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Additional details

The Ease Group

theeasegroupre@gmail.com +1(919) 307-6824

Listed by Just Be Home Realty

$ 950,000

Est. payment | -/mo

9 Beds

8 Baths

4,320 SqFt

Save

$ 950,000

Est. payment | -/mo

Save

9 Beds

8 Baths

4,320 SqFt

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 4,320 sqft

Price per Sqft $219

Subdivision Not In A Subdivision

MLS Listing ID 10159495

Bedrooms 9

Full Baths 8

HOA Y/N No

Year Built 1937

Annual Tax Amount $14,741

Lot Size 4,320 Sqft

Acres 1.79

Lot Dimensions 512x207x535

Property Sub-Type Apartment

Source Doorify MLS

Land Area 4320

Property Description

Prime Chapel Hill location on a generous 1.79-acre lot, offered as-is and just minutes to UNC, downtown, and the dining and shops along Franklin Street. Ideally situated on highly desirable Purefoy Road near Merritt's Grill, this property presents a rare opportunity for investors, builders, or buyers ready to renovate or reimagine. Originally built in 1937, portions of the individual units have been updated over time; however, most are in need of full renovation. The property includes two structures -- one building with two units and a second with six units -- offering multiple bedrooms and flexible living spaces suited to a variety of uses. Set amid mature surroundings, the expansive lot offers both privacy and exceptional redevelopment potential, including a possible teardown and custom multi-unit rebuild. Enjoy convenient access to transit, campus, and major corridors--an outstanding opportunity in one of Chapel Hill's most sought-after locations.

Location

State NC

County Orange

Community Not In A Subdivision

Area 1.79

Zoning Res

Interior

Interior Features See Remarks

Heating Varies by Unit

Cooling Multi Units, Varies by Unit, Wall Unit(s)

Flooring Vinyl, Wood

Fireplace No

Exterior

Parking Features Driveway, Garage, Gravel, Parking Lot

Garage Spaces 8.0

Roof Type Shingle

Total Parking Spaces 8

Garage Yes

Building

Lot Description Private, Wooded

Story Multi/Split

Foundation Slab

Water Public

New Construction No

Schools

Elementary Schools Chapel Hill Carrboro - Glenwood Elementary School

Middle Schools Chapel Hill Carrboro - Grey Culbreth Middle School

High Schools Chapel Hill Carrboro - East Chapel Hill High School

Others

Senior Community No

Tax ID 9788314050

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(919) 307-6824

theeasegroupre@gmail.com

210 Purefoy RD Chapel Hill, NC 27514