104 Driver Street
Durham, NC 27703Attention investors and visionaries! Nestled in a quiet neighborhood with easy access to local amenities, this charming property is truly a diamond in the rough, eagerly awaiting the right savvy investor to either restore it to its original glory or reimagine it entirely. With most of the demo work already completed, including the removal of interior walls and flooring, you'll have a head start on your renovation journey. Equipped with a window unit and a well-maintained crawlspace, the property also features a permitted add-on at the back. The seller has invested 40K in cleanup efforts, including tearing down interior walls, leveling the backyard, and clearing out overgrown trees. With the potential to generate cash flow between 1,800 and 2,000 per month or to undertake a more extensive rehab project targeting a future value of 400K to 450K, the possibilities are endless! While significant renovation is needed, the potential for a remarkable return on investment is undeniable.
$279,000
4 bedrooms
2 full bathrooms
0.15 acres
1,720 square feet
$162 per square foot
Additional Property Information
- TypeSingle Family Residence
- Built1900
- NeighborhoodNot in a Subdivision
- CountyDurham
- AreaDurham
- Elementary SchoolDurham - Y E Smith
- Middle SchoolDurham - Neal
- High SchoolDurham - Southern
Listing courtesy of Chosen Real Estate Group. © 2024 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.
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Find your amount- Exterior Features
- Interior Features
- Property Features
- Construction Materials See Remarks
- Lot Size Acres 0.15
- Above Grade Finished Area 1,720
- Cooling None
- Flooring See Remarks
- Heating Other
- Heating Y/N Yes
- Tax Annual Amount 1083.91
- Water Source See Remarks
- Year Built 1900
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