New Listing - 12/12/2024

$415,000 ($146.85 per sqft)

Est. Mortgage $2,207/mo *

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298 Main Street, Durham, (Durham Center), CT, 06422

298 Main Street, Durham, (Durham Center), CT, 06422
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12 rooms

4 beds

2 Full baths

1860

Units on different Floors

2,826 sqft

A timeless property with exceptional income potential in the heart of Durham's Historic District. This charming two-family residence offers the perfect blend of character and opportunity for investors or owner-occupants seeking rental income. With average local two-bedroom rentals going for approximately $2,000/month, this property is an excellent addition to any portfolio. Each unit features spacious bedrooms, large windows filling the space with natural light, beautiful hardwood floors, sun porches, and washer/dryer hookups. The basement provides ample storage, with additional outdoor-accessible storage spaces for tenant convenience. The fully fenced, level yard is an added perk, ideal for tenants or owners to relax or entertain, complete with an outdoor fireplace and stone fountain water feature. The front porches gives space to unwind and enjoy Main Street's historic charm. For investors seeking additional development potential, an adjacent approved building lot is available for purchase. Spanning just under an acre, it features water service already on-site and gas at the street, with septic perc test details included. Refer to MLS#24064747 for details on this exclusive land listing. This home's central location offers easy access to local attractions like the Durham Fair, Powder Ridge, and Lyman Orchards, ensuring strong rental demand. Whether you're aiming to generate steady rental income or flexible living arrangements, this property provides great possibilities.

Status:

Active

Town:

Durham

Type:

Multi-family

Laundry Remarks:

All Units Have Hook-Ups

Units:

2

Zoning:

MR

Heating:

Hot Water, Radiator

Cooling:

None

Basement:

Partial, Full

Acreage:

0.59

Est. Taxes:

$6,178

Assessment

$173,040

Lot Description:

Lightly Wooded,Level Lot,Historic District

Elementary School:

Per Board of Ed

Middle School:

Per Board of Ed

High School:

Per Board of Ed

Days on Market:

5

MLS #:

24064765

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Carly Lucier, Our Home Realty Advisors Email: carlylucier@gmail.com