Property Description:
I have an off market triplex in Durham for sale (previous buyer's hard money financing fell through), walking distance to Downtown, surrounded by new build $350-$450k homes. Previous buyer's financing fell through. I own this triplex and normally buy and hold but I'm considering selling this to another investor since I have several properties I'm renovating at the same time and can't renovate and re-rent them all at the same time. Here's the craigslist post I just made for the property:
raleigh.craigslist.org/reo/6714792686.html
See location in post and check out google street view in the surrounding streets - lots that show as vacant have new builds on them too if you drive by. This is a home run regardless if a flip or buy and hold. HUGE ot that spans two blocks, which also means this is a great future redevelopment investment.
$240k asking price, needs about $18k of rehab after month-to-month tenants are asked to vacate, then rent each unit for $900/mo ($27,00/mo total) or retail flip for $320k ARV.
DO NOT DISTURB TENANTS UNDER ANY CIRCUMSTANCES
Let me know if interested. I have inspection reports on all 3 units I can share electronically with an accepted soft offer. Best contact method is to text or call me at: 919-589-7129