$275,000

701 Gatehouse Lane, Durham, NC 27707

  • 2 beds |
  • 2 baths |
  • 992 sqft
  • Property Icon Town Home
  • Property Year Built Icon Built in 1989
  • Property Lot Size Icon1,307sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $277/sqft
  • Property List Date Icon Listed 13 hours ago

Property Description

Welcome to 701 Gatehouse Lane in Durham. This updated end-unit townhome in a prime Durham location offers, 2-bedrooms, 2-baths, and just under 1,000 square feet with beautiful luxury vinyl plank flooring throughout and an open, airy layout. The family room features chair-rail wainscoting, a vaulted ceiling, and a partial wall separating the kitchen that creates definition while maintaining an open feel. The kitchen has been stylishly updated with modern lighting, soft gray painted cabinetry, hexagon tile backsplash, and stainless steel appliances including a Samsung refrigerator, Whirlpool smooth-top range, and GE microwave. The kitchen flows seamlessly into the dining area, which also features chair-rail wainscoting and a glass door leading to a private fenced patio with lighting--perfect for relaxing outdoors. The spacious primary suite showcases a decorative accent wall with custom trim and paint, crown molding, and includes a Westinghouse 4K smart TV. The primary bathroom features an updated vanity, crown molding, marble-style tile flooring, updated lighting, and a walk-in shower. A generously sized second bedroom and beautifully updated hall bath with farmhouse sink vanity provide comfortable accommodations for guests or roommates. Outside, enjoy a private fenced patio area with low-maintenance landscaping and wooded views for added privacy. Potential rental income of approximately $2,500 per month with a minimum 3-month lease requirement. Furniture package available for $5,000. Perfect opportunity for investors or those seeking a possible furnished rental option. Ideal setup for traveling professionals or mid-term rentals. Prime Durham location just minutes from Downtown Durham and Duke University, with convenient access to RTP, Chapel Hill, and RDU Airport. Close to shopping, restaurants, and outdoor recreation including the American Tobacco Trail. HOA dues of $207/month include exterior maintenance. Don't let this unique opportunity pass you by, make an appointment to see this charming townhome today!

Listing Status:
Active
Date Added:
March 13, 2026
Data Last Updated:
March 13, 2026 at 6:08PM
Listing Office:
Coldwell Banker HPW : 919-876-8824
Listing Agent:
Jim Allen : 919-645-2114
MLS ID:
10152532
  • General: Bathtub/Shower CombinationBreakfast BarCeiling Fan(s)Crown MoldingDouble VanityHigh CeilingsHigh Speed InternetMaster DownstairsShower OnlySmooth CeilingsStorage
  • Appliances: DisposalDryerElectric RangeGas Water HeaterRange HoodRefrigeratorSmart Appliance(s)Stainless Steel Appliance(s)Washer
  • Laundry: Laundry ClosetMain Level
  • Flooring: VinylTile
  • A/C: Central Air
  • Heating: Forced AirNatural Gas
  • General: Fenced YardLightingPrivate YardRain GuttersSmart Lock(s)Storage
  • Style: TraditionalTransitional
  • Parking: AsphaltPaved
  • Roofing: Shingle
  • General: BrickWood SidingOneSlab
  • HOA Amenities: Maintenance Grounds209.87Monthly
  • Originating MLS: Triangle MLS
  • County: Durham
  • Zoning: PDR0810058185
  • Fencing: Back YardGatePrivacyWood
  • Water: Public
  • Sewer: Public Sewer
  • Source: Triangle MLS

This listing courtesy of Jim Allen , Coldwell Banker HPW

Monthly Payment

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

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Location

Schools Nearby

H

Hope Valley Elementary School

3005 Dixon Rd, Durham, NC, 27707

Grades KG-5

1.45 miles away

S

Sherwood Githens Middle School

4800 Durham Chapel Hill Blvd, Durham, NC, 27707

Grades 6-8

1.57 miles away

C

C.E. Jordan High School

6806 Garrett Rd, Durham, NC, 27707

Grades 9-12

2.73 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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