🔥 Investor Special in Downtown Durham – Flip, Rent, or Redevelop! 🔥

3 Beds / 1 Baths • 884 SqFt
Offer Submission Deadline
  • Single Family House
  • 3
  • 1
  • 1959
  • 884
  • 884
  • No Garage

Description

429 Eugene St, Durham, NC 27701


Heavy fixer with massive upside in a rapidly developing neighborhood. Whether you're looking to flip, buy and hold, or tear down and build 2 attached units, this property fits the bill. Surrounded by brand new homes on the same street and minutes from downtown. 


This property is just minutes from the thriving Downtown Durham district, this property offers unbeatable access to the best the city has to offer—restaurants, coffee shops, bars, the Durham Bulls Athletic Park, DPAC, and the American Tobacco Campus are all just a short stroll or bike ride away.


Whether you're commuting to Duke University, NCCU, or Research Triangle Park, you'll appreciate the convenience of major highways nearby.


Link to Pictures


Link to Video Walkthrough


PLEASE DO NOT DISTURB THE TENANT


ARV Comps:

  • August 2024 - $280,000 ($288/sqft) -https://www.zillow.com/homedetails/902-Corona-St-Durham-NC-27707/49990188_zpid/
  • June 2024 - $283,000 ($311/sqft) - https://www.zillow.com/homedetails/1110-Chalmers-St-Durham-NC-27707/49990102_zpid/

Estimated Spread

  • ARV $275,000
  • Price $125,000
  • Spread $150,000

DOCS

File Name Size

Inspection Checklist - 429 Eugene St.pdf

38kb
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