A timeless property with exceptional income potential in the heart of Durham's Historic District. This charming two-family residence offers the perfect blend of character and opportunity for investors or owner-occupants seeking rental income. With average local two-bedroom rentals going for approximately $2,000/month, this property is an excellent addition to any portfolio. Each unit features spacious bedrooms, large windows filling the space with natural light, beautiful hardwood floors, sun porches, and washer/dryer hookups. The basement provides ample storage, with additional outdoor-accessible storage spaces for tenant convenience. The fully fenced, level yard is an added perk, ideal for tenants or owners to relax or entertain, complete with an outdoor fireplace and stone fountain water feature. The front porches gives space to unwind and enjoy Main Street's historic charm. For investors seeking additional development potential, an adjacent approved building lot is available for purchase (combined price of 555K). Spanning just under an acre, it features water service already on-site and gas at the street, with septic perc test details included. Refer to MLS#24064747 for details on this exclusive land listing. This home's central location offers easy access to local attractions like the Durham Fair, Powder Ridge, and Lyman Orchards. Whether you're aiming to generate steady rental income or flexible living arrangements, this property provides great possibilities. Schedule a Private Showing

Listing courtesy of SMART_MLS / Carly Lucier / Our Home Realty Advisors

Last checked: Checking… • Last updated Dec 20, 2024 • Source: SMART_MLS

MLS# 24064765 — Report a problem

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