For Sale
$780,000

2012 Angier AveDurham, NC 27703

High-yield retail property, strong rental income.

Overview

Added:
Feb 3
Days on market:
66
This exceptional retail property located at 2012 Angier Avenue in Durham, NC, presents a compelling investment opportunity. Offered at $780,000, this property sits on a 0.1-acre lot and generates a consistent annual rental income of $7,200 ($600/month). The property is being sold "as-is," and a 48-hour notice is required for showings. This offering is part of a larger portfolio of properties, including three residential properties located on Angier Avenue. These additional properties, with MLS numbers 2434963, 2434960, and 2448424, are priced at $285,000, $250,000, and $280,000 respectively, and collectively generate an annual rental income of $68,880. The combined portfolio offers a significant investment potential with substantial rental income streams. This presents a unique opportunity for investors seeking a diversified portfolio with both retail and residential components in a desirable Durham location. The property's current rental income provides a solid foundation for future growth and potential appreciation. Serious inquiries are encouraged to explore this promising investment further. The "as-is" condition should be factored into any due diligence.

Property Details for 2012 Angier Ave

Property type
Retail properties
Year Built
1930
Lot Size (sq. ft)
4,356 SF

Location Insight

City
Durham
County
Durham
State
North Carolina
Latitude
35.98234
Longitude
-78.87904
2012 Angier Ave, Durham, North Carolina

FAQs

What type of property is this?
Retail property - High-yield retail property, strong rental income.
Where is the retail property located?
The property is located at 2012 Angier Ave Durham, NC.
What is the asking price?
The asking price for this property is $780,000.
How can I contact the broker?
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2012 Angier Ave
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