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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) wascompleted showing the additional units that can be built in the enormous backyard. Recently passed SCAD (SEE ATTACHED) (Simplifying Codes forAffordable Development) will allow for higher density development with less hurdles to jump through (effective 1/1/2024). This property has so muchpotential!
Property Type(s):
Multi Family
| Last Updated | 1/22/2025 | Tract | The Driver Lands |
|---|---|---|---|
| Year Built | 1900 | County | Durham |
SCHOOLS
| Elementary School | Durham - Y E Smith |
|---|---|
| Jr. High School | Durham - Neal |
| High School | Durham - Southern |
Additional Details
| AIR | Central Air, Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| CONSTRUCTION | Wood Siding |
| HEAT | Electric, Floor Furnace, Natural Gas |
| LOT | 0.31 acre(s) |
| PARKING | Off Street |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Bungalow |
| SUBDIVISION | The Driver Lands |
| TAXES | 1220 |
| WATER | Public |
Location
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Listed with Keller Williams Elite Realty
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Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database.
Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. 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 comparative market analysis, or home valuation of any property
Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.
Data last updated: 1/22/25 2:20 PM PST.
This IDX solution is (c) Diverse Solutions 2025.
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