Turn-Key & renovated Investment Package Exceptional income-producing opportunity in the heart of Durham, ideally located just steps from North Carolina Central University and minutes to downtown, major highways, and ongoing redevelopment. 907 S Alston Avenue is being offered as part of a required package sale with the adjacent… Read More property at 909 S Alston Avenue - a rare opportunity to acquire two side-by-side, fully renovated co-living assets in one of Durham's strongest rental corridors. Together, the properties feature a total of 15 private rental bedrooms across two fully renovated homes, specifically designed for the high-demand room-by-room leasing model. 909 S Alston Avenue features 9 private rental bedrooms while the neighboring 907 S Alston Avenue offers 6 private rental bedrooms and 3.5 bathrooms, and is currently operating with an impressive rental retention rate, demonstrating strong, stabilized performance with consistent year-round demand. Both properties have recently completed full renovations and are positioned as true turn-key co-living investments with immediate income, scalable operations, and long-term appreciation potential in a rapidly growing university and redevelopment corridor. Ideal for investors seeking portfolio expansion, student housing, rental, or a stabilized co-living platform with future upside. Properties must be purchased together. Read Less
Courtesy of Compass -- Raleigh, Deline Moscoso, 919-726-6548.
Listing Snapshot
Days Online
72
Last Updated
Property Type
Single Family Residence
Beds
5
Full Baths
3
Partial Baths
1
Square Ft.
1,971
Lot Size
0.17 Acres
Year Built
1920
MLS Number
10142906
30 Days Snapshot Of 27701
$1.03M
+46%
(avg) sold price
2
0%
homes sold
157
+375%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Building Area Total: 1971, Building Area Units: Square Feet, Construction Materials: "Vinyl Siding", Living Area Units: Square Feet, Living Area: 1971, Structure Type: "Site Built", Year Built: 1920
Cooling
Cooling: "Electric", Cooling Included
Floors
Flooring: "Vinyl"
Foundation
Foundation Details: "Slab"
Heating
Heating: "Forced Air", Heating Included
Lot
Lot Size Acres: 0.17, Lot Size Area: 7405.2, Lot Size Square Feet: 7405.2, Lot Size Units: Square Feet, Parcel Number: 118002
Property
Property Sub Type: Single Family Residence, Zoning: R-3
Roof
Roof: "Shingle"
Sewer
Sewer: "Public Sewer"
Taxes
Tax Annual Amount: 3390.66
Utilities
Water Source: "Public"
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