2507 Chapel Hill RD Durham, NC 27707
3 Beds
2 Baths
1,780 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,780 sqft
Price per Sqft $246
MLS Listing ID 4250051
Bedrooms 3
Full Baths 1
Half Baths 1
Abv Grd Liv Area 1,780
Year Built 1920
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type Single Family Residence
Property Description
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.
MEASURMENTS ARE ESTIMATES NOT EXACT.
Currently rented at $2000. Month to Month Lease.
Location
State NC
County Durham
Zoning RU-5
Rooms
Basement Basement Garage Door
Main Level Bedrooms 2
Main Level Primary Bedroom
Interior
Heating Wall Furnace
Cooling Central Air
Fireplace true
Appliance None
Laundry Inside
Exterior
Garage Spaces 1.0
Street Surface Concrete,Dirt,Paved
Garage true
Building
Dwelling Type Site Built
Foundation Basement
Sewer Public Sewer, County Sewer
Water City, Community Well
Level or Stories One and One Half
Structure Type Aluminum,Wood
New Construction false
Schools
Elementary Schools Unspecified
Middle Schools Unspecified
High Schools Unspecified
Others
Senior Community false
Acceptable Financing Cash, Construction Perm Loan, Conventional, FHA
Listing Terms Cash, Construction Perm Loan, Conventional, FHA
Special Listing Condition None