$420,000
For Sale

905 Colfax Street

Durham, NC 27701
1495 sqft | 4 beds | 2 baths | 0.20 acres | #10037254
Browse 18 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

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.

  • Interior Details
      • InteriorOpen Floorplan
    • Heating & Cooling
      • CoolingWall Unit(s)
      • HeatingBaseboard
    • Beds & Baths
      • Bedrooms4
      • Bathrooms2
      • Full Baths2
  • Property Details
      • Lot FeaturesBack Yard, Near Public Transit
      • Lot DescriptionBack Yard, Near Public Transit
      • Stories1
    • Measurements
      • Square Feet1495
      • Acres0.2
    • Parking
      • Parking FeaturesOff Street
  • Construction Details
      • Property TypeMulti-Family
      • StyleContemporary
    • Condition
      • Year Built1984
    • Material information
      • RoofShingle
  • Utilities / Energy Details
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionNot in a Subdivision
    • Location
      • Elementary SchoolDurham - Fayetteville
      • Middle SchoolDurham - Githens
      • High SchoolDurham - Jordan
      • CountyDurham
      • ZoningR-3
  • Financial Details
      • Taxes Annual$1,094
  • Other
      • MLS #10037254

Location

Lindy Muse | NorthGroup Real Estate Inc.Real Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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