Listing courtesy of Deaton Investment Real Estate

Income producing development opportunity consisting of three properties - two vacant lots at 1124 and 1126 N. Roxboro Street & a single-family home at 1122 N. Roxboro Street. The two lots are zoned Commercial General (GC) and the single-family parcel is zoned Residential Urban-Multifamily (RU-M). The properties combine for a total of .5781 acres. The single-family home was built in 1996 and features 3-bedrooms and 1-bath. The home is currently rented for $1,595 and is scheduled to increase to $1,670 upon the lease renewal on April 1, 2025. This offering presents a unique opportunity for rental income and redevelopment in the path of progress near Durham's thriving and diverse economic core. Located in a rapidly evolving neighborhood, there are high-end, new construction homes in all directions.