$420,000
For Sale

507 Bingham Street

Durham, NC 27703
Browse 3 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

4 soon to be lots! Prime Investment Opportunity! Priced at 105K/lot - Located in a rapidly growing area of Durham, this property presents an incredible opportunity for builders and developers! Set to be subdivided into four separate lots, this parcel is perfect for constructing four new single-family homes. With water and sewer available (taps not included), the groundwork is already in place for your next project. Home will be torn down prior to closing, and land will be subdivided prior to closing. This location is ideal for spec home construction, offering strong buyer demand and proximity to shopping, dining, and major highways. Whether you're looking to build and sell or create long-term rental opportunities, this is a rare chance to invest in one of Durham's emerging neighborhoods. Don't miss out on this prime development site!

  • Property Details
      • Utility FeaturesSewer Available, Water Available
      • SubdivisionNot in a Subdivision
      • Elementary SchoolDurham - Y E Smith
      • High SchoolDurham - Southern
      • Property SubtypeUnimproved Land
      • Middle SchoolDurham - Neal
      • Sewer InformationPublic Sewer
      • Property TypePurchase
      • MLS #10087628
      • MLS #10087628
      • Utility SourcePublic
      • CountyDurham
      • Cost420000
      • Acres0.38
      • Taxes Annual$958

Location

Ed Williams | EDGE RealtyReal Estate Group
OR

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Interest Rate

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6.0%

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2.6%
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