1120 Drew Street

Welcome to an exceptional investment opportunity in Downtown Durham! This Multifamily Duplex, nestled on a single parcel, features two 756 sq ft units, each offering 2 beds and 1 full bath floor plans. Currently renting below market value, there's incredible potential for increased rental income. One unit has already been tastefully renovated, showcasing modern allure, while the other presents a prime canvas for a savvy investor's touch. With both units currently leased until July 2024, generating a combined monthly rent of $1,250 each, this property promises immediate returns. Explore the possibilities of owner occupancy in one unit while leasing the other for additional investment income. Seize the chance to enhance value, capitalize on below-market rents, and be part of the vibrant Downtown Durham community. This is not just a property; it's a strategic investment in the heart of a thriving city. Welcome to your doorway to downtown prosperity!