1921 Holloway St Durham, NC 27703
- Commercial real estate
- 0.22 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1921 Holloway St
- Lot size
- 0.22 lot acres
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents two properties located at 1921 and 1923 Holloway Street in Durham, North Carolina, being sold as a single package. Situated on a combined 0.22-acre lot, this property offers a prime location just minutes from the prestigious Duke University and the vibrant downtown Durham area. Currently utilized as residential rental units, the property provides immediate income potential. Note that the lease on the property expires in May 2022. Showings are currently unavailable due to existing tenant occupancy and the property's current condition. This presents a unique chance for a savvy investor to acquire a well-positioned asset with future upside potential. The area is poised for significant growth and development, as evidenced by the North Carolina Department of Transportation's Go Durham Project #U3308, which details planned upgrades to Route 3 in the Wellons Village area. This project is expected to further enhance the desirability and value of the property. The asking price for this combined property is $230,000. Serious inquiries only. Further details regarding the property's square footage and specific unit configurations are unavailable at this time due to the current tenant occupancy.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Durham
- County
- Durham
- State
- North Carolina
- Longitude
- -78.8674
- Latitude
- 35.99253
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property Visit Statistics
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Visits by month4.2k
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Visitors by month4.9k
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Avg Time on site20 min