I'm reaching out to share a deal with you! The address is 1105 Alma Street, Durham, NC 27703. The cash price is $195,000.
If you've been looking for a duplex in Durham, that's reasonably priced, with plenty of room to add value and raise rents to increase cash flow, look no further!
With the Durham rental market staying strong, a duplex under $200k does not come along very often. Here's your chance to buy a property that should keep a steady cash flow for years to come with plenty of equity built in. On top of that, this is a good sized duplex with plenty of footprint to either renovate as it is, or to revamp the whole floorplan to your liking! Not to mention, it's on a good sized lot and can be a great candidate as a potential tear-down. So take a look at the pictures, run your numbers, and get in touch with me to submit an offer before it's gone!
Below are the properties details:
Duplex (2 Units)
3 Bed/1 Bath (Per Unit)
Occupancy: Tenant Occupied
SqFt: 2,112
Lot: 9,017
Year Built: 1955
Cash Price: $195,000
HERE are photos.
HERE are rental comps.
Additional Comps:
600 N. Drive Street - 2/2/1615sqft. - $455,000 ($282/Sqft.)
1505 Juniper St. - 6/5/2979sqft. - $670,000 ($225/Sqft.)
802 Park Ave. - 5/3/3229sqft. - $505,000 ($156/Sqft.)
Please reach out to me to view the property! Any questions please do not hesitate to ask.
We look forward to seeing you!
- Josh
Joshua Norman
P 919.538.0401
| Bedrooms | |
| Bathrooms | |
| Sq. footage |