306 N Driver Street, Durham, NC 27703
- Beds
- 5
- Baths
- 2
- Sqft
- 1,431
View property features, location on map, relevant school information and overview from seller's agent.
- 3
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Overview
Don't miss this incredible opportunity for development in the East Durham Historic District, less than two miles from downtown Durham. This historic home currently operates as a rooming house with five income generating bedrooms sharing two full baths and yielding approximately $3,000 a month. However, with the 2024 changes to the Durham UDO and the affordable housing bonus program, there is now considerable opportunity for a myriad of unique development options on this nearly-.32 acre lot. A feasibility study was completed in May 2023 in anticipation of the then-proposed UDO revisions, which study provides a diverse range of potential options, including multi-story development, for this property.
Location
Full feature list
Basic info
- Property type
- House
- Number of bedrooms
- 5
- Number of bathrooms
- 2
- Square feet
- 1,431
- Lot size (acres)
- 0.32
- Year built
- 1900
Utilities
- Heating
- Electric, Natural gas
- Cooling
- Central air, Window unit(s)
- Sewer
- Public sewer
- Water
- Public
Taxes
- Tax Annual Amount (2024)
- $1,196.40
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Triangle MLS MLS®#: 10079324 Last checked: …
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