610 Price Ave, Durham, NC 27701

For sale (with OWNER FINANCING!) is a renovated, 5 bedroom/1 bath single family home near NCCU's campus and walkable/bikeable to the heart of downtown Durham; it is surrounded by new construction all around. This home is great for either an owner occupant or an investor and is currently rented at $1,750/month on a month-to-month lease (the option is flexible for a buyer to either keep it being rented or for notice to be given so the property can be delivered vacant). This house underwent a complete interior and exterior renovation in 2018. Please note that the living room is currently converted to a 5th bedroom but could easily be returned to the original set up); there are solid 3/4” oak hardwoods in the living room area and LVP flooring is installed throughout the rest of the house (no carpet anywhere). There are maple Shaker style cabinets with crown molding, granite countertops, and stainless-steel appliances (refrigerator, stove, dishwasher, and microwave). The full bathroom just had a refresh in 2025. There is a washer/dryer area off the kitchen with plenty of room for a side-by-side washer and dryer. All bedrooms are nicely sized. The entire inside had new drywall (walls and smooth ceilings) installed in 2018. Other updates include double-hung windows and electric panel; there is central heating and air. Outside, there is a driveway with room for 2 cars and the house has a full length covered front porch and full length covered back porch, great for outdoor enjoyment! The entire exterior has aluminum siding that is in great shape; the roof is starting to show age but is still fully functional with no leaks. Very tall, nice sized crawlspace makes access easy for future work. The house is all electric, so you only have water bills and electric bills! You may be able to build an ADU behind the house (either a single-family home or a duplex). Buyer to confirm with the city if that is of interest to them. Thus, there is a significant opportunity to have a value-add ability with this property. Realistic rental increase estimates for this house would be to around $2,000/month with just some minor updating. Lastly, please note that I am only looking to sell this property with owner financing / seller financing. NO CASH OFFERS NOR TRADITIONAL LOANS will be considered. The terms of the owner financing are firm and are as follows: a 15% down payment of the purchase price will be required, with the remaining balance financed at a fixed rate of 7.75% for any length amortization period (between 10 years to 40 years) that the buyer prefers. Please call or email if you have any further questions or want to set up a time to view the property! No wholesaling/assignment of contracts will be considered so please do not ask!