Description
Excellent investment opportunity with a reliable tenant already in place through April 2027, providing immediate, stable rental income from day one. This well-maintained home features a functional floor plan with three bedrooms and three full bathrooms, offering strong long-term rental appeal. A brand-new HVAC system, installed in March 2026, provides added value and helps minimize near-term maintenance expenses. Conveniently located with easy access to Durham, Research Triangle Park, major highways, shopping, dining, and area employers, this property is well-positioned for continued rental demand. Whether you're looking to expand your investment portfolio or complete a 1031 exchange, this is a turnkey opportunity with dependable cash flow already in place.
Details
| MLS # | 10180382 |
|---|---|
| Listing Type | For Lease |
| Style | House |
| HOA Dues | $26 |
| Status | Active |
| Year | 2003 |
| Days On Site | 83 |
| Listing Provided By | Apple Realty | Brandon Dale Carlton |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 1,296 |
| Garage | 1 |
| Story(s) | 2 |
| Zoning | PDR |
| Acreage | 0.12 |
Interior
| Interior Features | Ceiling Fan(s), Open Floorplan, Pantry, Walk-In Closet(s) |
|---|---|
| Heating Yes / No | No |
| Cooling Yes / No | Yes |
| Cooling | Ceiling Fan(s), Central Air, Electric |
| Fireplace Features | Gas |
| Fireplaces Total | 1 |
| Fireplace Yes / No | Yes |
| Rooms Total | 3 |
Exterior
| Roof | Architectural Shingle |
|---|---|
| Foundation Details | Slab |
| Construction Materials | Frame, Vinyl Siding |
Parking
| Attached Garage Yes / No | Yes |
|---|---|
| Garage Yes / No | Yes |
| Parking Features | Driveway, Garage, Garage Faces Front |
Utilities
| Sewer | Public Sewer |
|---|
Taxes
| Tax Assessed Value | 288518 |
|---|---|
| Tax Legal Description | Lynn Hollow/Ph:01/Lt#05 Pl:000156-000101 |
| Tax Year | 2026 |
| Tax Map Number | 05 |
Area Information
| State | NC |
|---|---|
| County | Durham |
| City | Durham |
| Zip Code | 27703 |
| Area | Durham |
| Community Name | Lynn Hollow |
| School District | Durham - Southern School of Ener |
| Elementary School | Durham - Bethesda Elementary |
| High School | Durham - Southern School of Ener |
| Listing VS Median (in Lynn Hollow) | |
Price: $308,000 low | high Med: $318,500 sqft: 1,296 low | high Med: 1,511 $ / sqft: $238 low | high Med: $214 On site: 83 low | high Med: 97 | |
Market Activity 27703
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Learn More About This Property
| State | NC |
|---|---|
| County | Durham |
| City | Durham |
| Zip Code | 27703 |
| Area | Durham |
| Community Name | Lynn Hollow |
| School District | Durham - Southern School of Ener |
| Elementary School | Durham - Bethesda Elementary |
| High School | Durham - Southern School of Ener |
| Listing VS Median (in Lynn Hollow) | |
Price: $308,000 low | high Med: $318,500 sqft: 1,296 low | high Med: 1,511 $ / sqft: $238 low | high Med: $214 On site: 83 low | high Med: 97 | |