About This Home
This 3-bedroom, 2-bathroom single family at 431 Eugene Street in Durham, NC is listed for $299,000 ($203 per sqft). Built in 1920, the home offers 1,472 sqft of living space on a 0.22 acres lot.
Key Features
- Built in 1920
- 0.22 acre lot
- Fireplace
Property Details
Amenities
Built in 1920, this three-bedroom ranch-style home offers a unique opportunity for a homeowner, investor, builder, or developer. The existing residence features a spacious great room, separate living room, eat-in kitchen, utility/laundry room, and 3 original fireplaces that are currently closed off.
Rich in character and ready for a new vision, the home may be renovated, restored, or incorporated into a broader redevelopment plan. Currently zoned RU-5(2), the property has a standard minimum lot requirement of 5,000 square feet and a minimum lot width of 75 feet.
It may also qualify for the Urban Tier Small Lot Option, with a reported minimum lot area of 2,000 square feet and minimum width of 25 feet. Based on the information provided, this option may permit up to 12,000 square feet of above-grade structure, with a maximum 800-square-foot building footprint and no impervious-surface limitation.
A flag-lot configuration may be necessary to provide ingress and egress for potential construction behind the existing residence. Whether you are searching for a historic ranch home to renovate, an investment property, or a potential infill-development opportunity, this property offers compelling possibilities.
Buyers and developers should independently verify all zoning provisions, measurements, subdivision potential, permitted uses, utility capacity, access requirements, and development standards with the appropriate planning and zoning authorities. Schedule a private showing and explore the potential.
Monthly Cost Estimate
$1,599/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
431 Eugene Street
Durham, NC 27701
Not in a Subdivision
Property Details
Flooring
Construction
Outdoor Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 3-bedroom, 2-bathroom single family at 431 Eugene Street is listed at $299,000 ($203/sqft). The estimated monthly payment is $1,599 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1920, 0.22 acre lot, Fireplace.
This property is listed by Marinus C Leach and can be reached at 9174606236.
