$285,000
For Sale

1404 Gearwood Avenue

Durham, NC 27701
1925 sqft | 3 beds | 2 baths | 0.11 acres | #10077224
Browse 11 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Attention investors! Exceptional opportunity awaits in a highly sought-after neighborhood close to Downtown Durham. This property presents two distinct avenues for potential buyers: restore this charming house to its original glory targeting a $600,000 ARV or build a new home in an area where prices are exceeding $900,000, providing significant potential for return on investment. Property sold as is.

  • Property Details
      • Property SubtypeSingle Family Residence
      • HeatingElectric, Heat Pump
      • High SchoolDurham - Northern
      • Elementary SchoolDurham - Eastway
      • Middle SchoolDurham - Lucas
      • SubdivisionGeerwood Park
      • Sewer InformationPublic Sewer
      • CoolingCentral Air
      • StyleTraditional
      • Property TypePurchase
      • MLS #10077224
      • MLS #10077224
      • RoofShingle
      • Utility SourcePublic
      • CountyDurham
      • Taxes Annual$1,968
      • Cost285000
      • Acres0.11
      • Square Feet1925
      • Year Built1943
      • Bedrooms3
      • Bathrooms2
      • Full Baths2

Location

Javad Neakta | NC Real Estate GroupReal Estate Group

Interested in Purchasing 1404 Gearwood Avenue?

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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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