298 Main Street

Durham, CT 06422

$415,000 PRICE
4 Beds
2 Baths
2,826 Sqft
0.59 Acres
1860 Built

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.

Additional Information

ADDITIONAL INFORMATION

ACRES: 0.59
ATTIC DESCRIPTION: Access Via Hatch
BASEMENT DESCRIPTION: Partial, Full
EXCLUSIONS: Shed
HIGH SCHOOL: Per Board of Ed
IS OCCUPIED?: Vacant
LIVING AREA SQFT: 2,826
MIDDLE SCHOOL: Per Board of Ed
NEIGHBORHOOD: Durham Center
PROPERTY TAX: $6,178
SEWER: Septic
STYLE: Units on different Floors
TAX AMOUNT: $6,178
UNIT COUNT: 2
YEAR BUILT: 1860
YEAR BUILT DETAILS: Public Records
ZONING: MR

AMENITIES

Health Club
Library
Putting Green

INTERIOR FEATURES

ATTIC: Yes
BEDS: 4
FIREPLACES: 1
FULL BATHS: 2
FURNACE TYPE: Oil
HEAT: Oil
HEAT FUEL: Oil
HOT WATER: Upright Tank, Tank Size Unknown
LAUNDRY ROOM: All Units Have Hook-Ups
LAUNDRY ROOM ACCESS: On each unit
ROOMS: 12
TOTAL BATHS: 2

EXTERIOR FEATURES

EXTERIOR SIDING: Clapboard, Wood
HOUSE COLOR: White
ROOF: Flat

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Community

Durham

Shoreline, Connecticut

Durham’s well-preserved Main Street reflects quintessential New England charm, and its quaint downtown hub is home to a vibrant business district comprising an assortment of eateries, small markets,...

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William Pitt Sotheby's International Realty