$1,450,000
Off Market

4 Bolin Heights

Chapel Hill, NC 27514
Type:Purchase
Structure:Land
Zone:Residential

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.

  • Property Details
      • Lot FeaturesSee Remarks
      • Lot DescriptionSee Remarks
      • ViewOther
    • Measurements
      • Acres0.77
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Utility FeaturesCable Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionNot in a Subdivision
    • Location
      • High SchoolCH/Carrboro - East Chapel Hill
      • Middle SchoolCH/Carrboro - Guy Phillips
      • Elementary SchoolCH/Carrboro - Northside
      • CountyOrange
      • ZoningR4
  • Financial Details
      • Taxes Annual$8,369
  • Other
      • MLS #10014137

Location

Lindy Muse | NorthGroup Real Estate Inc.Real Estate Group