110 Carolina Avenue, Leland, NC 28451

$419,900
4
BD
2
BA
1,678
SqFt
List Price
$419,900
Status
ACTIVE
MLS#
100468484
Price Change
▼ $15,100 1728872022
Days on Market
17
Year Built
1965
Levels
One
Bedrooms
4
Bathrooms
2
Full-baths
2
Living Area
1,678
Acres
1.29
Neighborhood
Not In Subdivision
Stipulations
None

Property 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.

Additional Information

Taxes
$1,173
Available Amenities
See Remarks
Interior Features
Workshop
Cooling
None
Heating
Electric, None
Floors
Wood
Foundation
Block
Roof
Shingle
Exterior Finish
Wood Siding
Lot Information
Interior Lot
Lot Water Features
None
Water
Well
Sewer
Septic On Site
Elementary School
Lincoln
Middle School
Leland
High School
North Brunswick

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Innovate-Wilmington.

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