$625,000
For Sale

832 Old Oxford Road

Durham, NC 27704
Browse 8 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

This is a great great opportunity to invest in 8 lots that are already subdivided. These are RU-5 lots and zoning allows for different options: Single family or Duplex (Durham UDO 6.4.2) where both of which can have an accessory dwelling (ADU) such as a detached garage with an apartment or guest house in the backyard. (Durham UDO 5.4.2). Each lot is estimated around 0.19 to 0.20 acres. These lots provide great opportunity to build spec homes or large rental portfolio (8 duplexes w/ ADU = 24 units, 4 beds each duplex side =64bedrooms). The seller is selling all 8 lots as a package. Bring your own builder or we have a builders for you. Addresses are 834 and go to 820 Old Oxford Road. Lots will need to be cleared. Survey has been completed. Total of about 1.54 acres with all 8 lots combined.

  • Property Details
      • Utility FeaturesElectricity Available, Septic Available, Sewer Available, None, Other
      • Sewer InformationPrivate Sewer, Septic Needed
      • SubdivisionNot in a Subdivision
      • Elementary SchoolDurham - Sandy Ridge
      • High SchoolDurham - Northern
      • Property SubtypeUnimproved Land
      • Middle SchoolDurham - Lucas
      • Lot FeaturesSubdivided
      • Lot DescriptionSubdivided
      • Property TypePurchase
      • MLS #10081727
      • MLS #10081727
      • CountyDurham
      • Cost625000
      • Utility SourceOther
      • Acres1.54
      • Taxes Annual$250

Location

Javad Neakta | NC Real Estate GroupReal Estate Group
OR

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