201 Broadway Street
Property Description
Amazing opportunity to own the rare and beautifully preserved Markham Apartments, an 8-unit historic apartment building in downtown Durham. Showcasing distinctive Spanish Colonial Revival architecture, this remarkable property features eight spacious 2-bedroom, 1-bathroom units with soaring ceilings, hardwood floors, large windows, heavy cornice and dentil moldings, and striking arches separating the living and dining areas. Many of the building's original architectural features have been carefully preserved, earning the property the 2002 George & Mary Pyne Preservation Award for historic preservation. The exterior combines classic brick and stucco with a metal roof, while charming front and rear porches serve the lower units and upper units feature balconies with decorative spindles. Each unit offers a spacious, updated kitchen with granite countertops. Residents also enjoy a welcoming front courtyard, a common laundry room, and off-street rear parking with 10 spaces. There is also potential to add in-unit washers and dryers, providing an opportunity for further modernization and value enhancement. A rare combination of historic character, architectural distinction, and downtown location, the Markham Apartments presents a unique investment opportunity in one of Durham's most desirable urban settings.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,950,000 |
| No. of Units: | 8 |
| Year Built: | 1950 |
| Lot Size: | 10,216.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $243,750 |
| Property Website | Click Here |
| Number of Bedrooms: | 16 |
| Number of Bathrooms: | 8 |
ID: 3yd-TRIANGLE-10195417
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