1126 E Geer Street Durham, NC $ 379,000
1126 E Geer Street
$ 379,000
New Construction
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1126 E Geer Street

Durham, NC, 27704
$ 379,000
Bedrooms3 Baths2.1 Sq 1,416

Monthly Estimate*

$ 2,647

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Single Family Home for sale in Durham, NC

for $379,000 with 3 bedrooms and 2 full baths, 1 half bath. This 1,416 square foot home was built in 2023 on a lot size of 0.1.

$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!

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Single Family Active

Price

$ 379,000

Bedrooms

3

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 951

Style

Contemporary,Modernist

Lot Size

0.1

Year Built

2023

Town/City

Durham

County/Region

Durham

MLS | Web ID

10000184

Features
General
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 Y
Property Type Residential
Association Amenities None
HOA / Comm Assn N
Attached Garage N
Subdivision Name Sherwood Forest
Garage Y/N N
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.
High School Durham - Northern
City Durham
Buyer Agent Compensation 2.40
View Y/N Y
Senior Community Y/N N
Open Parking Spaces 4
Lot Size Square Feet 4356
Waterfront Y/N N
Carport Y/N N
Street Name Geer
Elementary School Durham - Eastway
Property Attached Y/N N
Tax Annual Amount 951.33
Middle/Junior High School Durham - Lucas
Lease Considered Y/N N
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 %
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Interior
Flooring Vinyl Tile
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
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 0
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Total Baths 3
Living Area Units Square Feet
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Exterior
Parking Features Additional Parking Direct Access Driveway Parking Pad Shared Driveway
Lot Features Hardwood Trees
Lot Size Area 4356
Spa N
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 Y
Horse Y/N N
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* Excluded Features
List By
Emma D Douglass

Listing Agent

Monarch Realty Co.

Broker

Affordability Calculator

$2,727
Per Month
97%
3%
0%
Monthly Principal & Interest
$2,647
Monthly Property Taxes
$79
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1123724 Elementary School
1124248 Middle School
Durham - Northern High School High School
Pricing History
DatePricePrice ChangeDescription
4/12/2024$379,000 -5.01% Price Down
2/1/2024$399,000 -4.98% Price Down
1/17/2024$419,900 -1.20% Price Down
11/30/2023$425,000 Listed Price

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1126 E Geer Street, Durham, NC, 27704 is a Single Family Home for sale at $379,000 with 1,416 sqft and a lot size of 0.1. 1126 E Geer Street has 3 bedrooms, 2.1 baths, and was built in 2023. The property's zip code is 27704 which is in Durham, NC