1300 Broad St Durham, NC 27705-3533

Property Details for 1300 Broad St

Year built

1915

Lot size

0.16 lot acres

Property size

2,982 SF

Zone code

OI

Property type

Commercial land

APN

100792

APU

100792

Description

This exceptional opportunity presents a brand-new, three-unit apartment building in Durham, North Carolina's desirable Watts-Hillandale Historic Neighborhood. Completed in October 2024, this Class A property boasts 6,281 square feet of total space, with 5,181 square feet of net rentable area. Each of the three units offers 1,727 square feet of luxurious living space, featuring three bedrooms and two bathrooms. High-end finishes include gleaming hardwood floors, soaring ceilings, expansive windows, and spacious open floor plans seamlessly blending kitchen, dining, and living areas. Two units include private balconies overlooking the charming streetscape. The kitchens are equipped with attractive appliances, craftsman cabinetry, and granite countertops. Each unit also includes a large main suite with a spa-like ensuite bathroom complete with a walk-in shower, dual vanities, and a substantial owner's closet. Additional amenities include in-unit laundry, off-street parking, sprinkler and fire alarm systems, and ample dedicated storage on the fourth floor. The building sits on a 0.16-acre lot and is zoned OI. This is a rare chance to acquire a turnkey investment property in a highly sought-after area, close to Duke University and a variety of shops, parks, businesses, and restaurants. The asking price is $1,860,000, or $620,000 per unit, with a price per square foot of $296.13.