$199,000

2720 Thelma Street, Durham, NC 27704

  • 2 beds |
  • 1 bath |
  • 812 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1966
  • Property Lot Size Icon7,841sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $245/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

Prime value-add opportunity in an up-and-coming area of Durham. Ideal for investors and renovators looking for their next fix-and-flip or repositioned rental. This property offers strong upside potential through renovation, with surrounding neighborhood improvements supporting future appreciation.Currently occupied by long-term tenants on a month-to-month lease, providing flexibility for renovation or continued rental use. The layout and lot present an excellent canvas for updates and modernization to maximize resale or rental value.Sold as-is. Pricing reflects condition and opportunity. Convenient access to downtown Durham, major corridors, and local redevelopment areas makes this a strategic investment in a growing market.Bring your vision -- opportunities like this in transitioning Durham neighborhoods are becoming increasingly rare. Seller also has 2718 Thelma St for sale

Listing Status:
Active
Listing Office:
LPT Realty, LLC : 877-366-2213
Listing Agent:
Richard Burghgraef : 312-498-8340
MLS ID:
10137833
  • General: Bedroom on Main Level
  • Appliances: Electric OvenElectric Water HeaterFree-Standing Refrigerator
  • Laundry: Washer HookupElectric Dryer Hookup
  • Basement: Crawl Space
  • Flooring: CarpetLuxury VinylVinyl
  • A/C: Central AirAttic Fan
  • Style: Bungalow
  • Parking: DrivewayParking spaces: 4
  • Roofing: Shingle
  • General: Vinyl Siding1Crawlspace
  • Road/Access: City Street
  • Originating MLS: AMLSNC_TRIANGLE
  • County: Durham
  • Zoning: Prop-Bailey Thomas A/Lt#4 8 Pl:00031B-000071129891
  • Utilities: Cable AvailableElectricity AvailableNatural Gas Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: AMLSNC_TRIANGLE

This listing courtesy of Richard Burghgraef, LPT Realty, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Sandy Ridge Elementary School

1417 Old Oxford Rd, Durham, NC, 27704

Grades PK-5

1.67 miles away

L

Lakeview School

3507 Dearborn Dr, Durham, NC, 27704

Grades 6-12

0.50 miles away

L

Lakeview School

3507 Dearborn Dr, Durham, NC, 27704

Grades 6-12

0.50 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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