719 Holloway Street presents a value-add duplex opportunity in a rapidly growing Durham corridor. The property consists of two identical 2-bedroom, 1-bathroom units and will be delivered fully vacant, allowing an investor to lease both units at market rents. Estimated rents are approximately $1,200 per month per unit. The duplex was recently relocated to the site (permit available in documents) and placed on a new foundation, with additional improvements including new decks and a freshly painted exterior. With major exterior work already completed, ownership can focus on minor interior improvements and lease-up to create value. Located in the path of progress, the property offers attractive upside at an entry-level price point. A survey showing the shared driveway is available in the documents. Tax records have not yet been updated to reflect the relocated structure.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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