**(VACANT INFILL LOT) MINUTES FROM DOWNTOWN DURHAM & DUKE UNIV** New Build MULTI-FAMILY or TOWNHOUSE Opportunity! (Durham, NC 27703)
Asking Price: $97,300
MULTI-FAMILY (DUPLEX) ARV: $557,000
PIN: 0831522264
- Opportunity to build a New Construction MULTI-FAMILY or TOWNHOUSE
- Under 10 Minutes from Downtown Durham & Duke University
- Previous SFR dwelling was removed ~15 years ago
- Tap-in Access to City Water & City Sewage
- 0.19 Acres (8,276 Sqft)
- Infill vacant lot, needs cleared of overgrown shrubbery
- Rezoned to OI in 2015
- Taxes: $217 Annual
MULTI-FAMILY (DUPLEX) COMPS:
– 910 Spruce St (Duplex) SOLD $600,000 6bd / 5ba 2,842 Sqft
– 1211 N Guthrie Ave (Duplex) SOLD $515,000 6bd / 5ba
LAND COMPS:
– 307 Raynor St SOLD $138,000 0.20 Acres
– 409 Clay St SOLD $135,000 0.264 Acres
Click here to Submit Offer>>Offer Link
Looking for a CASH transaction. This is an assignment of contract and a non-refundable deposit is required in order to lock up the deal.
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Submitting your offer
Please submit your Highest and best offer once all due diligence has been completed. The highest and best will be accepted based on speed of closing, convenience and price.
All offers must be cash, private lending or hard money only, with the ability to close within (21) days or less. Price is net to the seller, buyer pays all closing costs unless otherwise specified.
After the offer is accepted, the contract must be signed and EMD must be received within 24 hrs to the agency/office that is facilitating the closing. Minimum EMD amount for this property is $5,000. Earnest Money Deposit is Non-Refundable unless title cannot be cleared.
All properties in which the contract is assigned will be delivered fully insured with clear title from a reputable title company/attorney’s office and underwriter.
Basic Terms
For any offering, we either own the property or have equitable ownership interest with the ability to assign our contractual rights to the purchasing party. The buyer is responsible for their own due diligence and verifying all facts and figures in regards to purchasing the property. The opinion of value is given as a courtesy only as the seller makes no guarantees or warranties, express or implied, as to the value or condition of the property.
Wholesalers and Real Estate Agents
You may share this property with your buyers, however, please do not post this deal on any online platform without our consent. Wholesalers and Real Estate Agents, please add your fee and/or commission on top of our offering price when marketing to clients. To discuss further, please contact us.
Click here to Submit Offer>> Offer Link
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