2505 Chapel Hill RD new Save Request In-Person Tour Request Virtual Tour
Durham,NC 27707
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,240 sqft
Price per Sqft $291
MLS Listing ID 4250049
Bedrooms 2
Full Baths 1
Year Built 1930
Lot Size 8,712 Sqft
Property Sub-Type Single Family Residence
Property Description
Rare Investment Opportunity: 5-Property Package in Prime Durham Location (27707)
Unlock the potential of this unique 5-property portfolio located in the thriving heart of Durham, NC. Priced to move, this package includes four single-family homes, all situated within the desirable 27707 zip code — a high-demand area with strong rental growth and development potential.
Currently, 4 of the 5 properties are tenant-occupied on flexible month-to-month leases, providing immediate rental income with the option to increase rents to market rates. Current rents are significantly below market, offering substantial upside for both investors and owner-occupants.
Whether you're a seasoned investor looking to expand your portfolio, a first-time buyer seeking value-add potential, or someone interested in purchasing individual properties, this package provides flexibility and opportunity.
PROFFESIONAL MEASURMENTS TO BE TAKEN DURING DD PHASE.
Month to Month. Current rent $2,000
Location
State NC
County Durham
Zoning RU-5
Interior
Heating Floor Furnace,Wall Furnace
Cooling Central Air
Laundry Inside
Exterior
Garage Spaces 1.0
Building
Dwelling Type Site Built
Foundation Basement
Sewer Public Sewer,County Sewer
Water City,County Water
Structure Type Fiber Cement,Wood
New Construction false
Schools
Elementary Schools Unspecified
Middle Schools Unspecified
High Schools Unspecified
Others
Acceptable Financing Cash,Construction Perm Loan,Conventional,FHA 203(K),VA Loan
Listing Terms Cash,Construction Perm Loan,Conventional,FHA 203(K),VA Loan
Special Listing Condition None