$175,000
For Sale

613 E Geer Street

Durham, NC 27701
Type:Purchase
Structure:Land
Zone:Residential

Description

2 LOTS FOR THE PRICE OF 1??? Yes, you heard that right! Come get two lots for the price of 1. 613 E. Geer St. is an apprx. .17 acres 50'X150' lot that meets city of Durham UDO requirements to be two separate detached row house lots. Take advantage of this investment opportunity to build 2 detached SFH-type products for the less than $90k per lot! With comps approaching $600k (& almost $1M home on same street a block away!) the profit potential is UNBEATABLE! 613 E. Geer St is next two identical lots @ 609 & 611 E. Geer St. so the potential is to build 6 continuous new construction homes next to each other! Create your own products with its own COMPS! Instant ROI & EQUITY For INVESTORS/BUILDERS, FLIPPERS! Act Now!

  • Property Details
      • Acres0.17
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Utility FeaturesSewer Available, Water Available
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionNot in a Subdivision
    • Location
      • High SchoolDurham - Northern
      • Elementary SchoolDurham - Eastway
      • Middle SchoolDurham - Lucas
      • CountyDurham
  • Financial Details
      • Taxes Annual$1,097
  • Other
      • MLS #10055966

Location

Scott YalichReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00