1006 Proctor St, Durham, NC 27707

Property Description

Stable, easy-to-rent, fully-legal duplex in Morehead Hill. Renovated in 2023 with metal roof, replacement windows, tile showers, new water heaters, flooring, paint, fixtures and appliances. Each unit has its own electric and water meters. New construction surrounds this property. You know the investing adage: ''Buy the cheapest house in the best neighborhood.'' This is only multi-family in the zip code under 300k and provides much-needed affordable rental inventory for the community. For owner-occupants, this is a rare opportunity to hav your own home in a great part of Durham and pay less than 1k a month on your mortgage (after factoring in rent from the other unit)! Unit A, new carpet, paint and furnishings in 2026, rented furnished at $294/week ($1,274/month) Unit B, rented $915/month last two years to a Duke Grad student. Will be vacant Jan. 30. Out of respect for tenants, proof of funds required before showing occupied units.