719 Holloway St, Durham, NC 27701

Description

719 Holloway Street presents a value-add duplex opportunity in a rapidly growing Durham corridor. The property consists of two identical 2-bedroom, 1-bathroom units and will be delivered fully vacant, allowing an investor to lease both units at market rents. Estimated rents are approximately $1,200 per month per unit. The duplex was recently relocated to the site (permit available in documents) and placed on a new foundation, with additional improvements including new decks and a freshly painted exterior. With major exterior work already completed, ownership can focus on minor interior improvements and lease-up to create value. Located in the path of progress, the propert...