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
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