Active

298 Main Street

Durham CT, 06422

$415,000


$146.85 per sqft

Active

4 Beds

2 Baths

2,826 sqft

Multi-family

Built in 1860

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.

24064765

MLS ID

December 18, 2024

Listed

December 20, 2024

Updated

Map

298 Main Street
Durham CT, 06422

Interior Features

Bedrooms

4


Total Bathrooms

2


Full Bathrooms

2


Fireplace

Yes


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Oil, Hot Water

Exterior/Building Features

Lot Size

0.59 Acres


Lot Features

Level


Architectual Style

Units on different Floors


Sewer

Septic Tank

School Information

High School

Per Board of Ed


Elementary School

Per Board of Ed

Other Property Details

Area Name

Durham Center


Taxes

$6,178


Tax Frequency

Annually


Days on Market

7


Garage

No


Parking

None


View

No


County

Middlesex


Water Source

Public


Pool

No


Zoning

MR

Listed by Carly Lucier with Our Home Realty Advisors

Listing Contact: 8609878877 

The IDX display contains information sourced from the  Smart MLS, Inc as of 12/20/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 12/20/2024 at 2:26 AM UTC

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