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(919) 473-6341
Real Estate Company
521 Burlington Ave, Durham, NC 27707
- $299,900
- 4
- BD
- 3
- BA
- 2,100
- SqFt
Seller Representative Costello Real Estate & Investm
- List Price
- $299,900
- Status
- ACTIVE
- MLS#
- 10201897
- Bedrooms
- 4
- Bathrooms
- 3
- Full-baths
- 3
- Living Area
- 2,100
- Lot Size
- 10,890
- Subdivision
- Ellis Place
- Year Built
- 1968
- Acres
- 0.25
Property Description
INVESTOR OPPORTUNITY — AS-IS AT $143/SQ FT. Vacant 4-bed / 3-bath split-level, 2,100 sq ft on 0.25 acre near NCCU, downtown Durham and Southpoint. PROVEN RENTAL HISTORY: $2,888/mo in 2024-25 and $2,411/mo most recently; market rent $2,565-$2,612/mo — roughly a 10% gross yield at list. Sold as-is: basement water intrusion (source undetermined) and the lower-level bathroom requires restoration; completed property disclosures are available for review. The value is upstairs: updated kitchen, plank flooring, spacious family room, fenced yard. Vacant with lockbox, go-and-show anytime. Cash and investor buyers welcome; quick close possible.
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Additional Information
- Style
- Traditional
- Foundation
- Other
- Interior Features
- Entrance Foyer, Open Floor Plan, Walk-In Shower
- Exterior Features
- Private Yard, Fenced Yard
- Elementary School
- Durham - Fayetteville Street Elementary
- Middle School
- Durham - Sherwood Githens Middle
- High School
- Durham - Hillside High
- Water
- Public
- Flooring
- Plank, Wood
- Roof
- Shingle
- Heating
- Central, Natural Gas
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Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .