$179,999 · DURHAM, NC 27704
Works for flippers · Low return for landlords

Available

$179,999Asking price

3 bd · 2 ba · 1,224 sq ft · built 1990

DURHAM, NC 27704

No contract on file

via InvestorLift Classic

6 views · listed Nov 4

Works for flippers

Low return for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $280,000
Asking price: −$179,999
RepairsMiddle of the seller’s $30,000 – $40,000. Ours: $14,000 – $29,500: −$35,000
Loan, holding, closing20% down, 12% interest, 2 points, 74 days: −$20,183
Profit16.0% of ARV · flippers want 10%+: $44,818
Works

Works for a flipper up to $195,000.

VENTURESTACK

Josh Barry

No reviews yet

Comps

Sales

Rents

ARV $280,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $271,000.

The sales behind this value are shown to members.

ARV $280,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

VENTURESTACK

Josh Barry

No reviews yet

Seller Description

Hi Investors,

I'm reaching out to share a deal with you! The address is 631 Martin St, Durham NC 27704. The cash price is $179,999.

ABOUT THE DEAL: Flip opportunity in Durham! This is a 3 bed, 2 bath house on 0.14 acres. The house has updated roof, siding, and windows, along with several cosmetic updates during the tenants stay. Well maintained rental, this house could use a new AC unit, some bath and kitchen updates and minor cosmetics to get it to match the several comps in the area. Currently tenant occupied, delivered vacant at close. Will have a showing / access once the tenant vacates this week. Call or text Josh for details and offers: 919-229-9205

Below are the property details:

Single Family

Beds: 3

Baths: 2

Living Sqft: 1,224

Occupancy: Tenant / Delivered Vacant

Year Built: 1990

Click HERE for PHOTOS

Additional Comps:

621 Martin St - Sold for $287K

201 Denver Ave - Sold for $289K

807 Shari Ct - Sold for $281K