Durham County, Durham, NC 27704
3 bd2 ba1,160 sfBuilt 1955
Gross spread$57,421
Description
Constance Ave | Durham, NC 27704 NEAR TURNKEY RENTAL • SECTION 8 POTENTIAL • MINIMAL REHAB • BUY & HOLD OPPORTUNITY INVESTORS, THIS IS THE TYPE OF RENTAL OPPORTUNITY YOU DON'T WANT TO OVERLOOK! Looking for a low-maintenance investment opportunity in the growing Durham, North Carolina market? 2912 Constance Avenue offers an attractive opportunity for investors seeking long-term rental income without taking on a major renovation project. With a projected after-repair value of approximately $220,000 and an estimated $10,000 cosmetic refresh, this property could be an excellent addition to your rental portfolio. Whether you're an experienced landlord expanding your holdings or an investor looking for a potential Section 8 / Housing Choice Voucher rental, this property deserves your attention! INVESTMENT HIGHLIGHTS Projected ARV: $220,000 Estimated Renovation: Approximately $10,000 Condition: Light cosmetic updates needed Investment Strategy: Buy & Hold / Long-Term Rental Section 8 Potential: Explore participation in the Housing Choice Voucher program, subject to inspection and approval Value-Add Opportunity: Refresh the property and position it for rental income without a major construction project WHY INVESTORS SHOULD TAKE NOTICE Minimal Renovation, Maximum Focus on Cash Flow! Forget the extensive renovation timelines and major construction headaches. With an estimated $10K in improvements, this property offers the opportunity to focus on getting the home rent-ready and generating income. Section 8 Rental Potential! For investors interested in voucher-assisted housing, this property could offer an additional leasing strategy. Approved rental amounts depend on the property, tenant eligibility, program requirements, and local rent-reasonableness standards. Multiple Investment Strategies! Renovate and hold for monthly cash flow, explore a voucher-assisted tenancy, or consider resale after completing the cosmetic improvements. THE OPPORTUNITY IS IN THE NUMBERS! With a projected $220K ARV and only approximately $10K in cosmetic work, 2912 Constance Avenue has the ingredients of an attractive value-add rental investment. Bring your numbers, evaluate the rental potential, and get ready to add another property to your portfolio! CASH BUYERS & LANDLORDS — CONTACT US TODAY! [representative][representative][contact details hidden] Call or text for asking price, property details, and access information. Property sold as-is. ARV and renovation estimates are preliminary. Buyers should independently verify condition, rents, valuation, and Housing Choice Voucher eligibility. Rental income and program approval are not guaranteed.
$/sqft vs market
Median of 17 comparable listings matched on ZIP + property type. A narrow sample moves a lot; read it as context, not as a valuation.
Property
Systems & condition
Self-reported by the seller. Not inspected.
Property information
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