Active
306 N Driver Street
Durham NC, 27703
$299,000
$208.94 per sqft
Active
5 Beds
2 Baths
1,431 sqft
Residential
Built in 1900
Listing courtesy of Hodge & Kittrell Sotheby's Int
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.
10079324
MLSⓇ ID
February 28, 2025
Listed
March 3, 2025
Updated
Interior Features
Total Stories
1
Bedrooms
5
Total Bathrooms
2
Full Bathrooms
2
Floor Description
Hardwood, Vinyl
Fireplace
No
Cooling
Yes
Cooling Description
Central Air, Window Unit(s)
Heating
Yes
Heating Description
Electric, Natural Gas
Exterior/Building Features
Lot Size
0.32 Acres
Lot Features
Level, Rectangular Lot
Architectural Style
Bungalow
Roof
Asphalt, Shingle
Sewer
Public Sewer
Patio And Porch
Covered, Front Porch
School Information
High School
Durham - Riverside
Elementary School
Durham - Y E Smith
Other Property Details
Taxes
$1,196
Tax Frequency
Annually
Days on Market
3
Garage
No
Parking
On Street
View
Yes
County
Durham
Water Source
Public
Utilities
Electricity Connected, Natural Gas Connected, Water Connected
Zoning
RES/ 1-FAMILY
Exclusive Listing Agents
Sheri Hagerty
Listed by Sheri Hagerty, , Hodge & Kittrell Sotheby's Int
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Data last updated 10:48 PM UTC, 3/3/2025