This old historic home has been converted into a rooming house. The manager lives in the property. Three large bedrooms rooms each rent for $160/week ($640/month) and the two smaller bedrooms each rent for $135/week ($540/month) for a total of $3,000/month. A feasibility study (see attachments) was completed showing the additional units that can be built in the enormous backyard. Recently passed SCAD (SEE ATTACHED) (Simplifying Codes for Affordable Development) will allow for higher density development with less hurdles to jump through (effective 1/1/2024). This property has so much potential!
Great wooded cul de sac! 1.5 miles to downtown. BACK TO BACK Duplex. Unit A has all bedrooms up. Granite Kitchen open to Great Room. 8-foot Kitchen Island. HUGE walking pantry. 9 foot ceilings downstairs. Master has 2 walking closets. Double vanity in Master and Hall Bath. Lots of pretty! Stop by to see!! Unit B is 4 Bedrooms and 3 baths. Main level Guest Suite. Huge Owners Suite w walking closet. Tile shower. Granite Kitchen has 8-foot Island. Dining is separate from Living Room. Construction finished April, 2024 Listing agent is a partner in construction..
Incredible opportunity to own an established income producing property. This wonderful Historic bungalow is a part of the National East Durham Historic District and is possibly eligible for Historic tax Credits! Unit A is vacant for new tenant or owner occupant. Unit B currently rented out for instant cash flow! New roof, 2024. Wonderful historic neighborhood, walk to Old East Durham business district or Golden Belt in mere minutes! Current rent is $795 for Unit B, expires on 4/14/2025. Seller to entertain any and all requests from potential buyer!
errific investor opportunity, new construction side-by-side duplex with detached one bedroom ADU over two car garage. Conveniently located in central Durham, custom build with quartz counters, tiled backsplash, tiled master walk-in shower, open concept, eat-in peninsula. Each unit has its own HVAC unit, LVP floors thorough out, stainless steel appliances. Both Units have 3 beds, 2.5 bath, plus the detached 1 bedroom ADU over the two car garage. Conveniently located to Duke University, UNC Chapel Hill, Downtown Durham and Shopping!! These beautiful units are fully equipped with all appliances and everything conveys, please note that builder is also offering an adjoining single family home with detached ADU which would yield a total of five rental units.
Eighteen units located in the heart of Durham, less than two mile drive into down town Durham. The subject property consist of two side-by-side lots, each lot has a front brick duplex and a separate detached two story appartement building. The are a total of 18 units, 4 two bedroom one bath units and 14 one bedroom one bath units. The lot offer ample tenant parking in the front for the duplex units and a large open parking area in the rear for the apartment units.
Income producing property near downtown Durham in good condition with both sides of the duplex leased with long term tenants.
Amazing duplex investment property in Downtown Durham! Both sides currently leased with great rental history and very low maintenance. Each unit offers 2 bed, 1 full bath, living room, kitchen, vinyl flooring, new roof installed 2018, and all siding replaced with fiber cement in 2020. Unit A (right side) has new kitchen cabinets.
Turnkey duplex in Old East Durham. A side was updated a couple of years ago and B side updates were just completed. Renovated kitchens and bathrooms, new windows, new mini-split HVAC system, new hot water heater, ceiling fans with remotes, updated plumbing and electrical among other renovations. Laundry closet with washer/dryer hook-ups. Neighborhood experiencing a revitalization with many renovations taking place. Close to all of the downtown hot spots.
The median home value in Durham, NC is $223,200. This is lower than the county median home value of $234,600. The national median home value is $219,700. The average price of homes sold in Durham, NC is $223,200. Approximately 45.27% of Durham homes are owned, compared to 47.15% rented, while 7.57% are vacant. Durham real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Durham real estate agent to arrange a tour today!
Durham, North Carolina 27703 has a population of 257,232. Durham 27703 is more family-centric than the surrounding county with 31.26% of the households containing married families with children. The county average for households married with children is 28.48%.
The median household income in Durham, North Carolina 27703 is $54,284. The median household income for the surrounding county is $56,393 compared to the national median of $57,652. The median age of people living in Durham 27703 is 33.6 years.
The average high temperature in July is 88.4 degrees, with an average low temperature in January of 28.9 degrees. The average rainfall is approximately 46 inches per year, with 3.8 inches of snow per year.