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700 Toronto Ave
Durham, NC 27704
Asking Price
$800K
Asset Type
Residential Multifamily
Class
Class B
What's Special
Multifamily | Single Family Land Development Opportunity in Booming Durham NC <ul><li>ZONED RU-5 FOR HIGH-DENSITY DEVELOPMENT (6-8 SFH, TWNH)</li><li>UTILITIES IN CLOSE PROXIMITY</li><li>PRIME LOCATION IN GROWTH CORRIDOR, MINUTES FROM RTP, DUKE, AND DOWNTOWN</li></ul><p></p>
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NOI
$80,000
Cap Rate
10.00%
DSCR
1.68
Strong
Cash-on-Cash
13.54%
Monthly Payment
$3,957.964
Annual Cash Flow
$32,504.438
