626 Shannon Drive Chapel Hill , NC 27516

626 Shannon Dr: Prime Location Meets Blank Canvas Potential! Rarely does an investment opportunity this pure hit the market in Chapel Hill's highly desirable Chapel Hill-Carrboro City Schools district. This classic, solid all-brick ranch is situated on a quiet, sought-after street in the established Rangewood neighborhood, offering incredible built-in value. Investor Alert: This property is a COMPLETE gut job, stripped down to the studs and ready for your vision! No demolition required—the heavy lifting is done. The interior is a total blank canvas, lacking all fixtures, flooring, and systems (no kitchen, no bathrooms, etc.), making it the perfect turnkey project for a high-ROI flip or custom rental conversion. Why This is Your Next Project: Location, Location, Location: Fantastic resale potential in a coveted area, minutes from UNC, downtown Chapel Hill, and I-40. Built-in Equity: The strong demand and high property values in the CHCCS district virtually guarantee a profitable exit strategy once renovated. Solid Bones: The appealing brick exterior offers excellent curb appeal and a durable structure to build upon. Unleash Your Design: With everything removed, you have complete creative control to design a modern, open floor plan that meets today's buyer demands. This is not a cosmetic update—it's a ground-up transformation. Bring your contractors, your vision, and your capital! Properties in this condition, in this location, disappear fast.