TWO DUPLEXES IN DOWNTOWN DURHAM
DEATON is pleased to present for sale, as the exclusive broker for the seller, two duplexes in Downtown Durham that are to be sold as a package. The duplex at 210 W. Geer Street features identical 2-bed and 1-bathroom units of approximately 770 SF each. The adjacent duplex at 213 Hargrove Street has 1-bed and 1-bath units of approximately 560 SF and 695 SF respectively. All four units are leased with a current total monthly income of $4,820, presenting a compelling opportunity for investors seeking cash flow with value-add potential. Furthermore, the two parcels share rear property lines and represent a combined .25 acres in a rapidly growing neighborhood. This offers creative redevelopment or tear down and rebuild scenarios in Durham’s thriving economic core.
UNIT INFORMATION
| Unit | Type | Size | Rent |
|---|---|---|---|
| 210 W GEER - A | 2 BD/1 BA | 770 SF | $1,365 |
| 210 W GEER - B | 2 BD/1 BA | 770 SF | $1,410 |
| 213 HARGROVE - A | 1 BD /1 BA | 560 SF | $990 |
| 213 HARGROVE - B | 1 BD /1 BA | 695 SF | $1,055 |
PROPERTY INFORMATION
| PIN | 0832-00-5317, 0832-00-4497 |
| Tax Value | $429,438 + $417,613 = $847,051 |
| Taxes | $4,730.19 + $4,566.79 = $9,296.989 |
| Lot Size | .13 + .12 = .25 ACRES |
| Year Built | 1940, 1938 |
| Exterior | WOOD |
| Floors | HARDWOOD, LVP, CARPET, VINYL, TILE |
| Foundation | CRAWL |
| HVAC | CENTRAL AIR |
| Utilities | OWNERS PAYS WATER/SEWER FOR HARGROVE. TENANTS PAY ALL OTHER UTILITIES |
| Legal Description | PROP-SOUTHERN REPAIR SERVICE INC PL:000000-000000, PROP-RIGSBEE R H/BLK:D/LT #07 E 45 FT<#08 W 10 F PL:000012-000035 |
| Appliances | RANGE, REFRIGERATOR, DISHWASHER, WASHER/DRYER CONNECTIONS |
| Zoning | RU-M, RU-5 |
Agent Information Thomas T Furlow
Location Map
TWO DUPLEXES IN DOWNTOWN DURHAM