$349,900

704 Bellmeade Bay Drive

Durham, NC 27703

4 bd · 2.5 ba · 1,905 sqft

About this home

FOUR-BEDROOM INVESTMENT PROPERTY IN DURHAM'S GROVE PARK COMMUNITY FOR $349,900. Located on a cul-de-sac, this tenant-occupied home currently rents for $1,875 per month, with long-term tenants under lease through March 2027. A solid option for investors looking for an established rental or a potential replacement property in a 1031 tax-deferred exchange. The location offers easy access to Research Triangle Park, Duke Regional Hospital, Duke University Medical Center, downtown Durham, Brier Creek, and RDU International Airport. Built in 1998, the home offers 1,905 square feet, four bedrooms, 2.5 bathrooms, and a two-car garage. The main level includes a formal dining room, living room with a brick fireplace, and a kitchen with center island and adjoining breakfast area. Upstairs, the primary suite has a vaulted ceiling and private bath. The large fourth bedroom can also function as a bonus room or home office, with direct access to walk-in attic storage. Grove Park amenities include a community pool, fitness center, tennis and basketball courts, sand volleyball, playground, walking trails, and a community lake.