1126 East Geer Street
1126 East Geer Street
Durham, NC 27704
$379,000
Price
3
Beds
2
Baths
1
1/2 Bath
1,416 Sq. Ft.
$268 / Sq. Ft.
1,416
Sq. Ft.
$268
per Sq. Ft.
Description
$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...$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!
- Listed by Emma D Douglass • Monarch Realty Co.
Property Details for 1126 East Geer Street
View
Trees/Woods
ViewYes
SubdivisionSherwood Forest
Location
Listing Courtesy of Monarch Realty Co.
Add your commute
LISTING UPDATED: 04/12/2024 05:36 PM
Property Details for 1126 East Geer Street
| Status | Active |
|---|---|
| MLS # | 10000184 |
| Days on Market | 153 |
| Taxes | $951 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Single Family |
| MLS Type | Residential / Single Family Residence |
| Year Built | 2023 |
| Lot Size | 0.10 AC / 4,356 SF |
| County | Durham County |
Location
Listing Courtesy of Monarch Realty Co.
Add your commute
Building Information for 1126 East Geer Street
Stories2Year Built2023Building Size-Lot Size0.10 AC / 4,356 SF
Payment Calculator
$2,148 per month
30 year fixed, 7.25% Interest
Principal and Interest
$2,068
Property Taxes
$79
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 1126 East Geer Street
Summary
Location and General Information
- Directions: FROM DOWNTOWN DURHAM: Take US-70 BUS E/Ramseur, Continue straight onto Roxboro Street, RIGHT onto Geer Street, go through 1 traffic circle, home is on the RIGHT.
- Subdivision Name: Sherwood Forest
- Latitude: 36.005491
- Longitude: -78.873124
- Road Frontage Type: City Street
- Road Surface Type: Paved
Taxes and HOA Information
- Association: No
- Tax Annual Amount: $951.33
- City Limits Of: Durham
- City Limits YN: Yes
- Lot Number: 1
- Restrictive Covenants YN: Yes
- Tax Lot: 1
Contract Information
- Estimated Completion Date: 2023-11-27
- Property Leased YN: No
School Information
- Elementary School: Durham - Eastway
- Middle Or Junior School: Durham - Lucas
- High School: Durham - Northern
Parking
- Open Parking: Yes
- Parking Features: Additional Parking, Direct Access, Driveway, Parking Pad, Shared Driveway
- Attached Garage: No
- Garage: No
Virtual Tour
- Virtual Tour URL Unbranded: https://my.matterport.com/show/?m=6mztXCWr31c&play=1&brand=0&mls=1&
Property
Lot Information
- Building Area Total: 1416.0
- Lot Features: Hardwood Trees
- Architectural Style: Contemporary, Modernist
- Detached Living Area Sq Ft: 0
- Other Area Above Grade: 238
- Other Area Below Grade: 0
- Total Other Area Sq Ft: 238
- Parcel Number: 0832705922
- Structure Type: Site Built
- Enhanced Accessible: No
- Main Level Bedrooms YN: No
- Primary Residence YN: No
Property and Assessments
- New Construction: Yes
- Photos Count: 31
- Below Grade Finished Area: 0.0
- Below Grade Finished Area Units: Square Feet
- Community Features: None
- Property Condition: New Construction
Utilities
- Sewer: Public Sewer
- Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
- Water_Sewer: Public Sewer, Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Interior and Exterior Features
Exterior Features
- Construction Materials: Fiber Cement
- Patio And Porch Features: Deck, Front Porch, Rear Porch
- Pool Private: No
- Roof: Shingle
- Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
- New Construction Type: Fiber Cement, Site Built
Interior Features
- Levels: Multi/Split, Two
- Stories: 2
- Flooring: Vinyl, Tile
- Cooling: Ceiling Fan(s), Central Air, Zoned
- Cooling?: Yes
- Heating: Forced Air, Zoned
- Heating?: Yes
- Appliances: Built-In Range, Dishwasher, Gas Range, Microwave, Range, Range Hood, Stainless Steel Appliance(s), Tankless Water Heater
- Laundry Features: Electric Dryer Hookup, Lower Level, Main Level, Washer Hookup
- 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
- Equipment Appliances: Built-In Range, Dishwasher, Gas Range, Microwave, Range, Range Hood, Stainless Steel Appliance(s), Tankless Water Heater
- Interior: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected, Additional Parking, Direct Access, Driveway, Parking Pad, Shared Driveway, Fiber Cement, Electric Dryer Hookup, Lower Level, Main Level, Washer Hookup, Carbon Monoxide Detector(s), Smoke Detector(s)
- Equipment: Built-In Range, Dishwasher, Gas Range, Microwave, Range, Range Hood, Stainless Steel Appliance(s), Tankless Water Heater, Electric Dryer Hookup, Lower Level, Main Level, Washer Hookup, Additional Parking, Direct Access, Driveway, Parking Pad, Shared Driveway
Room Information
Room Information
- Rooms Total: 6.0
Agent
Sale and Listing
- Property Class Name: CrossProperty
Property History for 1126 East Geer Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1126 East Geer Street
Taxable ValueLand$21,940Additions$50,626Total$72,566
Tax Record2023$951 ($79 / month)
Home Facts
Beds0Total Finished SqFt1,416 SqFtAbove Grade Finished SqFt1,416 SqFtLot Size4,356 SqFtStyleSingle Family ResidenceZoningRS-MCountyDURHAMAPN231894
Schools near 1126 East Geer Street
This home is within Durham Public School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Eastway Elementary PublicPK to 5 | ||
Lucas Middle School Public6 to 8 | ||
Northern High Public9 to 12 | ||
Durham's Performance Learning Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Monarch Realty Co.
Listings marked with an icon are provided in part courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Listings are also provided in part by the IDX program of Longleaf Pine REALTORS and Alamance MLS. Copyright 2024 Triangle MLS, Inc. of North Carolina. Copyright 2024 Longleaf Pine REALTORS. Copyright 2024 Alamance MLS. All rights reserved. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s). Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA competitive or home valuation of any property.
