306 N Driver Street
Durham,
NC
27703
Property Details
List Price: |
$320,000 |
Beds: |
5 |
Baths: |
2 |
Status: |
Active |
SqFt: |
1431 |
Agency: |
Keller Williams Elite Realty |
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Description/Comments
Lot Size: |
-- |
Property Type: |
MultiFamily |
Year Built: |
1900 |
Notes: |
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)<br />
(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! |
MlsNumber: |
2524804 |
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Listing Provided By: |
Keller Williams Elite Realty, original listing |
Name: |
Keller Williams Elite Realty |
Phone: |
(984) 244-5835 |
Office Name: |
Keller Williams Elite Realty |
Office Phone: |
(984) 244-5830 |
Agent Name: |
Aaron Moon |
Disclaimer: |
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. |