Investment opportunity tucked away privately on Cobb Terrace within a few blocks to UNC’s campus. Property consists of a 4 bedroom home on 1.94 acres which has the possibility of subdivision pending approval by governmental agencies. Currently rented as investment property to student renters, but this 2,581 sq ft house could be easily renovated to create a dream home. Options abound with this property, where privacy meets walkability to Franklin St., shopping, restaurants, and campus.
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Location
3 Cobb Terrace, Chapel Hill, NC 27514
Status
Sold
Features & Amenities
Interior
total bedrooms4
Total bathrooms2
full bathrooms2
Flooring Brick, Hardwood
APPLIANCES Electric Water Heater
Area & Lot
StatusSold
Living Area2,395 Sq.Ft.
Lot Area1.93 Acres
MLS® ID2381765
TypeResidential
YEAR BUILT1981
NeighborhoodChapel Hill
Architecture StylesRustic
Elementary SchoolCH/Carrboro - Northside
Middle SchoolCH/Carrboro - Grey Culbreth
High SchoolCH/Carrboro - East Chapel Hill
Exterior
STORIES2
roofMetal
parkingEntry/Rear, Entry/Side
HEAT TYPEForced Air, Heat Pump, Electric
AIR CONDITIONINGCentral Air
SubstructureWood Ext
Financial
Sales Price$600,000
Real Estate Tax$9,903/yr
LISTING AGENT
Tiffany Miller Clark
Broker
Tiffany is described as an active listener and a number-cruncher — two skills that serve her clients well in this fast-paced market.