706 Colfax Street

Durham, NC 27701

$269,900

4Beds
2Baths
1,500Sq Ft
0.15Acres
1970Built
$180Per Sq Ft
48Days Listed

706 Colfax Street, Durham, NC 27701 — exterior

706 Colfax Street, Durham, NC 27701 — photo 2

706 Colfax Street, Durham, NC 27701 — photo 3

706 Colfax Street, Durham, NC 27701 — photo 4

706 Colfax Street, Durham, NC 27701 — photo 5

About 706 Colfax Street

Investment Opportunity - Turnkey Durham Duplex with Immediate Cash Flow! Excellent opportunity to acquire a fully tenanted, low-maintenance 2-unit residential property just minutes from Downtown Durham and NCCU. Two 2-bedroom, 1-bathroom units. Currently generating $1,900/month in gross rental income ($950/side) with a strong history of consistent occupancy and marketability. Surrounded by recently built and in progress new construction homes. A excellent addition to any real estate portfolio. Roof replaced in 2024. Detailed maintenance and improvement breakdown in MLS docs.

Property details

Property

Type: Duplex
MLS type: Duplex
Status: Pending
Year built: 1970
Stories: One
Living area: 1,500 sqft
Price / sqft: $180
Lot: 0.15
Full baths: 2
Original price: $269,900
MLS #: 10197911

Interior

Features: Stone Counters
Appliances: Dryer, Electric Range, Free-Standing Electric Range, Free-Standing Refrigerator, Free-Standing Range, Microwave, Range, Refrigerator, Washer, Washer/Dryer Stacked
Flooring: Carpet, Laminate, Luxury Vinyl, Wood
Heating: Central
Cooling: Central Air, Ceiling Fan(s)
Laundry: Inside

Exterior & lot

Features: Rain Gutters
Construction: Brick, Masonite
Roof: Architectural Shingle
Foundation: Slab
Lot: RU-5(2)
Parking: Garage, Parking Pad

Schools

District: Durham Public Schools
Elementary: Durham County Schools
Middle: Durham County Schools
High: Durham County Schools

Utilities

Utilities: Public Sewer, Public
Water: Public
Sewer: Public Sewer

Financial

Financial: Doorify MLS
Annual tax: $2,766
Tax year: 2025
Parcel: 119162
Legal: PROP-SMITH J W/LT#05 PL:00001B-000218
Special conditions: Standard

Location

Subdivision: Not in a Subdivision
County: Durham

Ask about this property

Questions on 706 Colfax Street, Durham, NC 27701, or want to see it in person?

Listed by David Bermel, West & Woodall Real Estate - D

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919-928-5131 [email protected]

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