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1409 Gearwood Ave, Durham, NC 27701

Single Family / 2 Bedroom(s) / 2 Bath(s)

Property Status:  For Sale | $285,000.00 (Wholesale) | 

Property Photos
1409 Gearwood Ave (Image - 1)

OFF-MARKET! Investor’s Dream: Updated Duplex in High-Demand Durham Market

Property Status:
For Sale | $285,000.00 (Wholesale)
Property Details:
Single Family / 2 BR / 2 BA
Property Style:
Duplex
Year Built:
1945
Finished Sq Ft:
1,120
Basement:
No Basement
Owner / Agent:
Wholesale
Property Features:
No Property Features Listed.
Contact Info
Worthy Investment Properties
(919) 551-7715

View on Individual's Website
Property Description:

Both units updated, roof and windows replaced, zoned RU-5(2) for future potential – a standout Durham investment


Rental opportunity!


Overview:
Located in Durham, is a tenant-occupied duplex. The right unit has been completely remodeled with an open floor plan, LVP flooring throughout, new laminated kitchen countertops, and a 3-year-old HVAC system. The left unit features carpeted floors, tile in the kitchen and bathroom, and a wall-mounted HVAC. Both units have newer water heaters, and the roof was replaced 5 years ago. Zoned RU-5(2) and set on a 6,098 sq. ft. lot, the property offers flexibility for growth. With thoughtful upgrades already completed, this is a rare opportunity to own a move-in-ready in one of Durham’s high-demand markets.

Bedrooms: 2 bedrooms
Bathrooms: 2 bathroom
Rooms: Total of 4
Living Area: 1,120 sq. ft.
Lot Size: 6,098 sqft
Zoning Code: RU-5
Number of Buildings: 1
Heating: Forced air
Utility Type: Water (Public), Sewer (Public)

 
STARTING OFFER PRICE: $285K
 

Call or text our team
(919) 551-6515


For viewing, offers, and showing schedules.


Legal Disclaimer:
This is a Wholesale Deal. The investor is not selling the property for the seller. The investor is a principal party in a valid and assignable purchase agreement which allows the investor to purchase the subject property from the seller. This purchase agreement is being offered for sale for an assignment fee to a 3rd party granting that party the opportunity to execute the purchase agreement to buy this home. The investor has the right to market the property, list the property on the MLS (Multiple Listing Service) and advertise the property on any online or offline marketing source as investor choses in order to find a prospective buyer to assign this contract to for an assignment fee. North Carolina Real Estate Investors Association is not responsible nor will be held liable for the property or the information listed here.

North Carolina Real Estate Investors Association is not responsible for the properties or the information listed here. Each Property is independently owned.  Click on the link above to contact the Property Owner about this property.

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