Active
306 N Driver Street
Durham NC, 27703
$320,000
$223.62 per sqft
Active
5 Beds
2 Baths
1,431 sqft
Residential
Built in 1900
Listing courtesy of Keller Williams Elite Realty
This old historic home has been converted into a rooming house. The manager lives in the property. Three large bedrooms rooms each rent for $160/week ($640/month) and the two smaller bedrooms each rent for $135/week ($540/month) for a total of $3,000/month. A feasibility study (see attachments) was completed showing the additional units that can be built in the enormous backyard. Recently passed SCAD (SEE ATTACHED)
(Simplifying Codes for Affordable Development) will allow for higher density development with less hurdles to jump through (effective 1/1/2024). This property has so much potential!
2524804
MLSⓇ ID
August 2, 2023
Listed
May 9, 2024
Updated
Map
306 N Driver Street
Durham NC, 27703
Interior Features
Bedrooms
5
Total Bathrooms
2
Full Bathrooms
2
Floor Description
Hardwood, Vinyl
Fireplace
No
Cooling
Yes
Cooling Description
Central Air, Window Unit(s)
Heating
Yes
Heating Description
Electric, Floor Furnace, Natural Gas, Space Heater
Exterior/Building Features
Lot Size
0.32 Acres
Sewer
Public Sewer
School Information
High School
Durham - Southern
Elementary School
Durham - Y E Smith
Other Property Details
Taxes
$1,168
Tax Frequency
Annually
Days on Market
279
Garage
No
Parking
Off Street
View
No
County
Durham
Water Source
Public
Pool
No
Zoning
RU-5(2)
Buyer Agency Compensation
2.5%
Listed by Aaron Stuart Moon, , Keller Williams Elite Realty.
Based on information from Triangle MLS, Inc. as of 5/9/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify y any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
©2024 Triangle MLS, Inc. of North Carolina. All rights reserved.
Data last updated 5:43 AM UTC, 5/9/2024
