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 # | 10094490 |
|---|---|
| Listing Type | For Lease |
| Status | Active Under Contract |
| Days On Site | 484 |
| Listing Provided By | Coldwell Banker - HPW | Tommy L Watts |
Features
| Zoning | R4 |
|---|---|
| Acreage | 0.77 |
| Property View | Other |
Exterior
| Lot Features | See Remarks |
|---|---|
| View | Other |
Utilities
| Utilities | Cable Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Assessed Value | 879300 |
|---|---|
| Tax Legal Description | Mill Creek Booker |
| Tax Year | 2024 |
Area Information
| State | NC |
|---|---|
| County | Orange |
| City | Chapel Hill |
| Zip Code | 27514 |
| Area | Orange |
| Community Name | Not in a Subdivision |
| School District | Chapel Hill Carrboro - East Chap |
| Elementary School | Chapel Hill Carrboro - Northside |
| High School | Chapel Hill Carrboro - East Chap |
| Listing VS Median (in Not in a Subdivision) | |
Price: $1,450,000 low | high Med: $319,900 On site: 484 low | high Med: 96.5 | |
Market Activity 27514
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Listed By
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 | Chapel Hill Carrboro - East Chap |
| Elementary School | Chapel Hill Carrboro - Northside |
| High School | Chapel Hill Carrboro - East Chap |
| Listing VS Median (in Not in a Subdivision) | |
Price: $1,450,000 low | high Med: $319,900 On site: 484 low | high Med: 96.5 | |
