2 Beds
2 Baths
1,525 SqFt
2 Beds
2 Baths
1,525 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,525 sqft
Price per Sqft $134
Subdivision Hillcrest
MLS Listing ID 10157576
Style Traditional
Bedrooms 2
Full Baths 2
HOA Y/N No
Year Built 1940
Annual Tax Amount $2,969
Lot Size 1,525 Sqft
Acres 0.14
Property Sub-Type Duplex
Source Doorify MLS
Land Area 1525
Property Description
Great investment opportunity just minutes from downtown Durham! This duplex offers strong value-add potential with both units vacant and ready for improvements--ideal for investors or renovators.
Unit A (1BR/1BA | 598 sq ft above-grade finished area) was updated in 2019-2020 and features newer flooring, an updated kitchen, and a refreshed bathroom. The unit may benefit from minor cosmetic updates to maximize rental potential.
Unit B (1BR/1BA | 922 sq ft above-grade finished area) requires a full renovation and is currently not livable. With the right vision, this unit offers excellent upside and could potentially be reconfigured into a 2-bedroom, 1-bath to increase income.
Major system updates include:
Roof replaced in 2020
HVAC system replaced in 2019 (central air)
Water heater replaced in 2019
Property includes separate entrances and separate meters for each unit, making it well-suited for multi-unit rental income.
Property is being sold AS-IS. Seller will make no repairs. Sale is subject to short sale approval.
Prime location near downtown Durham, restaurants, and major roadways.
Investor special with significant upside--don't miss this opportunity!
Location
State NC
County Durham
Community Hillcrest
Area 0.14
Zoning R-3
Interior
Cooling Central Air
Flooring Carpet, Luxury Vinyl
Fireplace No
Exterior
Parking Features Off Street
Community Features None
Roof Type Shingle
Garage No
Building
Story Multi/Split
Water Public
Architectural Style Traditional
New Construction No
Schools
Elementary Schools Durham - Eastway Elementary
Middle Schools Durham - Neal Middle
High Schools Durham - Northern High
Others
Senior Community No
Tax ID 112900
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
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