Description
Great investment opportunity for an individual homeowner, a creative residential investor, or developer - depending upon one's opinion of the property's highest & best use. Located near Glen Raven Mills corporate headquarters and Elon University, this property features a brick ranch with a full basement situated on 13.76 acres, and is Zoned High Density Residential (HDR) which allows for single family detached homes, and multi-family attached dwellings such as townhomes, condos, apartments, and the like. This property also includes an accessory unit (a detached 2 BR / 1 BA home currently on a mo-to-mo tenancy) and PID#s 123303, 123310, 178217, 123014. All public utilities with city water & sewer lines located along Lakeview Ave, Sunset Hills Dr, and Faucette Ave. Basement ceiling height is less than 7' and is therefore not included in total gross living area and is counted as unfinished. City of Burlington Greenway trail to pass thru property. Location to be determined.
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3BEDS
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13.76ACRES
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3BATHS
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01/2 BATHS
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2,375SQFT
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$253$/SQFT
School Information
Listing courtesy of Alamance Appraisals- Black Diamond Real Estate Llc: [IDXCONTACTINFORMATION]. © 2023 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.
Description
Great investment opportunity for an individual homeowner, a creative residential investor, or developer - depending upon one's opinion of the property's highest & best use. Located near Glen Raven Mills corporate headquarters and Elon University, this property features a brick ranch with a full basement situated on 13.76 acres, and is Zoned High Density Residential (HDR) which allows for single family detached homes, and multi-family attached dwellings such as townhomes, condos, apartments, and the like. This property also includes an accessory unit (a detached 2 BR / 1 BA home currently on a mo-to-mo tenancy) and PID#s 123303, 123310, 178217, 123014. All public utilities with city water & sewer lines located along Lakeview Ave, Sunset Hills Dr, and Faucette Ave. Basement ceiling height is less than 7' and is therefore not included in total gross living area and is counted as unfinished. City of Burlington Greenway trail to pass thru property. Location to be determined.
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Inc. of North Carolina, Internet Data Exchange Database. Data last updated 2023-02-07T11:52:42.717.