314 Wake Place

Durham NC 27701

1281 sq. ft.

4791.6 sq. ft.

Single-Family

Currently for sale - view listing

Overview

**INVESTOR ALERT in the Heart of Durham!** This charming 3-bedroom, 1-bath bungalow offers endless possibilities for investors and homeowners alike. Currently tenant-occupied at $1,850/month, the property is being successfully operated as a full-time Airbnb with a long, proven history of strong rental performance and consistent income. Keep the current tenant in place and start generating immediate cash flow, continue its use as a short-term or long-term rental, or make it your own personal residence. The fenced backyard provides plenty of space for pets, entertaining, gardening, or simply relaxing outdoors. Ideally situated in a vibrant Durham location, you'll enjoy being within walking distance of popular restaurants, local breweries, and neighborhood parks. Plus, you're just a 4-minute drive from the Durham Performing Arts Center (DPAC) and Durham Bulls Athletic Park. Whether you're looking to expand your investment portfolio or find a home in a highly desirable location, this property offers flexibility, income potential, and exceptional convenience. The possibilities are endless!

Features

3 bedrooms

1 bathroom

1281 sq. ft. floor area

4791.6 sq. ft. lot size

Single-Family

Property history for 314 Wake Place

2023

Sold

$275,000

31 May 2023 by Yolanda Martin, of Yolanda Martin Homes

2010

Sold

$7,000

26 Apr 2010 by Wes Snead, of Howard Perry & Walston Realtor

2003

Sold

$32,000

04 Aug 2003 by Cathy Thacker, of Fonville Morisey Realty

Happy sellers in Durham

We have insufficient information to provide an overview of customer satisfaction for Durham. Viewing the agent profiles, reviews and sales for Durham can provide insights for this location.