Investment Opportunity: 1917 Washington St, Durham, NC
Asking Price: $315,000
ARV (After Repair Value): $420,000
Earnest Money Deposit (EMD): $5,000
Property Features:
• Move-in Ready: Minimal repairs needed
• Fix & Flip or Rental: Ideal for both strategies
• 3 Bed, 2 Bath: Spacious 1,295 sqft living area
• Lot Size: 0.43 acres
• Great Location: Just 5 minutes from downtown Durham, offering convenient access to amenities and public transportation
Investment Highlights:
• Minimal Repairs: Only the HVAC system requires replacement
• High ARV: Estimated after repair value of $420,000
• Desirable Rental Market: Excellent potential for rental income due to proximity to downtown
• Fast-Growing Area: Located in an area seeing significant development, driving property values up
This property is a rare find in the growing Durham market, perfect for a quick flip or long-term rental income!
For more details or to schedule a showing, contact Carlos Staton (919)590-0655.
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