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$335,000
Reduced $4,900
4
beds
2
baths
1,678
sqft
Broker In Charge
C.

Description

T-4 Development opportunity for roughly 15 Units. There a 4 bedroom 2 bath home in need of renovation on a 1.29 acre Lot. Zoning is T4 which would allow 15 units to be developed. Must confirm with zoning. See Zoning Notes........ Regarding your question about whether mixed-use is allowed, the answer is yes. In the T4 zoning district it allows for a live/work unit. A live-work unit is a mixed-use unit consisting of a commercial and residential function. The commercial function may be anywhere in the unit. It is intended to be occupied by a business operator who lives in the same structure that contains the commercial activity or industry. (Syn: Flexhouse.) Other types of mixed-uses such as a mixed-use block is not permitted. This type of use is typically seen with buildings that have apartments above and retail at the bottom, such as Harrington Square. With regards to your next question, how many single-family homes you can have on a property? You are only allowed 12 dwelling units per acre. This goes for multifamily style projects and subdivisions. This zoning district has a minimum lot width of 16', if you could get a bunch of 16' lots in your subdivision, you still couldn't go over the 12 units per acre. Lastly, with commercial, you can have your typical commercial buildings on this lot, however, uses such as a strip malls or shopping mall are not permitted. There is not a set number of units you can have on this property just ensure that it meets the lot occupation which is 70% max of the lot.

Property Highlights

  • Patio/Deck: Covered, Porch
  • Property Type: Single Family, Single Family Residence
  • MLS #: 100468484

General Information

Elementary School Lincoln
High School North Brunswick
Middle School Leland
Property Subtype Residential
Property Type Single Family Residence
Subdivision Not In Subdivision
Taxes $1,173

Room Information

Flooring Wood
Full Baths 2
Laundry Washer Hookup
Total Baths 2
Total Beds 4

Property Features

Basement Crawl Space, None
Construction Materials Wood Siding
Heating None, Electric
Interior Square Footage 1,678
Lot Size Acres 1.29
Lot Size Dimension 167 X 260 X 167 X 293
Lot Size Square Feet 56,192
Other Structures Workshop, Storage
Patio Features Covered, Porch
Roof Shingle
Rooms 6
Sewer Septic Tank
Stories One
Water Source Well
$335,000
Reduced $4,900
4
beds
2
baths
1,678
sqft
Broker In Charge
C.
Location
110 Carolina Avenue, Leland, NC 28451 Driving Directions
Similar Listings
Leland, NC
Nearby Schools
Listed by Basil Williams, Keller Williams Innovate-wilmington.

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