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$360,000
2 Beds
- 2 Baths
2 full baths
1,008sqft
1008 Alabama Ave, Durham, NC 27705
$360,000
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Duplex
Built in 1930
$-- HOA
0.12 acre lot
$357/sq.ft
Description
Old West Durham duplex at 1008 Alabama Avenue in Durham, N.C.
The property features one-bedroom units and offers an attractive opportunity for investors seeking both in-place income and value-add potential. One unit has been recently updated and is leased for $1,000 per month (lease expiration Aug-26). The second unit is vacant, providing an opportunity for immediate upside through lease-up to market rents and value-add renovations. The vacancy also presents an excellent opportunity for an owner-occupant seeking to live in one unit while generating income from the other.
Located in Durham's desirable Old West Durham neighborhood, the property is positioned within an...
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1930
HOA Fees
-
Finished Area
1,008 sqft
Lot Size
0.12 acre lot
Basement Area
- sqft
MLS Name
Doorify MLS
MLS Number
10166156
MLS Status
Active
Days on Market
39
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