Durham, NC 27707
$299,900
INVESTOR OPPORTUNITY — AS-IS AT $143/SQ FT. Vacant 4-bed / 3-bath split-level, 2,100 sq ft on 0.25 acre near NCCU, downtown Durham and Southpoint. PROVEN RENTAL HISTORY: $2,888/mo in 2024-25 and $2,411/mo most recently; market rent $2,565-$2,612/mo — roughly a 10% gross yield at list. Sold as-is: basement water intrusion (source undetermined) and the lower-level bathroom requires restoration; completed property disclosures are available for review. The value is upstairs: updated kitchen, plank flooring, spacious family room, fenced yard. Vacant with lockbox, go-and-show anytime. Cash and investor buyers welcome; quick close possible.
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Listed by Natarsha McAllister, Costello Real Estate & Investm