Back to search
306 N Driver Street Durham, NC $ 320,000
Share Save
$ 320,000 Get more info
306 N Driver Street
$ 320,000
Back to search
Share Save

306 N Driver Street

Durham, NC, 27703
$ 320,000
Bedrooms5 Baths2.0 Sq 1,431

Monthly Estimate*

$ 2,235

306 N Driver Street, Durham, NC 27703 - Image 1
306 N Driver Street, Durham, NC 27703 - Image 2
306 N Driver Street, Durham, NC 27703 - Image 3
306 N Driver Street, Durham, NC 27703 - Image 4
306 N Driver Street, Durham, NC 27703 - Image 5
306 N Driver Street, Durham, NC 27703 - Image 6
306 N Driver Street, Durham, NC 27703 - Image 7

Multi-Family Home for sale in Durham, NC

for $320,000 with 5 bedrooms and 2 full baths. This 1,431 square foot home was built in 1900 on a lot size of 0.32.

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!

See more
Multi-Family Active

Price

$ 320,000

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,168

Style

Single Family Residence

Lot Size

0.32

Year Built

1900

Town/City

Durham

County/Region

Durham

MLS | Web ID

2524804
Features
General
Sewer Public Sewer
Heating Electric Floor Furnace Natural Gas Space Heater
Cooling Central Air Window Unit(s)
Zoning RU-5(2)
Construction Materials Wood Siding
Year Built 1900
Property SubType Single Family Residence
County Durham
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Attached Garage N
Subdivision Name The Driver Lands
Garage Y/N N
Status Active
Directions From downtown Durham take E Main street east. Right onto Driver St. Home is on the left.
High School Durham - Southern
City Durham
Buyer Agent Compensation 2.50
View Y/N N
Senior Community Y/N N
Total Units 5
Lot Size Square Feet 13939.2
Waterfront Y/N N
Carport Y/N N
Street Name Driver
Elementary School Durham - Y E Smith
Property Attached Y/N N
Tax Annual Amount 1168
Middle/Junior High School Durham - Neal
Ok to Lease 30 Days
Lease Considered Y/N N
Days on Market 267
Building Area Units Square Feet
Standard Status Active
Buyer Agent Compensation Type %
See more
Interior
Flooring Hardwood Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1431
Full Baths 2
Half Baths 0
Street Suffix Street
Total Bedrooms 5
Below Grade Finished Area 0
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Total Baths 2
Living Area Units Square Feet
See more
Exterior
Parking Features Off Street
Water Source Public
Lot Size Area 13939.2
Foundation Details Brick/Mortar
Spa N
Building Area Total 1431
Lot Size Acres 0.32
Lot Size Units Square Feet
Open Parking Y/N N
Horse Y/N N
See more
* Excluded Features
List By
Aaron Stuart Moon

Listing Agent

Keller Williams Elite Realty

Broker

Affordability Calculator

$2,333
Per Month
96%
4%
0%
Monthly Principal & Interest
$2,235
Monthly Property Taxes
$97
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1124281 Elementary School
1123443 Middle School
Durham - Southern High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
12/4/2023$320,000 -17.74% Price Down
8/2/2023$389,000 Listed Price

Map

More homes like this one

homes for you

See all
See all

306 N Driver Street, Durham, NC, 27703 is a Multi-Family Home for sale at $320,000 with 1,431 sqft and a lot size of 0.32. 306 N Driver Street has 5 bedrooms, 2.0 baths, and was built in 1900. The property's zip code is 27703 which is in Durham, NC

Get more info