Duplex in Downtown Durham

Durham County, Durham, NC, 27701
Sold
Listed at: April 15th, 2022
Price
$360,000
Sq. Footage
2512
Type
Multifamily
Parking
Assigned
Year build
1925
Lot size
acres
Bedrooms
4
Bathrooms
2
Half Bathrooms
0
Summary

408 Canal St. Durham, NC. The cash price is $360,000.

 

This property is primed as a flip within walking distance to downtown Durham! Currently operating as a legal duplex, you could renovate it as-is OR convert it to a large single-family home; quite a few renovations have been converting duplexes to SFHs and are seeing top dollar returns. So come take a look - properties in the area are flying off the shelf!

 

Below are the properties details:

Duplex

4 bed/2 Bath

Tenants are MTM

SqFt: 2512 

Year Built: 1925

Cash Price: $360,000

 

HERE are photos.

 

Comps:

609 Primitive St. 3/3/2071 for $617,500 ($298/sqft)

503 Oakwood Ave. - 3/3/1918 for $635,000 ($331/sqft)

819 Glendale Ave. - 4/4/2536 for $850,000 ($335/sqft)

 

This duplex was renovated and sold within the last couple years:

402 Queen St. - 4/2/2360 for $615,000 ($261/sqft)

**One unit is being priced at $1750/month**

 

Take a look at this comp which was converted from a duplex to a SFH: 

309 Canal St. 4/3/2623 for $699,000 PENDING after one weekend on market

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Josh Norman

No reviews

Disposition manager