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Gilded Homes

PO BOX 62632
Durham, NC 27715
 (336) 298-6783
Contact Us

Gilded Homes

PO BOX 62632
Durham, NC 27715
 (336) 298-6783
Contact Us

1110 N Driver St, Durham, NC 27701

3 Bedrooms / 1 Baths / Single Family

Property Status: Sold (Wholesale) |  Sold: $135,000.00



EAST DURHAM RENTAL, REHAB OR NEW BUILD OPPORTUNITY


Property Details:
Property Style:
1-Story
Year Built:
1941
Finished Sq. Ft:
1,780
Basement:
No Basement
Owner/Agent:
Wholesale

* 1110 N Driver Street Durham NC 27701
* CASH PRICE: $135,000 ($75/sqft wow!)

* $500K homes around the corner & more on the way, so don't miss out on this opportunity to get in EARLY!

* 3 WAYS TO MAKE MONEY ON THIS DEAL:

- RENTAL- Plant your roots in this up and coming neighborhood. GREAT OPPORTUNITY, to update the main house (3bd/1ba), and COMPLETE the addition in the back by making it into an ACCESSORY DWELLING UNIT (2bd/1ba)!!!!!!! TWO Units on one parcel. This would be BRILLIANT! Rent for renovated 3 beds range $1400-$1600 & 2 beds range $1000-$1100, that's a minimum of $2400/month! Great opportunity to play the cash flow and appreciation game! Look at that, maybe you can have your cake and eat it too ;-)

- REHAB - Rehabs are selling for $200 to $237/sqft in the area. This brick ranch has tons of charm AND it would be a great opportunity to complete the addition in the back of the house and make this a jaw-dropping HGTV transformation! Keep in mind, there's a big demand for fully renovated 1 story houses in this area!

- NEW BUILD - Take advantage of the great new construction comps in the area. If you have the team in place, a beautiful brand new home could be built on this lot. Ride the builder wave and become part of the history of the area. Don't forget $500k homes selling around the corner!

* PHOTOS: https://drive.google.com/drive/folders/1y3WTjXIA41ruYME3Wzjf954vrse8zy2e
* VIDEOS: https://drive.google.com/drive/folders/1GnFdD1lFSjbCzyKK2QsJKZjKJoejYkSc



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