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

Listed by Sheri Hagerty, , Hodge & Kittrell Sotheby's Int

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Data last updated 10:48 PM UTC, 3/3/2025

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