Bought with Hodge&KittrellSothebysIntlRlty
$440,000
$375,000
17.3%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1 Bath
905 SqFt
SOLD DATE : 05/24/2024
Key Details
Sold Price $440,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 905 sqft
Price per Sqft $486
Subdivision Not In A Subdivision
MLS Listing ID 10024552
Sold Date 05/24/24
Style Site Built
Bedrooms 2
Full Baths 1
HOA Y/N No
Abv Grd Liv Area 905
Originating Board Triangle MLS
Year Built 1942
Annual Tax Amount $4,712
Lot Size 0.260 Acres
Acres 0.26
Property 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.
Location
State NC
County Orange
Direction From Franklin St: Head southwest on E Franklin St toward Pickard Ln. Continue onto E Main St. Slight right onto E Weaver St. Turn right onto W Main St. Turn left onto W Poplar Ave
Rooms
Other Rooms Shed(s), Storage
Interior
Interior Features Ceiling Fan(s), Eat-in Kitchen, Master Downstairs
Heating Heat Pump, Natural Gas
Cooling Ceiling Fan(s), Window Unit(s)
Flooring Hardwood, Vinyl
Fireplace No
Appliance Electric Water Heater, Free-Standing Electric Range, Refrigerator, Washer
Laundry Washer Hookup
Exterior
Exterior Feature Storage
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Roof Type Shingle
Parking Type No Garage, On Site, Unpaved
Garage No
Private Pool No
Building
Lot Description Few Trees
Faces From Franklin St: Head southwest on E Franklin St toward Pickard Ln. Continue onto E Main St. Slight right onto E Weaver St. Turn right onto W Main St. Turn left onto W Poplar Ave
Story 1
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Ranch
Level or Stories 1
Structure Type Aluminum Siding,Brick
New Construction No
Schools
Elementary Schools Ch/Carrboro - Carrboro
Middle Schools Ch/Carrboro - Mcdougle
High Schools Ch/Carrboro - Chapel Hill
Others
Senior Community false
Tax ID 9778671003
Special Listing Condition Standard
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