2 Beds
2 Baths
1,525 SqFt
2 Beds
2 Baths
1,525 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,525 sqft
Price per Sqft $157
Subdivision Hillcrest
MLS Listing ID 10157576
Style Duplex,Multi Family
Bedrooms 2
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 1,525
Year Built 1940
Annual Tax Amount $2,969
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Duplex
Source Triangle MLS
Property Description
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!
All offers MUST be submitted online; please go to ssOffer.com for detailed instructions and to download REQUIRED Addenda.
Location
State NC
County Durham
Zoning R-3
Direction To get to 1304 Holloway St in Durham, take I-85 and exit at Holloway Street (Exit 178), then head toward downtown on Holloway St for about 1-2 miles; the property will be on your right. If coming from downtown Durham, drive east on Holloway St for about a mile, and the property will be on your left.
Rooms
Other Rooms • Primary Bedroom (Additional)
Primary Bedroom Level Additional
Interior
Heating Forced Air
Cooling Central Air
Flooring Carpet, Vinyl
Exterior
Community Features None
View Y/N Yes
Roof Type Shingle
Garage No
Private Pool No
Building
Faces To get to 1304 Holloway St in Durham, take I-85 and exit at Holloway Street (Exit 178), then head toward downtown on Holloway St for about 1-2 miles; the property will be on your right. If coming from downtown Durham, drive east on Holloway St for about a mile, and the property will be on your left.
Sewer Public Sewer
Water Public
Architectural Style Traditional
Structure Type Brick
New Construction No
Schools
Elementary Schools Durham - Eastway
Middle Schools Durham - Neal
High Schools Durham - Northern
Others
Senior Community No
Tax ID 112900
Special Listing Condition Short Sale
Schools and Properties Nearby
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