1. North Carolina
  2. Durham
  3. 306 N Driver Street
$200,000

306 N Driver Street, Durham, NC 27703

  • 5 beds |
  • 2 baths |
  • 1,431 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon0.32acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $140/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

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.

Listing Status:
Pending
Date Added:
February 28, 2025 at 06:00AM
Listing Office:
Hodge & Kittrell Sotheby's Int : 919-876-7411
Listing Agent:
Sheri Hagerty : 919-862-6258
MLS ID:
10079324

This listing courtesy of Sheri Hagerty, Hodge & Kittrell Sotheby's Int

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

Y

Y.E. Smith Elementary School

2410 E Main St, Durham, NC, 27703

Grades PK-5

0.33 miles away

D

Durham School of the Arts

401 N Duke St, Durham, NC, 27701

Grades 6-12

1.91 miles away

D

Durham's Performance Learning Center

401 N Driver St, Durham, NC, 27703

Grades 9-12

0.10 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.