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4820 Gossamer Ln - Durant Towns 2 Unit Apartment Building Offered at $675,000 Raleigh, NC 27616
Investment Highlights
- Two leased, new construction townhome-style condos.
- Up to eight additional units available.
- Community consists of 55 homes. Construction is complete.
- #101 leased at $2,249/mo, #102 leased at $2,270/mo.
- Convenient North Raleigh location.
Executive Summary
4820 Gossamer Ln, #101 & #102. Two fully leased units at the newly completed Durant Towns community in north Raleigh. Up to 8 additional units are available. Quality new construction in a highly desirable location for investment.
Financial Summary (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$54,228
|
$13.90
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$54,228
|
$13.90
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $54,228 |
| Annual Per SF | $13.90 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $54,228 |
| Annual Per SF | $13.90 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+3.5 | 2 | - | 1,670 - 1,723 |
1 1
Property Taxes
| Parcel Number | 1738.17-10-3765-000 | Improvements Assessment | $328,481 (2025) |
| Land Assessment | $1,100,000 (2025) | Total Assessment | $1,428,481 (2025) |
Property Taxes
Parcel Number
1738.17-10-3765-000
Land Assessment
$1,100,000 (2025)
Improvements Assessment
$328,481 (2025)
Total Assessment
$1,428,481 (2025)
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4820 Gossamer Ln - Durant Towns
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