Discover an excellent investment opportunity in the heart of Durham, New York. Whether you're looking to expand your investment portfolio or seeking a property that accommodates multi-unit living, 621 County Route 22 presents a unique opportunity in Durham's thriving real estate market. With a steady rental history and desirable location, this property offers a lucrative opportunity for passive income or multi-generational living arrangements. This multi-family home includes 5 separate units, each with its own unique layout and amenities. Units range from, studio apartments to 2 Bedroom -sized units. This multi-family property located at 621 County Route 22. Is Situated on a spacious lot. Schedule a viewing today and explore the possibilities this income-generating property has to offer.
The median home value in Durham, NY is $820,000. This is higher than the county median home value of $298,100. The national median home value is $338,100. The average price of homes sold in Durham, NY is $820,000. Approximately 43.92% of Durham homes are owned, compared to 9.94% rented, while 46.14% 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, New York has a population of 2,638. Durham is more family-centric than the surrounding county with 27.58% of the households containing married families with children. The county average for households married with children is 26.95%.
The median household income in Durham, New York is $56,845. The median household income for the surrounding county is $62,810 compared to the national median of $69,021. The median age of people living in Durham is 43.6 years.
The average high temperature in July is 81.3 degrees, with an average low temperature in January of 12.5 degrees. The average rainfall is approximately 42.3 inches per year, with 46.8 inches of snow per year.