3024 Forrester Street

    Durham, NC 27704
    • $100,000
    • STATUS: Active
    • ON SITE: 46 days
    • ID#: 2246523
    UPDATED: 13 min ago
    $100,000
    • 2
      BEDS
    • 0.19
      ACRES
    • 1
      BATHS
    • 0
      1/2 BATHS
    • 612
      SQFT
    • $163
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1960
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    Courtesy of Reformation Asset Management.




    Description

    Rare opportunity to purchase portfolio of eight single family homes and one duplex for under $100,000 a door. Rents are well under market. Projected GSi is $129,000. Estimated project cost for purchase and rehab is 1,215,000 and a possible cap rate of 7.4%. Or fix and flip. Included in the package:3305 Fayetteville St 27702, 1838 Liberty St 27703, 3024 Forrester St 27704, 1211 N Hyde Park Ave 27701, 606 Red Oak Ave 27707, 528 Red Oak Ave 27707, 1131 Drew St, 816 Belvin Ave 27704, 1105 Linwood Ave 27701

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    The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange™ Program of the Triangle MLS, Inc. of Cary. Real estate listings held by brokerage firms other than RE/MAX Real Estate Service are marked with the Internet Data Exchange™ logo or the Internet Data Exchange™ thumbnail logo (the TMLS logo) and detailed information about them includes the name of the listing firms. Listing information is deemed reliable but not guaranteed. This web site is monitored for signs of third party scraping and any use of search facilities of data on the site, other than by potential buyers and sellers, is prohibited. Data last updated 2019-05-21T21:48:27.193.
    www.crystalcopas.com/homes/93379645

    3024 Forrester Street Durham, NC 27704

    • Price: $100,000
    • Status: Active
    • Updated: 13 min ago
    • ID#: 2246523
    2
    Beds
    1
    Baths
    0
    ½ Baths
    0.19
    Acres
    612
    SQFT
    $163
    $/SQFT
    1960
    Built
    Neighborhood:
    Bowden Rebekah Prop
    County:
    Durham
    Area:
    120 - Durham - East Club Blvd
    Elementary School:
    Durham - Glenn
    Middle School:
    Durham - Lucas
    High School:
    Durham - Northern
    Property Description
    Rare opportunity to purchase portfolio of eight single family homes and one duplex for under $100,000 a door. Rents are well under market. Projected GSi is $129,000. Estimated project cost for purchase and rehab is 1,215,000 and a possible cap rate of 7.4%. Or fix and flip. Included in the package:3305 Fayetteville St 27702, 1838 Liberty St 27703, 3024 Forrester St 27704, 1211 N Hyde Park Ave 27701, 606 Red Oak Ave 27707, 528 Red Oak Ave 27707, 1131 Drew St, 816 Belvin Ave 27704, 1105 Linwood Ave 27701
    Exterior Features

    Construction Type Site Built Design One Story Exterior Finish Vinyl Ext Parking Street Parking Roof Shingle Style Ranch

    Interior Features

    Basement No Bedrooms1st Floor Yes Cooling Window Unit(S) Fireplace 0 Flooring Hardwood Fuel Heat Electric Fuel Heating Space Heater Living Area Above Grade 612 Living Area Below Grade 0 Master Bedroom1st Floor Yes Number Of Rooms 3 Other Area Above Grade 0 Other Area Below Grade 0 Total Other Area Sq Ft 0 Water Heater Electric Wh

    Property Features

    Acres 0-.25 Acres Hoa Fees Include None Known Hoa1 Fees Amount 0 Hoa2 Fees Amount 0 Lot Dimensions 49X200x35x200 Lot Number 1 Monthto Month Yes New Construction No Ownership Type Other (Sfh incl) Property Description Single Family Sale Rent For Sale Special Conditions No Special Conditions Tax Annual Amount 507

    © 2019 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.



    The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange™ Program of the Triangle MLS, Inc. of Cary. Real estate listings held by brokerage firms other than RE/MAX Real Estate Service are marked with the Internet Data Exchange™ logo or the Internet Data Exchange™ thumbnail logo (the TMLS logo) and detailed information about them includes the name of the listing firms. Listing information is deemed reliable but not guaranteed. This web site is monitored for signs of third party scraping and any use of search facilities of data on the site, other than by potential buyers and sellers, is prohibited. Data last updated 2019-05-21T21:48:27.193.
     
    RE/MAX Real Estate Service
    132 N Steele St
    Sanford NC, 27330
    Courtesy of Reformation Asset Management.