About 1126 E Geer Street
$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!
Features of 1126 E Geer Street
| MLS® # | 10000184 |
|---|---|
| Price | $379,000 |
| Bedrooms | 3 |
| Bathrooms | 2.50 |
| Full Baths | 2 |
| Half Baths | 1 |
| Square Footage | 1,416 |
| Acres | 0.10 |
| Year Built | 2023 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Contemporary, Modernist |
| Status | Active |
Community Information
| Address | 1126 E Geer Street |
|---|---|
| Subdivision | Sherwood Forest |
| City | Durham |
| County | Durham |
| State | NC |
| Zip Code | 27704 |
Amenities
| Utilities | Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected |
|---|---|
| Parking Spaces | 4 |
| Parking | Additional Parking, Direct Access, Driveway, Parking Pad, Shared Driveway |
| View | Trees/Woods |
| Is Waterfront | No |
| Has Pool | No |
Interior
| 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 |
|---|---|
| Appliances | Built-In Range, Dishwasher, Gas Range, Microwave, Range, Range Hood, Stainless Steel Appliance(s), Tankless Water Heater |
| Heating | Forced Air, Zoned |
| Cooling | Ceiling Fan(s), Central Air, Zoned |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Multi/Split, Two |
| Has Basement | No |
Exterior
| Lot Description | Hardwood Trees |
|---|---|
| Roof | Shingle |
| Construction | Fiber Cement |
School Information
| Elementary | Durham - Eastway |
|---|---|
| Middle | Durham - Lucas |
| High | Durham - Northern |
Additional Information
| Date Listed | November 25th, 2023 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Monarch Realty Co. |
|---|