Gurley Street Assemblage – SOLD

(Sold At)
$2,365,000
Sold
Gurley GIS

Property Details

0 0 0 Commercial, Investment, Land, Residential

1117 Gurley St, Durham, North Carolina 27701

Description:

SOLD Unique Assemblage of 7 parcels including 1 apartment complex, 3 duplexes and 3 vacant lots 1.66 total Acres All properties contiguous 3 street frontages Current NOI Apts $86,142 proj Duplexes $45,438 proj Walking distance to Central Park District of Downtown Durham including Fullsteam Brewery and MotorCo music venue. Stable tenants with below market rents. Opportunity for future redevelopment. Multiple Zonings under the Urban Tier