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Keith Duncan

keith@duncansellshomes.com +1(919) 400-7037

Listed by Dalton Wade, Inc.

$ 178,000

Est. payment | -/mo

2 Beds

2 Baths

1,525 SqFt

Save

$ 178,000

Est. payment | -/mo

Save

2 Beds

2 Baths

1,525 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,525 sqft

Price per Sqft $116

Subdivision Hillcrest

MLS Listing ID 10157576

Style Traditional

Bedrooms 2

Full Baths 2

HOA Y/N No

Year Built 1940

Annual Tax Amount $2,969

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Duplex

Source Doorify MLS

Land Area 1525

Property Description

BACK ON MARKET through no fault of the seller! The bank appraisal came in at $180K and the previous buyer chose not to move forward. Now's your chance to grab this great investment opportunity just minutes from downtown Durham! This duplex offers strong value-add potential with both units vacant and ready for improvements--ideal for investors or renovators. Unit A (1BR/1BA | 598 sq ft above-grade finished area) was updated in 2019-2020 and features newer flooring, an updated kitchen, and a refreshed bathroom. The unit may benefit from minor cosmetic updates to maximize rental potential. Unit B (1BR/1BA | 922 sq ft above-grade finished area) requires a full renovation and is currently not livable. With the right vision, this unit offers excellent upside and could potentially be reconfigured into a 2-bedroom, 1-bath to increase income. Major system updates include: Roof replaced in 2020 HVAC system replaced in 2019 (central air) Water heater replaced in 2019 Property includes separate entrances and separate meters for each unit, making it well-suited for multi-unit rental income. Property is being sold AS-IS. Seller will make no repairs. Sale is subject to short sale approval. Prime location near downtown Durham, restaurants, and major roadways. Investor special with significant upside--don't miss this opportunity!

Location

State NC

County Durham

Community Hillcrest

Area 0.14

Zoning R-3

Rooms

Main Level Bedrooms 2

Interior

Cooling Central Air

Flooring Carpet, Luxury Vinyl

Fireplace No

Exterior

Parking Features Off Street

Community Features None

Roof Type Shingle

Garage No

Building

Story Multi/Split

Water Public

Architectural Style Traditional

New Construction No

Schools

Elementary Schools Durham - Eastway Elementary

Middle Schools Durham - Neal Middle

High Schools Durham - Northern High

Others

Senior Community No

Tax ID 112900

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(919) 400-7037

keith@duncansellshomes.com

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1304 Holloway ST Durham, NC 27701