Don't miss this incredible opportunity for development in the East Durham Historic District, less than two miles from downtown Durham. This historic home currently operates as a rooming house with five income generating bedrooms sharing two full baths and yielding approximately $3,000 a month. However, with the 2024 changes to the Durham UDO and the affordable housing bonus program, there is now considerable opportunity for a myriad of unique development options on this nearly-.32 acre lot. A feasibility study was completed in May 2023 in anticipation of the then-proposed UDO revisions, which study provides a diverse range of potential options, including multi-story development, for this property.