Great Flip Opportunity Duplex Durham NC
Lets start with the comps:
SOLD AFTER REPAIR:
1109 Calvin St - 1,136 sqft for $209,000
1106 Calvin St - 1,360 sqft for $197,000
SOLD BEFORE REPAIR:
1117 Spruce St - 1,344 sqft for $93,000
1113 Spruce St - 1,164 sqft for $136,000
1106 Spruce St - 1,384 sqft for $138,000
ON Market:
1112 N Hyde Park Ave - 1,641 sqft for $325,000
1105 Fern St - 1,556 sqft for $249,900
1110 Spruce St - 1,027 sqft for $244,900 (RIGHT NEXT DOOR)
This is a rehab for the right flip investor.
This property is considered a duplex however we feel that you can rehab and generate a higher profit as a SFH.
This is the biggest property on the street...it is over 1800 SQFT.
Repairs - With the ARV being anywhere from $230,000-$330,000 you have plenty of finishes to work with, our contractors estimate this $71,000 - $84,000 (Depends on Finishes)
ARV - From $230,000-$330,000, we would put it on the market for $245,000 -$265,000 as a SFH with great features.
Open House Tomorrow June 28th 10am-11:30am
Call Michael for appointments
Wholesale Price: $90,000
Turn-Key Price: $175,000 we take care of everything including mgmt or resale if needed.
Send all offers to or call us
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Open House Tomorrow June 28th 10am-11:30am
Call Michael for appointments
Wholesale Price: $90,000
Turn-Key Price: $175,000 we take care of everything including mgmt or resale if needed.
Send all offers to or call us