Property Map
Street View
Courtesy of Keller Williams Preferred Realty, Mei Mei Wing Nei Ngai.
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 Details and Features
Appliances & Equipment
- Appliances: “Electric Water Heater”, “Free-Standing Electric Range”, “Refrigerator”, “Washer”
Bathrooms
- 1 full bathroom
- 1 total bathroom
- 1 total bathroom
Bedrooms
- 2 bedrooms
Building
- Building Area Total: 905
- Building Area Units: Square Feet
- Construction Materials: “Aluminum Siding”, “Brick”
- Living Area Units: Square Feet
- Living Area: 905
- Other Structures: “Shed(s)”, “Storage”
- Structure Type: “Site Built”
- Year Built: 1942
Cooling
- Cooling: “Ceiling Fan(s)”, “Window Unit(s)”
- Cooling Included
Exterior Features
- Exterior Features: “Storage”
Floors
- Flooring: “Hardwood”, “Vinyl”
Foundation
- Foundation Details: “Brick/Mortar”
Heating
- Heating: “Heat Pump”, “Natural Gas”
- Heating Included
Interior Features
- Interior Features: “Ceiling Fan(s)”, “Eat-in Kitchen”, “Master Downstairs”
Laundry
- Features: “Washer Hookup”
Listing
- Days On Market: 0
- Lease Term: Renewal Option
Location
- Subdivision Name: Not in a Subdivision
Lot
- Lot Features: “Few Trees”
- Lot Size Acres: 0.26
- Lot Size Area: 11325.6
- Lot Size Square Feet: 11325.6
- Lot Size Units: Square Feet
- Parcel Number: 9778671003
Parking
- Parking Features: No Garage, On Site, Unpaved
- Open Parking
Property
- Property Sub Type: Single Family Residence
Roof
- Roof: “Shingle”
Schools
- High School: CH/Carrboro – Chapel Hill
- Middle Or Junior School: CH/Carrboro – McDougle
- Elementary School: CH/Carrboro – Carrboro
Sewer
- Sewer: “Public Sewer”
Taxes
- Tax Annual Amount: 4712.7
Utilities
- Utilities: “Electricity Connected”, “Natural Gas Connected”, “Sewer Connected”, “Water Connected”
- Water Source: “Public”