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306 N Driver Street Residential Single Family Detached $320,000 — Listed by Aaron Moon, Keller Williams Elite Realty

Updated on Apr 11, 2024

This old historic home has been converted into a rooming house. The manager... $320,000

Address 306 N Driver Street
Durham, NC 27703
TypePurchase
Price$320,000
Bedrooms5
Bathrooms2
Living Area1,431 square feet
StatusActive
Listing Agent
(919) 906-6317
Office
245 NC Hwy 54 E Suite 101
Durham, NC 27713
(984) 244-5830
Located in DURHAM, NC
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!

    Franchise

  • Name: Keller Williams Realty
  • Taxes

  • Year: 2022
  • $1,168
  • Cooling systems

  • Central A/C
  • Window Unit(s) A/C
  • Floor coverings

  • Hardwood
  • Vinyl
  • Heating fuels

  • Heating fuel: Electric
  • Heating systems

  • Floor Furnace
  • Space Heater
  • Rooms

  • Bedroom: 5
  • Full bath: 2
  • General

  • Property type: Residential
  • Property sub type: Single Family Detached
  • Living area: 1431
  • Lot size: 0.32
  • Year built: 1900
  • Listing date: 2023-08-02
  • Listing title: Single Family Residence - Durham, NC
  • Full bathrooms: 2
  • Architecture style: Other
  • Building unit count: 5
  • Exterior types: Wood Siding
  • Legal description: THE DRIVER LAND/PROP-EAST COAST INVST INC/LT#02
  • Is new construction: no
  • Roof types: Unknown
  • Listing Details

  • Mls name: Triangle MLS, Inc.
  • MLS Identifier: TRIANGLE
  • MLS Number: 2524804
  • Provider name: Keller Williams Elite Realty
  • Provider Category: Broker
  • Property Type: Residential
  • Property sub type: Single Family Detached
  • Listing Category: Purchase
  • Office Key: TRIANGLE-74402
  • Office ID: 74402
Copyright © 2024 Triangle MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

 

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