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Jason Walters

jason@waltersteam.com +1(252) 360-1130

Listed by Coldwell Banker HPW

$ 415,000

Est. payment | -/mo

3 Beds

1 Bath

1,281 SqFt

Save

$ 415,000

Est. payment | -/mo

Save

3 Beds

1 Bath

1,281 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,281 sqft

Price per Sqft $323

Subdivision Not In A Subdivision

MLS Listing ID 10174850

Style House

Bedrooms 3

Full Baths 1

HOA Y/N No

Abv Grd Liv Area 1,281

Year Built 1920

Annual Tax Amount $3,341

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type Single Family Residence

Source Triangle MLS

Property Description

**INVESTOR ALERT in the Heart of Durham!** This charming 3-bedroom, 1-bath bungalow offers endless possibilities for investors and homeowners alike. Currently tenant-occupied at $1,850/month, the property is being successfully operated as a full-time Airbnb with a long, proven history of strong rental performance and consistent income. Keep the current tenant in place and start generating immediate cash flow, continue its use as a short-term or long-term rental, or make it your own personal residence. The fenced backyard provides plenty of space for pets, entertaining, gardening, or simply relaxing outdoors. Ideally situated in a vibrant Durham location, you'll enjoy being within walking distance of popular restaurants, local breweries, and neighborhood parks. Plus, you're just a 4-minute drive from the Durham Performing Arts Center (DPAC) and Durham Bulls Athletic Park. Whether you're looking to expand your investment portfolio or find a home in a highly desirable location, this property offers flexibility, income potential, and exceptional convenience. The possibilities are endless!

Location

State NC

County Durham

Zoning R-3

Direction Highway 147 to Fayetteville sT that turns into Elizabeth st. Follow until left on Wake Place. House is halfway down the street.

Rooms

Other Rooms • Primary Bedroom: 13.4 x 13.4 (Main)

Primary Bedroom Level Main

Interior

Interior Features Ceiling Fan(s)

Heating None

Cooling Central Air

Flooring Vinyl

Fireplace No

Laundry Inside, Laundry Room

Exterior

Exterior Feature Fenced Yard, Rain Gutters

Fence Privacy

View Y/N Yes

Roof Type Shingle

Street Surface Paved

Porch Covered, Front Porch, Porch

Garage No

Private Pool No

Building

Faces Highway 147 to Fayetteville sT that turns into Elizabeth st. Follow until left on Wake Place. House is halfway down the street.

Foundation Concrete

Sewer Public Sewer

Water Public

Architectural Style Bungalow

Structure Type Concrete

New Construction No

Schools

Elementary Schools Durham County Schools

Middle Schools Durham County Schools

High Schools Durham County Schools

Others

Senior Community No

Tax ID 110845

Special Listing Condition Standard

NEARBY SCHOOLS & PROPERTIES

+1(252) 360-1130

jason@waltersteam.com

526 E Nash Street, Hope, NC, 27882, United States

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314 Wake Place Durham, NC 27701