306 N Driver Street
Durham, NC 27703
1431 sqft | 5 beds | 2 baths | 0.32 acres | #10051987
Description
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!
Interior Details
- HeatingElectric, Floor Furnace, Natural Gas, Space Heater
- CoolingCentral Air, Window Unit(s)
Beds & Baths
- Bedrooms5
- Bathrooms2
- Full Baths2
Property Details
- Acres0.32
- Square Feet1431
Parking
- Parking FeaturesOff Street
Construction Details
- Property TypeMulti-Family
- StyleBungalow
- Basement DescriptionOther
- Basement1
Condition
- Year Built1900
Material information
- RoofAsphalt, Shingle
Utilities / Energy Details
- Sewer InformationPublic Sewer
- Utility SourcePublic
Community and Neighborhood Details
- SubdivisionThe Driver Lands
Location
- Elementary SchoolDurham - Y E Smith
- High SchoolDurham - Southern
- Middle SchoolDurham - Neal
- ZoningRU-5(2)
- CountyDurham
Financial Details
- Taxes Annual$1,196
Other
- MLS #10051987
Location
Legal
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Last Updated: . Source: TRIANGLEMLS
Listing Courtesy
Listing Agent: Aaron Moon (#R77141)
Listing Office: Keller Williams Elite Realty (#74402)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.