$415,000
$415,000
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298 Main Street Durham, CT 06422
4 Beds
2 Baths
2,826 SqFt
Key Details
Sold Price $415,000
Property Type Multi-Family
Sub Type 2 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,826 sqft
Price per Sqft $146
MLS Listing ID 24064765
Sold Date 03/07/25
Style Units on different Floors
Bedrooms 4
Full Baths 2
Year Built 1860
Annual Tax Amount $6,178
Lot Size 0.590 Acres
Property Sub-Type 2 Family
Property Description
A timeless property with exceptional income potential in the heart of Durham's Historic District. This charming two-family residence offers the perfect blend of character and opportunity for investors or owner-occupants seeking rental income. With average local two-bedroom rentals going for approximately $2,000/month, this property is an excellent addition to any portfolio. Each unit features spacious bedrooms, large windows filling the space with natural light, beautiful hardwood floors, sun porches, and washer/dryer hookups. The basement provides ample storage, with additional outdoor-accessible storage spaces for tenant convenience. The fully fenced, level yard is an added perk, ideal for tenants or owners to relax or entertain, complete with an outdoor fireplace and stone fountain water feature. The front porches gives space to unwind and enjoy Main Street's historic charm. For investors seeking additional development potential, an adjacent approved building lot is available for purchase (combined price of 555K). Spanning just under an acre, it features water service already on-site and gas at the street, with septic perc test details included. Refer to MLS#24064747 for details on this exclusive land listing. This home's central location offers easy access to local attractions like the Durham Fair, Powder Ridge, and Lyman Orchards. Whether you're aiming to generate steady rental income or flexible living arrangements, this property provides great possibilities.
Location
State CT
County Middlesex
Zoning MR
Rooms
Basement Partial, Full
Interior
Heating Hot Water, Radiator
Cooling None
Fireplaces Number 1
Exterior
Parking Features None
Waterfront Description Not Applicable
Roof Type Flat
Building
Lot Description Lightly Wooded, Level Lot, Historic District
Foundation Concrete, Stone
Sewer Septic
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
Middle Schools Per Board Of Ed
High Schools Per Board Of Ed
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Bought with Noah Gates • Real Broker CT, LLC