1304 Holloway ST, Durham, NC 27701
1304 Holloway ST, Durham, NC 27701
1304 Holloway ST, Durham, NC 27701
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Olumide Olurinmade

Olumide Olurinmade

+1(919) 699-2200
Listed by Dalton Wade, Inc.
$185,000
Est. payment /mo
2 Beds
2 Baths
1,525 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,525 sqft

Price per Sqft $121

Subdivision Hillcrest

MLS Listing ID 10157576

Style Traditional

Bedrooms 2

Full Baths 2

HOA Y/N No

Year Built 1940

Annual Tax Amount $2,969

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Duplex

Source Doorify MLS

Land Area 1525

Property Description

BACK ON MARKET through no fault of the seller! The bank appraisal came in at $180K and the previous buyer chose not to move forward. Now's your chance to grab this great investment opportunity just minutes from downtown Durham! This duplex offers strong value-add potential with both units vacant and ready for improvements--ideal for investors or renovators. Unit A (1BR/1BA | 598 sq ft above-grade finished area) was updated in 2019-2020 and features newer flooring, an updated kitchen, and a refreshed bathroom. The unit may benefit from minor cosmetic updates to maximize rental potential. Unit B (1BR/1BA | 922 sq ft above-grade finished area) requires a full renovation and is currently not livable. With the right vision, this unit offers excellent upside and could potentially be reconfigured into a 2-bedroom, 1-bath to increase income. Major system updates include: Roof replaced in 2020 HVAC system replaced in 2019 (central air) Water heater replaced in 2019 Property includes separate entrances and separate meters for each unit, making it well-suited for multi-unit rental income. Property is being sold AS-IS. Seller will make no repairs. Sale is subject to short sale approval. Prime location near downtown Durham, restaurants, and major roadways. Investor special with significant upside--don't miss this opportunity!

Location

State NC

County Durham

Community Hillcrest

Area 0.14

Zoning R-3

Rooms

Main Level Bedrooms 2

Interior

Cooling Central Air

Flooring Carpet, Luxury Vinyl

Fireplace No

Exterior

Parking Features Off Street

Community Features None

Roof Type Shingle

Garage No

Building

Story Multi/Split

Water Public

Architectural Style Traditional

New Construction No

Schools

Elementary Schools Durham - Eastway Elementary

Middle Schools Durham - Neal Middle

High Schools Durham - Northern High

Others

Senior Community No

Tax ID 112900

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

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NEARBY SCHOOL & BUSINESS

Olumide Olurinmade
Olumide Olurinmade

Broker License ID: 270678

+1(919) 699-2200 | olumide@covenantrealty.com

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1304 Holloway ST