506 Hyde Park Ave

Durham, NC 27703

Price $325,000
Beds 2
Baths 2.00
Sq.Ft. 1,505
Acres 0.18
Year 1925
DOM 42 Days

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Hyde Park
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506 Hyde Park Ave Durham, NC 27703

Price $325,000
Beds 2
Baths 2.00
Sq.Ft. 1,505
Acres 0.18
Year 1925
Days 42

Save
Social
Call

Details

Location

Streetview

Durham

Hyde Park

27703

Similar Homes

Status: Active

House Hack Alert! Rare Duplex Find In Classic Downtown Durham Neighborhood. Live On One Side. In 13- 15 Months Rent It Out, And Repeat To Your Next Property. It Gets Even Better With An Owner Occupied Downpayment Of 3.5% Fha Or 5% Conventional. Plus, You Can Use The Current Rent To Qualify For The Loan! Welcome To This Stunning Duplex, A Rare Gem Near Downtown Durham! Perfectly Blending Modern Amenities With Classic Charm, This 2-bedroom, 2-bath Property Offers 1505 Sqft Of Meticulously Renovated Living Space. Step Into Side B To Explore Its Potential As A Comfortable Home Or Lucrative Investment. Side A, Currently Leased At $1075/month, Features A Total Renovation With Brand New Electrical, Plumbing, Floors, Cabinets, And Bathroom, Making It Move-in Ready. Both Units Benefit From Updated Individual Electrical Panels With Breakers And Grounding (2020), Ensuring Safety And Efficiency. Enjoy Year-round Comfort With A New Hvac System (2019) And New Ducts (2023). A New 50-gallon Hot Water Heater (2022) Ensures You'll Never Run Out Of Hot Water. Additionally, The Roof Was Replaced In 2024, Providing Peace Of Mind For Years To Come. Ideal For Homeowners And Investors Alike, This Duplex Presents A Fantastic Opportunity, Especially As An Owner-occupied Space. Live In One Unit While Generating Rental Income From The Other, Maximizing Your Investment Potential. This Duplex Is A Stone's Throw From The Vibrant Heart Of Durham, Offering Unparalleled Convenience And Potential. Viewings Will Be Focused On Side B, With Side A Available For Showing Upon An Acceptable Offer. A Full List Of All Renovations And Maintenance Can Be Found In The Documents. Don't Miss This Opportunity To Own A Piece Of Prime Real Estate In One Of The Most Desirable Locations In The City! I Have Preferred Lenders If You Need To Speak To Anyone About Qualifying Using The Rent To Decrease Your Debt To Income Ratio!

Home Details

506 Hyde Park Ave Durham, NC 27703

Status Active
MLS® # 10043095
Price $325,000
Listing Date 06-14-2024
Bedrooms 2
Bathrooms 2.00
Full Baths 2
Square Footage 1,505
Acres 0.18
Year Built 1925
Type Residential Income
Sub-Type Duplex

Community Information For 506 Hyde Park Ave Durham, NC 27703

Address 506 Hyde Park Ave
Subdivision Hyde Park
City Durham
County Durham
State NC
Zip Code 27703

School Information

Elementary Durham Eastway
Middle Durham Neal
Higher Durham Northern

Amenities For 506 Hyde Park Ave Durham, NC 27703

Garages Gravel

Interior

Interior Features Laminate Counters, Smart Thermostat
Appliances Dishwasher, dryer, free-standing Electric Oven, free-standing Range, free-standing Refrigerator, microwave, washer
Heating Central, electric, heat Pump, natural Gas
Cooling Central Air
Fireplace No

