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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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1103 Camden Ave , Durham, NC 27701
$902,000
Est. Payment: $2,004.44/mo
7 Bed
7 Bath
3120 Sqft
Status: Active | Days on site: 15
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75688 - 81566,86334
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

Opportunity to acquire three new-construction condos across two buildings in Canopy Crossings, a design-forward community in historic Duke Park near Downtown Durham. The portfolio includes the entire two-unit building at 1107 Camden Avenue—consisting of one upper and one lower condo—plus 1103A Camden Avenue in a neighboring building. Units 1107A and 1107B each offer 792 square feet, 2 bedrooms and 2 bathrooms, while 1103A offers 1,536 square feet, 3 bedrooms and 2.5 bathrooms. The portfolio totals 3,120 square feet, 7 bedrooms, 6.5 bathrooms and 6 dedicated parking spaces. Projected rents are $1,750-$1,900 per unit monthly, providing potential portfolio income of $5,250-$5,700 per month or $63,000-$68,400 annually. Offered at $902,000, the portfolio provides an estimated gross rental yield of approximately 7.0%-7.6%. The homes feature thoughtfully designed layouts, contemporary finishes and modern architectural details. The HOA documents contain no rental restrictions. Canopy Crossings is conveniently located near Downtown Durham, Duke University, Duke Park and the area's employment, dining and entertainment destinations.
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Highlights

Listed by Johnny Chappell , 919-737-2247 and Charles A Umstead , 919-738-8855 Compass -- Raleigh , 919-726-6548.

Property Type

Multi-Family

HOA Fee

230 Monthly

Year Built

2026

County

Durham

 Neighborhood

Canopy Crossing at Camden Condominium

Listing ID

10189981

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:7
  • ▪ Bathrooms:7
  • ▪ Full Bathrooms:6
  • ▪ 1/2 Bathrooms:1
Appliances:Built-In Electric Range, Built-In Range, Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Range, Range Hood, Stainless Steel Appliance(s)
Air Cond:Central Air,Heat Pump
Fireplaces:
Floor:Carpet,Vinyl,Wood
Above Ground Sq Ft:3120
Below Ground Sq Ft:0
Other:
  • ▪ Additional:Breakfast Bar, Double Vanity, Kitchen Island, Kitchen/Dining Room Combination, Pantry, Quartz Counters, Recessed Lighting, Walk-In Shower
Water:Public

Exterior Features

Lot:Landscaped
Zoning:RM-12
Roof:Shingle
Others:
  • ▪ Additional:Balcony, Lighting, Private Entrance, Rain Gutters, Deck
Sewer:Public Sewer
Parking Features:On Site,Paved
Principal Interest
$2,004
Taxes
$201
HOA
$230

Home Price

$902,000

Loan Details

30 yrs
%

Down Payment

20%
$180,400
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,004.44

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $2,004.44 $200.74 $230.00 $2,435.18
Yearly $24,053.33 $2,408.86 $2,760.00 $29,222.19
Total $721,600.00 $72,265.80 $82,800.00 $876,665.80

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Durham, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.