2511 Chapel Hill Road
Durham, NC 27707Rare 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. MEASURMENTS PROVIDED ARE ESTIMATES NOT EXACT. Tenants need 60 day notice to vacate.
$344,350
3 bedrooms
2 full bathrooms
0.19 acres
1,510 square feet
$228 per square foot
Additional Property Information
- TypeSingle Family Residence
- Built1920
- NeighborhoodWa Wa Yanda
- CountyDurham
- AreaDurham
- Elementary SchoolDurham - Lakewood
- Middle SchoolDurham - Lakewood Montessori
- High SchoolDurham - Jordan
Listing courtesy of Collective Realty LLC. © 2024 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.
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Find your amount- Exterior Features
- Interior Features
- Property Features
- Construction Materials Wood Siding, Frame
- Lot Size Acres 0.19
- Above Grade Finished Area 1,510
- Basement Unfinished
- Cooling Central Air
- Cooling Y/N Yes
- Flooring Combination
- Heating Central
- Heating Y/N Yes
- Rooms Total 1
- Tax Annual Amount 2334.6
- Water Source Public
- Year Built 1920
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