Investors< take a good look at this property ,.77 acres located approximately .6 miles to the intersection of East Franklin St. and Columbia St. in the heart of Chapel Hill N.C.and the UNC Campus. The Town of Chapel Hill wants new housing, and The Land Use Management Ordinance (LUMO)has incentives for new affordable housing. The subject property is in a R 4 zoning area and could yield 5/10 or more housing units. Think about that, new housing that is walking distance to Franklin St, UNC campus, shopping, and restaurants.
There is a rental home on the property along with two storage buildings being sold as is. Do not disturb tenants, Property is a redevelopmeproperty.
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Listing Snapshot
Price
$1,450,000
Days Online
184 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.77 Acres
Year Built
N/A
MLS® Number
10014137
Status
Active
Property Tax
$8,369.86
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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Recent Activity
6 months ago
Listing first seen online
6 months ago
Listing updated with changes from the MLS®
General Features
Acres
0.77
Additional Property Use
Multi-FamilySee Remarks
Property Sub Type
Unimproved Land
Sewer
Public Sewer
Utilities
Cable AvailableElectricity ConnectedNatural Gas AvailableSewer ConnectedWater Connected
Water Source
Public
Zoning
R4
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Exterior Features
Fencing
Back Yard
Frontage
See Remarks
Lot Features
ClearedSee Remarks
Other Structures
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Road Frontage
City Street
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Other
Waterview
Other
Community Features
Financing Terms Available
Cash
Roads
Gravel
Schools
School District
Unknown
Elementary School
CH/Carrboro - Northside
Middle School
CH/Carrboro - Guy Phillips
High School
CH/Carrboro - East Chapel Hill
Listing courtesy of Tommy L Watts of Coldwell Banker - HPW
Listings that are marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2024 Triangle MLS, Inc. of North Carolina. All rights reserved.
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