Exterior

Exterior Vinyl Siding
Roof Shingle
Foundation Pillar/Post/Pier

Additional Information

Date Listed June 14th, 2024
Styles Bungalow

Listing Details

Listing Office Coldwell Banker Advantage

Financials

$/SqFt $216

Description Of 506 Hyde Park Ave Durham, NC 27703

House hack alert! rare duplex find in classic downtown durham neighborhood. Live on one side. In 13-15 months rent it out, and repeat to your next property. It gets even better with an owner occupied downpayment of 3.5% fha or 5% conventional. Plus, you can use the current rent to qualify for the loan! welcome to this stunning duplex, a rare gem near downtown durham! perfectly blending modern amenities with classic charm, this 2-bedroom, 2-bath property offers 1505 sqft of meticulously renovated living space. Step into side b to explore its potential as a comfortable home or lucrative investment. Side a, currently leased at $1075/month, features a total renovation with brand new electrical, plumbing, floors, cabinets, and bathroom, making it move-in ready. Both units benefit from updated individual electrical panels with breakers and grounding (2020), ensuring safety and efficiency. Enjoy year-round comfort with a new hvac system (2019) and new ducts (2023). A new 50-gallon hot water heater (2022) ensures you'll never run out of hot water. Additionally, the roof was replaced in 2024, providing peace of mind for years to come. Ideal for homeowners and investors alike, this duplex presents a fantastic opportunity, especially as an owner-occupied space. Live in one unit while generating rental income from the other, maximizing your investment potential. This duplex is a stone's throw from the vibrant heart of durham, offering unparalleled convenience and potential. Viewings will be focused on side b, with side a available for showing upon an acceptable offer. A full list of all renovations and maintenance can be found in the documents. Don't miss this opportunity to own a piece of prime real estate in one of the most desirable locations in the city! i have preferred lenders if you need to speak to anyone about qualifying using the rent to decrease your debt to income ratio!

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This beautiful 2 beds 2.00 baths home is located at 506 Hyde Park Ave Durham, NC 27703 and is listed for $325,000. The home was built in 1925, contains 1505 sqft of living space, and sits on a 0.18 acre lot. This Residential home is priced at $216 per square foot and has been on the market since July 24th, 2024. with sqft of living space.

If you'd like to request more information on 506 Hyde Park Ave Durham, NC 27703, please call us at 919-249-8536 or contact us so that we can assist you in your real estate search. To find similar homes like 506 Hyde Park Ave Durham, NC 27703, you can find other homes for sale in Durham, the neighborhood of Hyde Park, or 27703 click the highlighted links, or please feel free to use our website to continue your home search!

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Home Details

506 Hyde Park Ave Durham, NC 27703

Status Active
MLS® # 10043095
Price $325,000
Listing Date 06-14-2024
Bedrooms 2
Bathrooms 2.00
Full Baths 2
Square Footage 1,505
Acres 0.18
Year Built 1925
Type Residential Income
Sub-Type Duplex

Community Information For 506 Hyde Park Ave Durham, NC 27703

Address 506 Hyde Park Ave
Subdivision Hyde Park
City Durham
County Durham
State NC
Zip Code 27703

School Information

Elementary Durham Eastway
Middle Durham Neal
Higher Durham Northern

Amenities For 506 Hyde Park Ave Durham, NC 27703

Garages Gravel

Interior

Interior Features Laminate Counters, Smart Thermostat
Appliances Dishwasher, dryer, free-standing Electric Oven, free-standing Range, free-standing Refrigerator, microwave, washer
Heating Central, electric, heat Pump, natural Gas
Cooling Central Air
Fireplace No

Exterior

Exterior Vinyl Siding
Roof Shingle
Foundation Pillar/Post/Pier

Additional Information

Date Listed June 14th, 2024
Styles Bungalow

Listing Details

Listing Office Coldwell Banker Advantage

Financials

$/SqFt $216

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506 Hyde Park Ave

Durham, NC 27703

506 Hyde Park Ave Durham, NC 27703

Home Details

506 Hyde Park Ave Durham, NC 27703

Community Information For 506 Hyde Park Ave Durham, NC 27703

School Information

Amenities For 506 Hyde Park Ave Durham, NC 27703

Interior

Exterior

Additional Information

Listing Details

Financials

Description Of 506 Hyde Park Ave Durham, NC 27703

Interested in 506 Hyde Park Ave Durham, NC 27703 ?

Request a Showing

Location Of 506 Hyde Park Ave Durham, NC 27703

Streetview Of 506 Hyde Park Ave Durham, NC 27703

Mortgage Calculator For 506 Hyde Park Ave Durham, NC 27703

Schools

WALKING AND TRANSPORTATION

Home Details

506 Hyde Park Ave Durham, NC 27703

Community Information For 506 Hyde Park Ave Durham, NC 27703

School Information

Amenities For 506 Hyde Park Ave Durham, NC 27703

Interior

Exterior

Additional Information

Listing Details

Financials

Homes Similar to 506 Hyde Park Ave Durham, NC 27703

11 Duxford Ct

1602 Juniper St

519 Walton St

604 Quartz Dr

102 Harvest Oaks Ln

507 Sparella St

1019 Arbor Edge Ln

5921 Woodlawn Dr

2113 Rockface Way

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