1131 Drew Street, Durham

$115,000

2 Beds
2 Baths
965 Sqft
.27 Acres
0 Garages

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

Essential Information
MLS® #2246504
Price$115,000
Bedrooms2
Bathrooms2.00
Full Baths1
Half Baths1
Square Footage965
Acres0.27
Year Built1952
TypeResidential
Sub-TypeDetached
StyleBungalow
StatusACTIVE
Community Information
Address1131 Drew Street
Area111 - Central Durham
SubdivisionNot in a Subdivision
CityDurham
CountyDurham
StateNC
Zip Code27701
Amenities
ParkingParking Pad, Street Parking
Interior
HeatingForced Air, Heat Age 6+ Yrs
CoolingCentral Air
Exterior
ExteriorAluminum
RoofShingle, Roof Age 11+ Years
School Information
ElementaryDurham - Eastway
MiddleDurham - Chewning
HighDurham - Northern
Additional Information
Date ListedApril 4th, 2019
HOA Fees0.00
Listing Details
Seller Represented ByReformation Asset Management
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Listing information last updated on June 16th, 2019 at 7:24am EDT.

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