4 Bolin Heights , Chapel Hill, NC 27514
Chapel Hill, NC 27514
Description
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.
Details
| Mls | 10055603 |
|---|---|
| Listing Type | For Lease |
| Style | Frmrnch |
| Status | Active |
| Days On Site | 69 |
| Listing Provided By | Coldwell Banker - HPW | Tommy L Watts |
Features
| Zoning | R4 |
|---|---|
| Acreage | 0.77 |
| Property View | Yes |
Market Activity 27514
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Learn More About This Property
| State | NC |
|---|---|
| County | Orange |
| City | Chapel Hill |
| Zip Code | 27514 |
| Area | Orange |
| Community Name | Not in a Subdivision |
| School District | CH/Carrboro - East Chapel Hill |
| Elementary School | CH/Carrboro - Northside |
| Middle School | CH/Carrboro - Guy Phillips |
| High School | CH/Carrboro - East Chapel Hill |
| Listing VS Median (in Not in a Subdivision) | |
Price: $1,450,000 low | high Med: $325,000 On Site: 69 low | high Med: 42.500000 | |