$420,000
 $2,385 est/mo Sourced by Back At You

905 Colfax Street,Durham, NC 27701

Durham, NC 27701

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Description

Discover an unparalleled investment opportunity in the heart of Durham, NC. This newly renovated 4-bed/2-bath duplex in the highly sought-after Hayti neighborhood As an investment, this property offers multiple avenues for returns. Capitalize on Durham's robust rental market with two separate units, providing flexibility for short-term or long-term rental strategies including living in one unit and renting the second. Extensively renovated , including a new roof, siding and windows elevate the property's curb appeal and energy efficiency. The addition of mini-split AC units provides efficient, zone-controlled climate comfort, complemented by updated light fixtures throughout for a contemporary ambiance. Step inside to experience the thoughtfully designed open floor plan in each of the 2 bedroom 2 bath room units that seamlessly integrates the living area, dining space, and kitchen - perfect for entertaining or maximizing the sense of space in each unit. The kitchen is sure to impress, featuring new appliances, a stunning butcher block waterfall island, modern lighting fixtures, new white shaker cabinets, and a stylish tiled backsplash. Ample storage, including a dedicated cabinet for washer/dryer hookup, adds to the kitchen's functionality. The bathrooms updates include new Carrara porcelain tile tub surrounds, updated tile flooring and new vanity. In the bedrooms, design elements like a board and batten focal wall in the master and a modern geometric accent wall in the secondary bedroom add visual interest and contemporary flair to the living spaces. This property sits up away from the road, with both units currently vacant and offering immediate income potential. Note that middle and high school zoning for 25/26 will change, check with the local school district for the most up-to-date information.

Details

MLS #10037254
Listing TypeFor Lease
StyleTown House
StatusPending
Year1984
Days On Site383
Listing Provided ByColdwell Banker HPW | Alexandra Katherine Pool

Features

Bed(s)4
Bath(s) 2 Total
SQ Feet1,495
Story(s)1
Units2
ZoningR-3
Acreage0.20
Property ViewYes

Market Activity 27701

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Learn More About This Property

StateNC
CountyDurham
CityDurham
Zip Code27701
AreaDurham
Community NameNot in a Subdivision
School DistrictDurham - Jordan
Elementary SchoolDurham - Fayetteville
Middle SchoolDurham - Githens
High SchoolDurham - Jordan
Listing VS Median (in Not in a Subdivision)
Price:
$420,000
low | high
Med:
$329,900
71.452380952381% of Average
SqFt:
1,495
low | high
Med:
1,708
35.752508361204% of Average
$ / SqFt:
$281
low | high
Med:
$193
81.247839299654% of Average
On site:
383
low | high
Med:
87.000000
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $315K - $525K
SqFt: 1,000 - 1,500
Nearby Listings Property ImageNearby Listings Details
908 Colfax Street Property Photo 1
$320,000
908 Colfax Street
Durham, NC 27701
903 Linwood Avenue Property Photo 1
$324,000
903 Linwood Avenue
Durham, NC 27701
Listing Updated: November 25, 2024 at 9:40:44 AM PST