1131 Drew Street, Durham, NC, 27701

REDUCED 87% MLS# 2246504 - Durham Home For Sale in Not in a Subdivision


MLS® #: 2246504
ACTIVE, 77 Days on Market

Rare opportunity to purchase portfolio of eight single family homes and one duplex for under $100,000 a door. Rents are well under market. Projected GSi is $129,000. Estimated project cost for purchase and rehab is 1,215,000 and a possible cap rate of 7.4%. Or fix and flip. Included in the package:3305 Fayetteville St 27702, 1838 Liberty St 27703, 3024 Forrester St 27704, 1211 N Hyde Park Ave 27701, 606 Red Oak Ave 27707, 528 Red Oak Ave 27707, 1131 Drew St, 816 Belvin Ave 27704, 1105 Linwood Ave 27701

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Essential Information

MLS® #: 2246504
Price: $115,000
Bedrooms: 2
Bathrooms: 2.00
Full Baths: 1
Half Baths: 1
Square Footage: 965
Acres: 0.27
Year Built: 1952
Type: Residential
Sub-Type: Detached
Style: Bungalow
Status: ACTIVE

Community Information

Address: 1131 Drew Street
Area: 111 - Central Durham
Subdivision: Not in a Subdivision
City: Durham
County: Durham
State: NC
Zip Code: 27701


Parking: Parking Pad, Street Parking


Heating: Forced Air, Heat Age 6+ Yrs
Cooling: Central Air


Exterior: Aluminum
Roof: Shingle, Roof Age 11+ Years

School Information

Elementary: Durham - Eastway
Middle: Durham - Chewning
High: Durham - Northern

Additional Information

Date Listed: April 4th, 2019
HOA Fees: 0.00

Listing Details

Listing Office: Reformation Asset Management


$/SqFt: $119

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Listing information last updated on June 20th, 2019 at 1:24pm EDT.