Listing Courtesy of: Aaron Moon - Keller Williams Elite Realty
984-244-5830
$320,000
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306 N Driver Street Unit 306 Durham, NC 27703
Single Family
Residence
5
Beds
2
Baths
1,431
Sq. Ft.
0.32
Acre
Lot
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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!
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MLS#
10051987
Property Type
Single Family
Bedrooms
5
Bathrooms
Year Built
1900
Square Feet
1,431
sq. ft
Lot Size
0.32
Stories
1.0
Sewer
Public Sewer
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