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$359,900

Beds
4
Baths
2.0
sq ft
1,678

110 Carolina Ave, Leland, NC 28451

110 Carolina Ave

Leland, NC 28451

  • 41 days on market
    • Price drop $10,000↓
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.

Details

Property type

Single Family Residence

Lot size

1.29 acres

Price per sq ft

$215

Year built

1965

Annual property taxes

$1,173.76

Price History

11/04/2024
NorthCarolinaRegional

NorthCarolinaRegional #100468484

Price change
$359,900
-2.7%
11/01/2024
NorthCarolinaRegional

NorthCarolinaRegional #100468484

Price change
$369,900
-3.92%
10/24/2024
NorthCarolinaRegional

NorthCarolinaRegional #100468484

Price change
$385,000
-3.73%

Schools & Community

Elementary school: 

Lincoln

Middle school: 

Leland

High school: 

North Brunswick

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Status: Active

Tomo last checked: 11/08/2024 at 12:55 PM

Listing updated: 11/04/2024 at 6:02 PM

Listed by: Basil Williams, Keller Williams Innovate-Wilmington Phone #: (910) 777-2200

MLS: NorthCarolinaRegional #100468484

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