188 Grey Elm Trl, Durham, NC 27713

Rent-to-Own Only No Traditional Rentals In-person tours available starting August 3. Move-in ready after August 15. It's a great opportunity to live in the home you love while building equity toward ownership. Traditional rental arrangements are not available. This charming townhome in the highly sought-after Hope Valley Farms neighborhood offers the perfect balance of comfort and convenience. Featuring a finished basement, ideal for a home office, entertainment space, or additional bedroom, this home is bright and inviting with modern updates. Enjoy easy access to downtown Durham, local shops, dining, and the American Tobacco Trail for outdoor adventures. Plus, it's just a 3-minute drive to the gym! Monthly Rent: $2,200 Lease Duration: 12-36 months negotiable Option to Buy: Lock in today's price of $377,000 Option Fee: 5% of purchase price (applied toward down payment) Rent Credits: $300/month toward purchase Highlights: Flexible path to homeownership Ideal for first-time buyers, self-employed, or gig workers No obligation to buy, but you have the exclusive right to purchase during the lease term Live in the home while preparing for financing Pet Policy: - Maximum of 2 pets - $25 pet rent per pet - $200 refundable pet deposit Utilities & Maintenance: - Tenant pays for utilities (electricity, gas, water, etc.) - Owner handles yard maintenance and trash removal