4 Bolin Heights Chapel Hill, NC $ 1,450,000
4 Bolin Heights
$ 1,450,000
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4 Bolin Heights

Chapel Hill, NC, 27514
$ 1,450,000
Baths0.0

Monthly Estimate*

$ 9,637

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Studio

Lots and Land for sale in Chapel Hill, NC

for $1,450,000. The lot size is 0.77.

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.

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Lots and Land Active

Price

$ 1,450,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 8,369

Style

Unimproved Land

Lot Size

0.77

Town/City

Chapel Hill

County/Region

Orange

MLS | Web ID

10014137

Features
General
Sewer Public Sewer
Utilities Cable Available Electricity Connected Natural Gas Available Sewer Connected Water Connected
Zoning R4
View Other
Property SubType Unimproved Land
Current Use Multi-Family See Remarks
County Orange
New Construction N
Property Type Land
HOA / Comm Assn N
Attached Garage N
Subdivision Name Not in a Subdivision
Possible Use Development Multi-Family Single Family See Remarks
Garage Y/N N
Other Structures See Remarks
Status Active
Directions From East Franklin St. North on Columbia /MLK BLVD Just befor Hillsborough St Bolin Heights will be 0n your right Adjacent to Mill Creek Condos.From I 40 take NC 86 /MLK BLVD South just past the stop
High School CH/Carrboro - East Chapel Hill
City Chapel Hill
Buyer Agent Compensation 2.40
View Y/N Y
Senior Community Y/N N
Lot Size Square Feet 33541.2
Waterfront Y/N N
Carport Y/N N
Street Name Bolin
Elementary School CH/Carrboro - Northside
Property Attached Y/N N
Tax Annual Amount 8369.86
Middle/Junior High School CH/Carrboro - Guy Phillips
Ok to Lease Month To Month
Lease Considered Y/N N
Days on Market 69
Building Area Units Square Feet
Standard Status Active
Buyer Agent Compensation Type %
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Exterior
Fencing Back Yard
Lot Features See Remarks
Water Source Public
Lot Size Area 33541.2
Spa N
Lot Size Acres 0.77
Road Surface Type Gravel
Lot Size Units Square Feet
Road Frontage Type City Street
Open Parking Y/N N
Horse Y/N N
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Interior
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Heights
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Living Area Units Square Feet
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* Excluded Features
List By
Tommy L Watts

Listing Agent

Coldwell Banker - Hpw

Broker

Affordability Calculator

$10,335
Per Month
93%
7%
0%
Monthly Principal & Interest
$9,637
Monthly Property Taxes
$697
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1123743 Elementary School
1123861 Middle School
CH/Carrboro - East Chapel Hill High School High School
Pricing History
Date Price Price Change Description
2/29/2024 $1,450,000 Listed Price

Map


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4 Bolin Heights, Chapel Hill, NC, 27514 is a Lots and Land for sale at $1,450,000 with a lot size of 0.77. 4 Bolin Heights is a studio with 0.0 baths. The property's zip code is 27514 which is in Chapel Hill, NC