


Durham, NC 27705- Northgate
$1,860,000 USD
919-201-8396
1300 Broad St, Durham, NC for Sale
$1,860,000 USD
Multi-Family - FOR SALE
1/24
null | Request Cap Rate

1300 Broad St
Durham, NC 27705
Northgate


OVERVIEW

Extremely rare opportunity to own an upscale condo building in one of the most sought after areas in Durham. 1300 Broad consists of a 4 floor craftsman style building with 3 floors containing a 1,610 sqft 3 bedroom and 2 bath condo (3 units total) Step into luxury living in the heart of Durham's cherished Watts-Hillandale Historic Neighborhood with these stunning condominiums. Boasting exquisite craftsmanship and attention to detail, these large condos present a seamless fusion of modern amenities and classic charm. From the moment you enter, be greeted by soaring ceilings, gleaming hardwood floors, and expansive windows. The spacious open kitchen, dining, and living area provides an ideal setting for both relaxation and entertainment. This area also offers access to a private balcony in 2 of the units that is overlooking the picturesque streetscape. Each unit boasts a beautiful kitchen, equipped with attractive appliances, craftsman cabinetry, and granite countertops. Each unit offers a large main suite and an indulgent spa-like ensuite bathroom complete with walk-in shower, dual vanities, and a huge owners closet. Additional highlights of these exceptional residences include extensive crown molding, hardwood floors throughout, in-unit laundry facilities, off street parking, sprinkler and fire alarm systems, and ample dedicated 4th floor storage for each unit. Outside, embrace the charm of Durham's Watts-Hillandale Historic District from the privacy of your own balcony, or take a leisurely stroll to explore Duke University and the mix of shops, parks, businesses, and acclaimed dining destinations that grace the neighborhood. Building targeted for a March 2025 completion.

FOR SALE DETAILS

PRICE

$1,860,000 USD

PRICE/SF

$521 USD /SF

# OF UNITS

3

PRICE/UNIT

$620,000

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2025

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

OI

APN/PARCEL ID

100792

ASK ABOUT THIS PROPERTY

Steve FrasherFrasher Whaley Realty GroupMore Info
919-201-8396

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Steve FrasherFrasher Whaley Realty GroupMore Info
919-201-8396

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.