306 North Driver Street
Description
(Simplifying Codes for Affordable Development) will allow for higher density development...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!
- Listed by Aaron Moon • Keller Williams Elite Realty
Property Details for 306 North Driver Street
Property Details for 306 North Driver Street
| Status | Active |
|---|---|
| MLS # | 10051987 |
| Days on Market | 71 |
| Taxes | $1,196 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income / Single Family Residence |
| Year Built | 1900 |
| Lot Size | 0.32 AC / 13,939 SF |
| County | Durham County |
Building Information for 306 North Driver Street
Property Information for 306 North Driver Street
- Zoning: RU-5(2)
- Directions: From downtown Durham take E Main street east. Right onto Driver St. Home is on the left.
- Subdivision Name: The Driver Lands
- Latitude: 35.98813
- Longitude: -78.877705
- Tax Annual Amount: $1,196.00
- City Limits Of: Durham
- City Limits YN: Yes
- Lot Number: 2
- Restrictive Covenants YN: Yes
- Comp Sale YN: No
- Lease Expiration Date: 2023-12-31
- Original MLS: Triangle MLS Inc
- Property Leased YN: Yes
- Elementary School: Durham - Y E Smith
- Middle Or Junior School: Durham - Neal
- High School: Durham - Southern
- Open Parking: No
- Parking Features: Off Street
- Carport: No
- Attached Garage: No
- Garage: No
- Building Area Total: 1431.0
- Architectural Style: Bungalow
- Total Other Area Sq Ft: 0
- Parcel Number: 0831641670
- New Construction: No
- Photos Count: 7
- Below Grade Finished Area: 0.0
- Below Grade Finished Area Units: Square Feet
- Sewer: Public Sewer
- Water Source: Public
- Water_Sewer: Public, Public Sewer
- Construction Materials: Wood Siding
- Foundation Details: Brick/Mortar
- Pool Private: No
- Roof: Asphalt, Shingle
- New Construction Type: Wood Siding
- Levels: One
- Basement Description: Other
- Flooring: Hardwood, Vinyl
- Cooling: Central Air, Window Unit(s)
- Cooling?: Yes
- Heating: Electric, Floor Furnace, Natural Gas, Space Heater
- Heating?: Yes
- Interior: Off Street, Wood Siding
- Equipment: Off Street
- Total Units: 5
- Property Class Name: CrossProperty
- Lease Term: 30 Days
- Unit One: Beds Total: 1.0
- Unit One: Levels: One
- Unit One: Unit Type Total Rent: 640.0
- Unit Two: Beds Total: 1.0
- Unit Two: Levels: One
- Unit Two: Unit Type Total Rent: 640.0
- Unit Three: Beds Total: 1.0
- Unit Three: Levels: One
- Unit Three: Unit Type Total Rent: 640.0
- Unit Four: Beds Total: 1.0
- Unit Four: Levels: One
- Unit Four: Unit Type Total Rent: 540.0
Property History for 306 North Driver Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 306 North Driver Street
Schools near 306 North Driver Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
W G Pearson Elementary PublicPK to 5 | ||
Y E Smith Elementary PublicPK to 5 | ||
Brogden Middle Public6 to 8 | ||
Riverside High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Keller Williams Elite Realty
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