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Listing courtesy of EXP Realty LLC

3908 Booker Avenue
Durham, NC 27713

Home for sale - Forestwood Park

Turnkey Investment Opportunity in Durham - High Cash Flow & Prime Location! This stunning 6BD/5.5BA Craftsman-style home is 2756 sqft with ADU 735sqft for a combined square footage of 3491. This is the kind of property investors dream about. Currently 5 of 6 rooms are rented, generating over $4,950/month in rental income. Once fully occupied, projected rents climb to $5,800+ per month. With a recent appraisal of over $1M, this is an opportunity with built-in equity and strong upside. 📍 Location, Location, Location! 11 minutes to Duke University 4 minutes to NCCU 12 minutes to RTP & Duke Hospital 10 minutes to Downtown Durham 15 minutes to RDU Airport This unbeatable location attracts grad students, traveling nurses, and young professionals - ensuring consistent demand and premium rents. 🏡 Property Highlights: Each bedroom features its own keypad entry for privacy and security - making it perfect for a rent-by-the-room strategy. Open-concept floor plan with luxury finishes: white cabinetry, quartz counters, tile backsplash, oversized island, and LPV flooring. Main level en-suite plus a luxurious primary suite upstairs with spa-like bath. 3rd-floor loft and additional oversized bedroom with walk-in closet. ADU over 3-car garage with full kitchen, bedroom, bath, and lounge - perfect for Airbnb, in-law suite, or added rental income. Outdoor perks include a side deck and a covered grilling area, ideal for entertaining tenants or personal use. 💡 Flexibility for Any Strategy: Operate as a high-yield room rental property Use as a primary residence while renting ADU or spare rooms Convert into an Airbnb/short-term rental in a booming market Whether you're looking to add a cash-flowing asset to your portfolio or searching for a multi-use home with endless potential, this property delivers.

Open House:

  • Listing Price: $865,000

  • Square Feet: 2756

  • Bedrooms: 6

  • Bathrooms: 5 full, 1 half

  • Acres: 0.18

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Last updated 2025-11-28T04:45:25Z

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