Bought with Costello Real Estate & Investm
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905 Colfax Street Durham, NC 27701
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Key Details
Sold Price $423,500
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,495 sqft
Price per Sqft $283
Subdivision Not In A Subdivision
MLS Listing ID 10037254
Sold Date 11/25/24
Style Duplex
Bedrooms 4
Full Baths 2
Abv Grd Liv Area 1,495
Originating Board Triangle MLS
Year Built 1984
Annual Tax Amount $1,094
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type Duplex
Property 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.
Location
State NC
County Durham
Zoning R-3
Direction From I-40 to Durham, take exit 279B to Durham/Downtown. Take left exit 9 to NC-147. Take exit 2 to Alston Ave. Turn Rt onto Linnwood Ave. Rt on Colfax St. Property is 2nd on the Rt
Interior
Interior Features Open Floorplan
Heating Baseboard
Cooling Wall Unit(s)
Flooring Laminate
Appliance Electric Range, Microwave, Range Hood, Refrigerator
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
View Y/N Yes
Roof Type Shingle
Street Surface Asphalt
Private Pool No
Building
Lot Description Back Yard, Near Public Transit
Faces From I-40 to Durham, take exit 279B to Durham/Downtown. Take left exit 9 to NC-147. Take exit 2 to Alston Ave. Turn Rt onto Linnwood Ave. Rt on Colfax St. Property is 2nd on the Rt
Story 1
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Level or Stories 1
Structure Type Masonite,Wood Siding
New Construction No
Schools
Elementary Schools Durham - Fayetteville
Middle Schools Durham - Githens
High Schools Durham - Jordan
Others
Tax ID 118051
Special Listing Condition Standard
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