Baldwin Lofts

Durham, NC

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ABOUT BALDWIN LOFTS

 

Located in downtown Durham, at 109 W. Main Street, Baldwin Lofts is a 13-unit, mixed-use condominium (residential & commercial) located in what was once Durham’s premier department store (Baldwin’s), built in 1927.

 

The “Baldwin Building” contains 12 residential condos on floors 2, 3 and 4, and the ground floor’s commercial space is a 5,500 s.f. (gross) restaurant...formerly, Revolution.

 

The building’s lofts range in size from 668 to 1,296 sq ft and amenities include the following:

  • Rooftop patio with views of the American Tobacco district, Durham Bulls baseball stadium and Durham Performing Arts Center
  • Attractive common areas with contemporary paint and lighting
  • Security-coded entrances (front and rear) and elevator
  • External door intercom system
  • Landmark historic status for the building equals a 50% reduction in
    property taxes for condo owners
  • Easy access to Duke University, NC Central University, RDU airport, Highway 147, I-85 and I-40.

Parking

 

  • Spaces are currently available in the Lot 20 surface lot, owned and     operated by the city of Durham. This gated parking lot is located at the rear entrance of the Baldwin Building.
  • Covered parking is available for hourly, daily and monthly rental in two nearby city parking decks
  • Parking is not deeded with the residential condos.

 

 

Condominium Association

 

  • The association is currently led by a 3-person board of directors.  For meeting times and dates, please contact the community’s property manager, Ted Parenti.
  • HOA dues include water/sewer
  • As of January, 2017, monthly association dues are $300.20 per share, with a working capital fee of 3 shares.
  • The total gross square footage of the Baldwin Building is 25,114, thus making the total percentage of commercial space 21.9% and residential space 78.1%.

2017 Special Assessment

  • The board of directors is implementing a one-time special assessment of $2,000 per share to fund two capital repair projects during the summer of 2017.  For more information on the assessment and project, click here.

 

For property management questions, contact Ted Parenti at 919-932-0592 or ted@rampartmanagement.com

NOTICE OF RIGHT TO VOLUNTARY MEDIATION

 

Pursuant to Section 7A-38.3F of the North Carolina General Statutes, all members are hereby informed that you have a right to initiate mediation pursuant to the terms of the statute to try to resolve a dispute with the Association. Both the homeowner and the Association must agree to mediate the dispute, and each side is responsible for splitting the cost of the mediation, including payment of a professional mediator. The mediation process is an opportunity to reach an agreement to resolve a dispute – neither side gives up their right to go to court to have a judge resolve the dispute if the parties are not able to reach an agreement through mediation. The specific process to initiate voluntary mediation is outlined in Section 7A-38.3F of the North Carolina General Statutes.

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