306 N Driver Street, Durham NC 27703

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$320,000

306 N Driver Street, Durham, NC 27703

bedrooms

bathrooms

square feet

1,431

Acreage

0.32

Open Houses

year built

1900

Full Baths

Half Baths

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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!

Location
Subdivision	The Driver Lands
County	Durham
Elementary School	Durham - Y E Smith
Middle School	Durham - Neal
High School	Durham - Southern

Driving directions

Open houses

None scheduled.

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MLS number: 10051987

Listing agent: Aaron Moon

Listing broker: Keller Williams Elite Realty (984) 244-5835

Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Friday, November 8 2024 at 12:47 p.m. EST

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