Deaton GREA is pleased to offer, as the exclusive agent for the seller, this duplex for sell near downtown Durham. This offering presents a value-add opportunity in the path of progress near Durham’s thriving and diverse economic core. This two-story duplex features a two-bedroom, one-bathroom floor plan on each level. Located in a rapidly evolving neighborhood, there are high-end, new construction homes in all directions. Unit A (upper level) will be vacant as of May 1, 2025. The owner is going to leave it vacant for the next investor to set their own rent or for an owner-occupant. Unit B (lower level) is rented to a long-term tenant at $1,000 per month.
| Unit | Type | Size | Rent |
|---|---|---|---|
| A (UPPER LEVEL) | 2 BD/1 BA | 743 SF | $1,200 MARKET |
| B (LOWER LEVEL) | 2 BD/1 BA | 743 SF | $1,000 MONTH-TO-MONTH |
| PIN | 0831-19-8658 |
| Tax Value | $397,556 |
| Taxes | 2025 TAX BILL PENDING |
| Lot Size | .0916 ACRES |
| Year Built | 1920 |
| Exterior | VINYL |
| Floors | LVP, VINYL, HARDWOOD |
| Foundation | SLAB |
| HVAC | CENTRAL AIR |
| Utilities | PAID BY TENANTS |
| Legal Description | PROP-MAY LAND/LT#29 1/2 PL:000000-000000 |
| Appliances | RANGE, REFRIGERATOR, WASHER & DRYER CONNECTIONS |
| Zoning | RUM |
Agent Information Thomas T Furlow