Price Reduction - Views - New Construction
Address
1126 E Geer Street, Durham, NC
Price
$ 379,000
Property Attributes
- MLS#10000184
- TypeSingle Family
- CountyDURHAM
- CityDurham
- AreaDurham
- NeighborhoodSherwood Forest
- Zip27704
- StyleContemporary,Modernist
- Year Built2023
- Taxes$ 951
- Price$ 379,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms1
- Sqr Footage1416
- Lot Size4,356 SqFt
Data Source:
Triangle MLS (TMLS)
Property Description
$60k annual STR projection. INVESTMENT PORTFOLIO OPPORTUNITY! STRONG RENTAL INCOME OR AIRBNB INCOME! HURRY, while rates are still in the 6%'s! Welcome to urban living at its finest! Enjoy the best of both worlds with a tranquil residence just minutes from the vibrant energy of downtown Durham. This property is ideal for homeowners seeking a luxurious urban retreat or a lucrative prospect for savvy investors. This modern home blends contemporary luxury with the urban allure of downtown living- an inviting atmosphere for both relaxation and entertainment. Luxurious features include tankless water heater, LVP flooring throughout, contemporary bathrooms, high-end finishes, ceiling fans in all bedrooms, GE stainless appliances, gas range, vent hood, quartz countertops and backsplash, large center island with barstool seating, spacious back deck for grilling, dining, entertainment or relaxation. Minutes to shopping, dining, fitness, cafes, offices, and more. Easy accessibility to all of the Triangle, RTP, RDU, and all major roadways & highways. NO HOA!!! Rental values projected at $2,100/month or $60k/year short term rental. 1124 Geer Street is also available (identical property next door) AND MORE SIMILAR PROPERTIES AVAILABLE, offering a great investment portfolio opportunity for investors!
| Elementary School | Middle School | High School |
|---|---|---|
| Durham - Eastway Elementary School | Durham - Lucas Middle School | Durham - Northern High School |
| Price History | |
|---|---|
| 11/30/2023 | Listed $425,000 |
| 1/17/2024 | 2% - $419,900 |
| 2/1/2024 | 5% - $399,000 |
| 4/12/2024 | 6% - $379,000 |
General Features
| Interior Features | Ceiling Fan(s),Double Vanity,Kitchen Island,Kitchen/Dining Room Combination,Living/Dining Room Combination,Quartz Counters,Walk-In Closet(s),Walk-In Shower |
|---|---|
| Sewer | Public Sewer |
| Heating | Forced Air,Zoned |
| Cooling | Ceiling Fan(s),Central Air,Zoned |
| Utilities | Cable Available,Electricity Connected,Natural Gas Connected,Phone Available,Sewer Connected,Water Connected |
| Roof | Shingle |
| Appliances | Built-In Range,Dishwasher,Gas Range,Microwave,Range,Range Hood,Stainless Steel Appliance(s),Tankless Water Heater |
| Patio/Porch Features | Deck,Front Porch,Rear Porch |
| Architectural Style | Contemporary,Modernist |
| Construction Materials | Fiber Cement |
| Year Built | 2023 |
| View | Trees/Woods |
| Stories | 2 |
| Levels | Multi/Split,Two |
| Property SubType | Single Family Residence |
| Community Features | None |
| County | Durham |
| New Construction | Yes |
| Property Type | Residential |
| Association Amenities | None |
| HOA / Comm Assn | No |
| Attached Garage | No |
| Subdivision Name | Sherwood Forest |
| Garage Y/N | No |
| Total Rooms | 6 |
| Status | Active |
| Directions | FROM DOWNTOWN DURHAM: Take US-70 BUS E/Ramseur,Continue straight onto Roxboro Street,RIGHT onto Geer Street,go through 1 traffic circle,home is on the RIGHT. |
| ModificationTimestamp | 2024-04-12T21:34:36.000Z |
| High School | Durham - Northern |
| City | Durham |
| Buyer Agent Compensation | 2.40 |
| View Y/N | Yes |
| Senior Community Y/N | No |
| Open Parking Spaces | 4 |
| Lot Size Square Feet | 4356 |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Street Name | Geer |
| Elementary School | Durham - Eastway |
| Property Attached Y/N | No |
| Tax Annual Amount | 951.33 |
| Middle/Junior High School | Durham - Lucas |
| Lease Considered Y/N | No |
| Virtual Tour | https://my.matterport.com/show/?m=6mztXCWr31c&play=1&brand=0&mls=1& |
| Days on Market | 147 |
| Structure Type | Site Built |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Buyer Agent Compensation Type | % |
Interior Features
| Flooring | Vinyl,Tile |
|---|---|
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Above Grade Finished Area | 1416 |
| Full Baths | 2 |
| Half Baths | 1 |
| Street Suffix | Street |
| Laundry Features | Electric Dryer Hookup,Lower Level,Main Level,Washer Hookup |
| Total Bedrooms | 3 |
| Below Grade Finished Area Unit Type | Square Feet |
| Above Grade Finished Area Unit Type | Square Feet |
| Total Baths | 3 |
| Living Area Units | Square Feet |
Exterior Features
| Parking Features | Additional Parking,Direct Access,Driveway,Parking Pad,Shared Driveway |
|---|---|
| Lot Features | Hardwood Trees |
| Lot Size Area | 4356 |
| Spa | No |
| Building Area Total | 1416 |
| Lot Size Acres | 0.1 |
| Road Surface Type | Paved |
| Lot Size Units | Square Feet |
| Road Frontage Type | City Street |
| Open Parking Y/N | Yes |
| Horse Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 27704
Price
Taxes
Visits
Year Built
Walkscore
