306 North Driver Street
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 S Moon • Keller Williams Elite Realty
Property Details for 306 North Driver Street
Location
Property Details for 306 North Driver Street
| Status | Active |
|---|---|
| MLS # | 2524804 |
| Days on Market | 272 |
| Taxes | $1,168 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1900 |
| Lot Size | 0.32 AC / 13,939 SF |
| County | Durham County |
Location
Building Information for 306 North Driver Street
Payment Calculator
$1,844 per month
30 year fixed, 7.25% Interest
$1,746
$97
$0
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: 35.988159
- Longitude: -78.877994
- Tax Annual Amount: $1,168.00
- City Limits Of: Durham
- City Limits YN: Yes
- Lot Number: 2
- Restrictive Covenants YN: Yes
- Lease Expiration Date: 2023-12-31
- Original Listing ID: 2524804
- 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
- Total Other Area Sq Ft: 0
- Parcel Number: 0831641670
- New Construction: No
- Photos Count: 13
- 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
- New Construction Type: Wood Siding
- 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: Unit Type Total Rent: 640.0
- Unit Two: Beds Total: 1.0
- Unit Two: Unit Type Total Rent: 640.0
- Unit Three: Beds Total: 1.0
- Unit Three: Unit Type Total Rent: 640.0
- Unit Four: Beds Total: 1.0
- 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 - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Y E Smith Elementary PublicPK to 5 | ||
Neal Middle Public6 to 8 | ||
Southern School of Energy and Sustainability Public9 to 12 | ||
Durham's Performance Learning 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.
Similar Homes
Similar Sold Homes
Homes for Sale near Driver Land
Neighborhoods
- Arbor at Harrington Grove
- Winsford at the Park Townhomes
- The Townes at Brier Creek Crossings
- The Park
- The Courtyards at Andrews Chapel
- Sherron Hills
- Ridgewood
- Ravenstone
- Pagemore
- Oak Grove Township - Durham County
- Merrick Moore
- Laurel Glen
- Harrington Meadows
- Frazier Forest
- Fendol Farms
- Ellis Crossing
- Ed Cook
- Carolina Arbors
- Cardinal Lake
- Brightwood Trail
Cities
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Keller Williams Elite Realty
Listings marked with an icon are provided in part courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Listings are also provided in part by the IDX program of Longleaf Pine REALTORS and Alamance MLS. Copyright 2024 Triangle MLS, Inc. of North Carolina. Copyright 2024 Longleaf Pine REALTORS. Copyright 2024 Alamance MLS. All rights reserved. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s). Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA competitive or home valuation of any property.
