3309 Spector St Durham, NC 27704

Listing details for 3309 Spector St, Durham, NC 27704 : A HOME THAT CAN HELP PAY FOR ITSELF! Now offered at $500,000, this beautifully restored 1926 Durham bungalow offers something increasingly hard to find: a charming primary residence PLUS a private, self-contained guesthouse with a documented history of producing short-term rental income. The current owners thoughtfully designed the addition with its own full kitchen, full bath, bedroom, living area and loft, then successfully operated it as an Airbnb. From September 2023 through January 2025, the guesthouse generated nearly $30,000 in documented gross Airbnb revenue. Continue using the space as an income-producing rental, create private accommodations for extended family or guests, or explore the potential of renting both portions of the property. Rental use and income are subject to applicable regulations and buyer verification. The approximately 1,504-square-foot home combines the character of a 1926 bungalow with substantial improvements completed since 2022. Updates include a custom-renovated kitchen with new cabinetry and appliances, renovated main-house bathroom, laundry room, new water heater, new entry and flex room, roof and rafter work, large back porch, landscaping, and separate HVAC serving the addition. Paid-off solar panels convey, adding another valuable feature for the next owner. Outside, enjoy a private quarter-acre backyard adjoining the wooded property of the Museum of Life and Science—an unexpectedly peaceful setting just 2.5 miles from Downtown Durham. Ellerbee Creek Trail is approximately half a mile away, with shopping, restaurants and everyday conveniences along Roxboro Street less than a mile away. Five parking spaces provide added flexibility for residents and guests. For an owner-occupant, the separate guesthouse offers the opportunity to generate income while enjoying the main residence. For an investor, the property's two distinct living areas create the potential to explore multiple rental strategies. Live in one. Rent the other. Or explore the income potential of both. 3309 Spector Street isn't simply another Durham bungalow—it's a flexible property combining historic character, extensive improvements, paid-off solar and a proven income-producing component at a new price of $500,000. See Airbnb earnings in documents. Present owners blocked some weeks/months for family and friends. Solar panels have been paid in full.