We're looking for a first-time homebuyer who would like to call this fully renovated Old East Durham house 'home.' When we bought the house, it had been vacant and neglected for years, but the basic structure was sound. After a lot of work, the house adds to the beauty of our neighborhood rather than detracting from it, and is ready for a loving owner-occupant. Call (919) 957-3857 or e-mail info@JubileeRestorationProject.org if you're interested. The purchase price is $60,000, which would translate to monthly payments of $450 or less, including tax and insurance. Plus, if you buy the house by April 30, 2010, you can receive a $6000 tax credit, even if you owe no taxes.

This house is a contributing property in the East Durham Historic District, making it eligible for Historic Rehabilitation Tax credits. In North Carolina both state and federal income tax credits are available for the certified rehabilitation of historic structures. For the rehabilitation of owner occupied homes certified historic structures (non-income producing properties) a 30% state tax credit is available. For more information on Historic Rehabilitation Tax Credits contact HPSD or the North Carolina State Historic Preservation Office (phone 919-733-6547).

The Historic Preservation Society of Durham is a 501(c)3 dedicated to preserving the history, architecture and cultural heritage of Durham and Durham County and to serve as an institution for the education of citizens through the promotion and appreciation of this heritage. As a part of this mission HPSD created the Endangered Properties Program which, to date, has saved over 15 structures. To learn more about the program and the houses that are being featured, visit Properties for Sale.

This property is listed as part of the Partnership Property Program advertising historic property for a fee.
Send e-mail to:Jubilee Restoration Project or 919-957-3857 for more information about this house.