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Sold

705 N Driver Street

705 N Driver Street, Durham, NC 27703

$250,000

Incredible opportunity to own an established income producing property. This wonderful Historic bungalow is a part of the National East Durham Historic District and is possibly eligible for Historic tax Credits! Unit A is vacant for new tenant or owner occupant. Unit B currently rented out for instant cash flow! New roof, 2024. Wonderful historic neighborhood, walk to Old East Durham business district or Golden Belt in mere minutes! Current rent is $795 for Unit B, expires on 4/14/2025. Seller to entertain any and all requests from potential buyer!

2
beds

2
baths

1,236 Sq.Ft. LIVING AREA

6,969.6 Sq.Ft. lot

Jeff Goldman

title Managing Broker
PHONE (919) 909-5400
EMAIL [email protected]

Features & Amenities

Interior

total bedrooms2
Total bathrooms2
full bathrooms2
Flooring Other

Area & Lot

Status Sold
Living Area1,236 Sq.Ft.
Total Area1,236 Sq.Ft.
Lot Area6,969.6 Sq.Ft.
MLS® ID10049481
TypeMulti-Family
YEAR BUILT1920
NeighborhoodDurham
Architecture StylesBungalow
Elementary SchoolDurham - Eastway
Middle SchoolDurham - Neal
High SchoolDurham - Northern

Exterior

STORIES1
water SourcePublic
roofAsphalt, Shingle
parkingOn Street
HEAT TYPEOther
AIR CONDITIONINGWindow Unit(s)
sewerPublic Sewer
SubstructureBlock, Brick/Mortar

Financial

Sales Price$250,000
Real Estate Tax $77,358/yr

Durham

Durham blends rich history with a modern, innovative spirit. Known as the “Bull City,” it’s home to Duke University, world-class healthcare, and a thriving tech and startup scene. The revitalized downtown offers unique dining, craft breweries, and local shops, while places like the Durham Performing Arts Center and Durham Bulls Athletic Park bring entertainment to the heart of the city. With green spaces, trails, and cultural landmarks, Durham offers a vibrant mix of urban energy and culture.

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