711 Eva St, Durham NC - Owner Finance Home
Owner Finance

711 Eva St

Durham, NC 27701

🛏️

3

Bedrooms

🚿

2

Bathrooms

📏

1,040

Sq Ft

📅

1985

Year Built

About This Property

For sale (with OWNER FINANCING!) is a completely renovated, 3 bedroom/1.5 bath single family home in the heart of downtown Durham surrounded by new construction on all sides. Inside, the house has brand new LVP flooring throughout, brand new ALL wood Shaker 42" white maple cabinets with crown molding, granite countertops, and stainless-steel appliances (refrigerator, stove, dishwasher, and microwave). The kitchen flows into the dining room and living room, and crown molding and new lighting has been installed throughout the living room, dining room, and kitchen. The full bathroom has a brand new tub and both bathrooms have all wood vanities with granite countertops and new toilets. A washer/dryer area is conveniently located in the hallway outside the bedrooms with a door to keep the noise down. A custom, all wood, built-in shelving unit is directly across from the laundry area in the hallway for extra storage. All 3 bedrooms are nicely sized, with the master bedroom having 2 closets, a ceiling fan, and an en-suite half bath. The entire inside has brand new drywall (walls and ceilings) and has been completely repainted. All new interior and exterior doors have also been installed, along with all new wood trim (doors trim, window trim, and baseboards). Major upgrades also include brand new plumbing for the entire house (fully permitted), brand new double-pane windows, a new water heater, and new electric panel as well! The HVAC is only 3 years old and is in great shape and there is updated ductwork and freshly blown insulation throughout the attic for energy efficiency. Outside, there is a brand new driveway with room for 2 cars, a new sidewalk, and a large concrete patio for outdoor enjoyment. The entire exterior has new wood siding, PVC window and door trim, and has been completely repainted. There is a brand new architectural 30-year roof and brand new seamless gutters and downspouts. 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. Realistic rental estimates for this house would be around $2,000/month. Lastly, 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. This home would work great for either an owner occupant or an investor. Please call or email if you have any further questions or want to set up a time to view the property!

Property Details

Property Type

Single Family

Year Built

1985

HOA

None

Listed Price

$299,900

Owner Financing Terms

Why Owner Financing?

  • No bank qualifying
  • Bad credit OK
  • Fast closing
  • Flexible terms
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Frequently Asked Questions About Owner Financing in Durham

What is owner financing for 711 Eva St?

Owner financing means the seller of 711 Eva St acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. This property in Durham, NC is available with owner financing terms.

Do I need good credit for owner financing?

No! One of the biggest advantages of owner financing is that you typically don't need to qualify through a bank. This makes it possible to buy a home even with bad credit, no credit history, or self-employment income that's hard to document.

How much is the down payment for this Durham home?

Down payment terms are negotiable. Sign up for free to get the specific financing details for this Durham property.