Description
Location! big flat lot! potential! location! in the heart of carrboro nestled on a spacious 11,000 sq ft+ flat lot, this adorable 905 sq ft, 2 bed 1 bath ranch house offers endless possibilities. walking distance to downtown and the much-anticipated 203 project, the future home of carrboro recreation, parks and cultural resources & orange county southern branch library. unc chapel hill / franklin st is only 7 mins drive/12 mins bike away. no hoa!
** with ample lot size in zone r75, you can build addition to the existing structure, or a brand-new single family or an adu (city's set back and sq ft requirements apply), opportunities abound for self-occupancy, rental income, redevelopment, or all of the above, making this property a versatile asset for any buyer. and with neighboring properties fetching prices at ~$700k to $900k (according to zestimate), investing in this prime location is not just a home, it's a savvy financial move.
** upgrades: brand new in 2024 - roof, sump pump, vapor barrier, water heater. brand new in 2023 - heat pump, refrigerator. storage shed in the backyard provides extra storage.
** great talent in place who keep the property in excellent condition, you can enjoy passive income while exploring your options for the future. currently renting below market value at $1600. lease expires 5/31/2024.
** please do not disturb tenants.
** property has central heat with a brand new heat pump. each room has a ceiling fan. living room has a window ac unit. there is no central cooling in the property. crack was observed in the foundation wall near the rear corner. structural engineer inspected and considered the crack a normal range for a house of this age in the carrboro and did not feel that repairs are currently required other than re-pointing of the crack. structural engineer report provided in the mls doc.
Property Type
ResidentialCounty
OrangeStyle
RanchAD ID
45509662
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Property Details
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BuyOwner last updated this listing 11/23/2024 @ 08:09
- MLS: 10024552
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Triangle MLS
is a Home, with 2 bedrooms which is recently sold, it has 905 sqft, 11,326 sized lot, and 0 parking. are nearby neighborhoods.