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.
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.