804 Madison Street

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804 Madison Street

Durham, NC 27701
Asking Price
$895K
Asset Type
Single Family Rental Portfolio Mixed-use
Class
Class B

What's Special

Modern Townhome + Guest Suite + Income Opportunity <p><strong style="color: rgba(0, 99, 92, 1)"><u>Downtown Design-Support 2 (DD-S2) zoning</u></strong></p><p><span style="color: rgba(0, 99, 92, 1)">Primary Residence and separate ADU with many commercial uses allowed.</span></p><p><span style="color: rgba(0, 99, 92, 1)">Heart of downtown Durham.</span></p>

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NOI
$80,000
Cap Rate
8.94%
DSCR
1.51
Strong
Cash-on-Cash
10.01%
Monthly Payment
$4,427.972
Annual Cash Flow
$26,864.34

Location & Travel Times