$275,000

431 Eugene Street

Durham, NC 27701

3 bd · 2 ba · 1,472 sqft

About this home

1920s character meets a wealth of possibilities in this three-bedroom ranch-style home. Whether your vision is a personal residence, an investment, or a potential building or development project, this property invites a fresh perspective. The existing home features a spacious great room, a separate living room, an eat-in kitchen, a utility/laundry room, and three original fireplaces that are currently closed off. Rich in character and ready for its next chapter, the residence may be renovated, restored, or incorporated into a broader redevelopment plan. Currently zoned RU-5(2), the property has a standard minimum lot requirement of 5,000 square feet and a minimum lot width of 75 feet. It may also qualify for the Urban Tier Small Lot Option, with a reported minimum lot area of 2,000 square feet and minimum width of 25 feet. Based on the information provided, this option may permit up to 12,000 square feet of above-grade structure, with a maximum 800-square-foot building footprint and no impervious-surface limitation. A flag-lot configuration may be necessary to provide ingress and egress for potential construction behind the existing residence. From restoring a historic ranch to exploring an investment or infill-development opportunity, there are compelling possibilities to consider. Buyers and developers should independently verify all zoning provisions, measurements, subdivision potential, permitted uses, utility capacity, access requirements, and development standards with the appropriate planning and zoning authorities. Schedule a private showing and discover how this property could fit your vision.