509 N Guthrie Ave, Durham, NC 27703

Property Description

Charming 3 bedroom bungalow in an excellent location in central Durham. Beautiful hardwood floors appear to be original. Kitchen and bath updated about 5 years ago. Kitchen has updated cabinets and tile floors and includes a refrigerator, electric range and dishwasher. Lot is partially fenced and very private. An outbuilding offers additional storage. Off-street parking as well as on-street. You'll love the rocking-chair front porch. Don't miss the opportunity to make this charming home yours. SELLER-PAID 3-2-1 BUYDOWN LISTING AD BEAT TODAY'S INTEREST RATES WITH A SELLER-PAID 3-2-1 BUYDOWN! Don't let current market interest rates slow down your home purchase. The seller is offering a 3-2-1 Temporary Interest Rate Buydown on this property to help offset today's higher financing costs and dramatically lower your monthly mortgage payments during your first three years of ownership. How It Works: Year 1: Your interest rate is reduced by 3%, lowering your monthly payments substantially right out of the gate. Year 2: Your interest rate is reduced by 2%. Year 3: Your interest rate is reduced by 1%. Year 4 & Beyond: Your interest rate returns to the normal market note rate. Of course, if lower rates become available in the market at that time or anytime prior, you are always free to explore refinancing options. This seller-funded subsidy is designed to give you breathing room and financial flexibility while you settle into your new home. Contact us or have your lender reach out today to see how this buydown can work for your financing package!