708 Kent St, Durham, NC for sale

Investment Overview

Own a piece of Durham's rich history with one of the oldest buildings in the City, built in 1888. Given the historical provenance listed on the National Registo9r of Historic Places allows for both Federal and State Historic tax credits. Additionally, the property can be submitted for Local Landmark Status, resulting in a 50% reduction in assessed property taxes. RU-5(2) zoning allows for a variety of uses with a new proposed CX-3 Zoning classification in the upcoming Unified Development Ordinance change that continues the mix of uses.