NC > Durham > Not In A Subdivision
Durham, NC 27701,208 E Geer Street
Durham, NC 27701,208 E Geer Street
Durham, NC 27701,208 E Geer Street
Durham, NC 27701,208 E Geer Street
Durham, NC 27701,208 E Geer Street
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Jason Walters

Jason Walters

+1(252) 904-0357
Listed by Deaton Investment Real Estate
$ 360,000
Est. payment | /mo

4 Beds

2 Baths

1,490 SqFt

Save
$ 360,000
Est. payment | /mo
Save

4 Beds

2 Baths

1,490 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Square Footage 1,490 sqft

Price per Sqft $241

Subdivision Not In A Subdivision

MLS Listing ID 10095867

Bedrooms 4

Full Baths 2

Abv Grd Liv Area 1,490

Year Built 1958

Annual Tax Amount $2,579

Lot Size 0.260 Acres

Acres 0.26

Property Sub-Type Duplex

Source Triangle MLS

Property Description

Brick duplex near downtown Durham offering a value-add opportunity in the path of progress near Durham's thriving and diverse economic core. Built in 1958, the one-story duplex features identical 2-bed, 1-bath floor plans and sits on a large, deep lot of .26 acres. The land offers the potential to realize significant value creation. It allows for multiple expansion opportunities to the existing building, the building of an ADU, or potentially redevelopment with additional units. Located in a rapidly evolving neighborhood, there are high-end, new construction homes in all directions. The current rents are below market and could be raised to $1,400-$1,500 per unit with strategic renovations and updates. Unit A = $1,095. Unit B = $940 (tenant 10+ years)

Location

State NC

County Durham

Interior

Heating Electric

Cooling Window Unit(s)

Flooring Hardwood, Tile, Vinyl

Exterior

View Y/N Yes

Roof Type Shingle

Private Pool No

Building

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction No

Others

Tax ID 0831198918

Special Listing Condition Standard

Doorify MLS / Triangle MLS
agent-avatar

+1(252) 904-0357

jason@waltersteam.com

526 E Nash Street, Hope, NC, 27882, United States

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