DURHAM INCOME PROPERTIES AND DEVELOPMENT LOTS
Deaton GREA, as the exclusive listing broker for the seller, is pleased to present this collection of rental properties and development lots in Durham to the market for sell. Located along E. Geer Street at the intersection of N. Roxboro Street, these properties are less than one mile from Durham’s thriving downtown core and situated in one of Durham’s most dynamic and rapidly developing neighborhoods. The offering presents a great opportunity to acquire a single, income-producing property or an assemblage of parcels with redevelopment potential.
The properties offer easy access to major highways, employment centers, and demand drivers throughout the Triangle. This correlates to incredible demand for rentals and record sales prices for new construction homes in the neighborhood.
The owner is offering these properties for sale on an individual basis as outlined below. However, packaged offers will be considered.
– 1122, 1124, and 1126 N Roxboro = $650,000 / single family & two vacant lots
– 206 E. Geer = $385,000 / duplex
– 208 E. Geer = $400,000 / duplex
– 1123 Gurley = $385,000 / duplex
– 1113 and 1115 Gurley = $395,000 / duplex and vacant lot
UNIT INFORMATION
| Unit | Type | Size | Rent |
|---|---|---|---|
| 1122 N. Roxboro | 3 BD / 1 BA | 1.025 SF APPROX. | $1,595 |
| 206-A E. GEER | 2 BD/1 BA | 950 SF APPROX. | $1,060 |
| 206-B E. GEER | 2 BD/1 BA | 755 SF APPROX. | $1,060 |
| 208-A E. GEER | 2 BD/1 BA | 720 SF APPROX. | $1,095 |
| 208-B E. GEER | 2 BD/1 BA | 720 SF APPROX. | $940 |
| 1123-A GURLEY | 2 BD/1 BA | 848 SF APPROX. | $1,085 |
| 1123-B GURLEY | 2 BD/1 BA | 848 SF APPROX. | $1,325 |
| 1113-A GURLEY | 2 BD/1 BA | 1,000 SF APPROX. | $1,134 |
| 1113-B GURLEY | 2 BD/1 BA | 1,000 SF APPROX. | $980 |
Location Map
DURHAM INCOME PROPERTIES AND DEVELOPMENT LOTS