1120 Drew ST, Durham, NC 27701
1120 Drew ST, Durham, NC 27701
1120 Drew ST, Durham, NC 27701
1120 Drew ST, Durham, NC 27701
1120 Drew ST, Durham, NC 27701
1120 Drew ST, Durham, NC 27701
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Jed Gronewald

Jed Gronewald

+1(919) 606-2310
Listed by EXP Realty LLC
$ 375,000
Est. payment | /mo

4 Beds

2 Baths

1,512 SqFt

Save
$ 375,000
Est. payment | /mo
Save

4 Beds

2 Baths

1,512 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,512 sqft

Price per Sqft $248

Subdivision Not In A Subdivision

MLS Listing ID 10156905

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1971

Annual Tax Amount $3,267

Lot Size 1,512 Sqft

Acres 0.19

Property Sub-Type Duplex

Source Doorify MLS

Land Area 1512

Property Description

This beautifully renovated duplex presents a compelling investment opportunity in the heart of Durham, strategically positioned within a high-demand rental corridor. Each unit has been thoughtfully remodeled to deliver modern finishes, functional layouts, and turnkey convenience, making it exceptionally attractive to both tenants and investors alike. The property benefits from strong rental performance in the immediate area, with comparable units achieving approximately $1,500 per month per side, offering robust income potential and long-term upside. Additionally, all major appliances are included, further enhancing the asset's move-in readiness and reducing upfront costs for ownership. Whether you are seeking to expand your portfolio or secure a cash-flowing asset in a rapidly appreciating market, this duplex represents a highly efficient and scalable investment.

Location

State NC

County Durham

Community Not In A Subdivision

Area 0.19

Zoning R-3

Interior

Heating Wall Furnace

Cooling Wall Unit(s), Wall/Window Unit(s), Window Unit(s)

Flooring Luxury Vinyl

Fireplace No

Exterior

Parking Features Gravel

Roof Type Shingle

Garage No

Building

Story One

Water Public

New Construction No

Schools

Elementary Schools Durham - Eastway

Middle Schools Durham - Durham School Of The Arts

High Schools Durham - Durham School Of The Arts

Others

Tax ID 113260

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Doorify MLS

Nearby Locations

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Jed Gronewald
Jed Gronewald

Broker | Advisor | REALTOR® | Lic# 217735

+1(919) 606-2310

7501 Creedmoor Rd. Suite 102, Raleigh, NC, 27613, USA

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1120 Drew ST