Bought with CHK Realty
$1,625,000
$1,500,000
8.3%For more information regarding the value of a property, please contact us for a free consultation.
1.6 Acres Lot
SOLD DATE : 06/30/2023
Key Details
Sold Price $1,625,000
Property Type Single Family Home
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Not In A Subdivision
MLS Listing ID 2508064
Sold Date 06/30/23
Originating Board Triangle MLS
Year Built 1975
Annual Tax Amount $19,373
Lot Size 1.600 Acres
Acres 1.6
Property Description
Rare investment opportunity for an 8-unit apartment building in downtown Carrboro. All units are fully leased. All units are 2 bedroom, 1 bathroom with washer/dryers. The building is strategically located in Carrboro with a short walk to Weaver Street, Carrboro Commons, Franklin Street and the UNC campus. The building sits on a 1.6 acre lot with large green spaces on either side of the building.
Location
State NC
County Orange
Zoning R75
Direction South on Smith Level. Right on W. Carr Street. Go to the end of the road.
Interior
Heating Electric, Heat Pump
Cooling Central Air
Flooring Carpet, Hardwood, Laminate, Tile
Laundry In Unit
Exterior
Garage No
Private Pool No
Building
Lot Description Hardwood Trees, Partially Cleared
Faces South on Smith Level. Right on W. Carr Street. Go to the end of the road.
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction No
Schools
Elementary Schools Ch/Carrboro - Northside
Middle Schools Ch/Carrboro - Mcdougle
High Schools Ch/Carrboro - Carrboro
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