210 W Geer St, Durham, NC 27701

Description

Two duplexes in Downtown Durham that are to be sold as a package. The duplex at 210 W. Geer Street features identical 2-bed and 1-bathroom units of approximately 770 SF each. The adjacent duplex at 213 Hargrove Street has 1-bed and 1-bath units of approximately 560 SF and 695 SF respectively. All four units are leased with a current total monthly income of $4,820, presenting a compelling opportunity for investors seeking cash flow with value-add potential. Furthermore, the two parcels share rear property lines and represent a combined .25 acres in a rapidly growing neighborhood. This offers creative redevelopment or tear down and rebuild scenarios in Durham's thriving eco...