431 Eugene St, Durham, NC 27701

Description

Built in 1920, this three-bedroom ranch-style home offers a unique opportunity for a homeowner, investor, builder, or developer. The existing residence features a spacious great room, separate living room, eat-in kitchen, utility/laundry room, and 3 original fireplaces that are currently closed off. Rich in character and ready for a new vision, the home may be renovated, restored, or incorporated into a broader redevelopment plan. Currently zoned RU-5(2), the property has a standard minimum lot requirement of 5,000 square feet and a minimum lot width of 75 feet. It may also qualify for the Urban Tier Small Lot Option, with a reported minimum lot area of 2,000 square feet and minimum width of 25 feet. Based on the information provided, this option may permit up to 12,000 square feet of above-grade structure, with a maximum 800-square-foot building footprint and no impervious-surface limitation. A flag-lot configuration may be necessary to provide ingress and egress for potential construction behind the existing residence. Whether you are searching for a historic ranch home to renovate, an investment property, or a potential infill-development opportunity, this property offers compelling possibilities. Buyers and developers should independently verify all zoning provisions, measurements, subdivision potential, permitted uses, utility capacity, access requirements, and development standards with the appropriate planning and zoning authorities. Schedule a private showing and explore the potential.