Durham Wholesale Deal Available for Assignment Available

  • $109,900
  • 3 beds
  • 1 baths
  • 1352 sqft

ATTN Flippers!!! Durham Fixer-upper in need of TLC. 3-4 BR/1Bath (tons of SF to add 2nd bathroom) 2 Living Rooms, Family Room, Informal Dining room, Large yard. No City taxes. No HOA.

Minutes to DPAC, DBAP and all the entertainment and nightlife Downtown Durham has to offer. Easy commute to Hwy 70 and I-85. This cozy home and property is a gem…in a quiet, nice community in the Durham suburbs. Home sold AS-IS.

Address: 2111 Faith Drive, Durham NC 27704
3 bed 1 bath (potential to add 2nd bathroom), 1,352 SqFt
Price: $109,900 CASH
ARV: Rehabbed sold comps selling for $150-175/SF

Repairs needed: TBD by investor
Market rent: $1,200

Airbnb/Short Term Rental: $3,000-4,000/mo

Occupancy: VACANT and easy to show

Comps selling for $150-217/SqFt

Comps 4103 Cheek Rd, Durham, sold for $305K ($217/SF), 7/2/21

Comp 322 S Mineral Springs Durham NC, sold for $229K, 2/17/21

Comp 2427 Redwood Redwood Rd, Durham, sold for $215K, 7/12/21

Comp 2009 Folkstrom Drive Durham, sold for $210,000 5/20/2021

Comp Under contract: 631 Hurley Rd, Durham $259,900

Group Showing Date: TBD

CASH BUYERS ONLY

*If you prefer not to bid against other investors, offers may be accepted before showing date. If accepted, contract will be assigned and a private walk-through will be scheduled.

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We are selling our assignable purchase agreement on this property.

Buyer to close in 10 days, $2,500 non-refundable deposit required upon acceptance of offer.

Call to schedule a showing. Do not show up to property without an appointment.

For More Info or to make offer call Polite Properties at 919-877-6774 or email Info@politeproperties.com. For more off-market wholesale deals like this, sign up for our VIP Cash Buyers list at www.reicashbuyer.com.

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Need more information or want to accept or make an offer? 

– My contact information is below.

– Phone(Call or Text)Text Preferred: 919-877-6774

– Email: Info@politeproperties.com

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Disclaimer: Please do your own due diligence. House is being sold as-is, and the buyer is to pay all closing costs. Price based on a cash or hard money offer. All properties offered are either owned by Polite Property Investments LLC, or under contract and selling equitable interest, or offered in conjunction with a business associate. All offers on properties require a $2,500 non-refundable earnest deposit and 10 day close of escrow. No waiting for a response. We respond immediately to an offer. Equal Opportunity Housing. If You or Your entity do ANYTHING to jeopardize the contract between Polite Property Investments LLC and seller of the property, including but not limited to marketing the property without authorization, putting the property on craigslist, or going to the property without permission YOU or Your ENTITY WILL BE HELD PERSONALLY RESPONSIBLE FOR DAMAGES OF TOTAL PROJECTED PROFIT MARGINS.

Copyright © 2021 Polite Property Investments LLC, All rights reserved. 

Price:
$109,900
Address:
2111 Faith Drive
Durham, NC 27704
Square Feet:
1352
Lot Size:
.6 acres
Bedrooms:
3
Bathrooms:
1
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1960
Basement:
Crawl Space

Additional Features

Large yard, 2 living rooms

Call 877-289-6436 for more details

Property Location