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4820 Gossamer Ln - Durant Towns 2 Unit Apartment Building Offered at $680,000 Raleigh, NC 27616
Investment Highlights
- Two leased, new construction townhome-style condos.
- Up to four additional units available.
- Community consists of 55 homes. Construction is complete.
- #102 leased at $2,270/mo, #104 leased at $2,095/mo
- Convenient North Raleigh location.
Executive Summary
Two fully leased, new construction townhome units located within the Durant Towns community in North Raleigh. 4820 Gossamer Ln #102 & #104 offer efficient, open-concept floor plans (3–4 BR / 3.5 BA, ~1,670+ SF) with durable, modern finishes and private outdoor patio space—designed for long-term renter appeal.
The broader community consists of 55 townhomes with consistent product quality and strong leasing fundamentals. Located near Durant Nature Preserve with convenient access to major commuter routes, the property benefits from sustained rental demand in a desirable North Raleigh submarket.
Four additional units are available, allowing investors the opportunity to expand their footprint within the community.
The broader community consists of 55 townhomes with consistent product quality and strong leasing fundamentals. Located near Durant Nature Preserve with convenient access to major commuter routes, the property benefits from sustained rental demand in a desirable North Raleigh submarket.
Four additional units are available, allowing investors the opportunity to expand their footprint within the community.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$52,380
|
$13.43
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$52,380
|
$13.43
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $52,380 |
| Annual Per SF | $13.43 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $52,380 |
| Annual Per SF | $13.43 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Storage Space
- Washer/Dryer Hookup
- Ceiling Fans
- Double Vanities
- Kitchen
- Granite Countertops
- Stainless Steel Appliances
- Range
- Walk-In Closets
- Carpet
- Yard
- Family Room
- Framed Mirrors
- Island Kitchen
- Lawn
- Patio
- Porch
- Large Bedrooms
Site Amenities
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+3.5 | 2 | $2,183 | 1,670 |
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
20/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $328,481 | |
| Land Assessment | $1,100,000 | Total Assessment | $1,428,481 |
Property Taxes
Parcel Numbers
Land Assessment
$1,100,000
Improvements Assessment
$328,481
Total Assessment
$1,428,481
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4820 Gossamer Ln - Durant Towns
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