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Terri Bias

Operator/Brokerage Owner | Terri Bias and Associates | PLACE

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4 Bolin Heights , Chapel Hill, NC 27514
$1,450,000
Est. Payment: $7,427.61/mo
0 Bed
0 Bath
0 Sqft
Status: active with contingency | Days on site: 333
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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Terri Bias
Operator/Brokerage Owner

House Description

Investors< take a good look at this property ,.77 acres located approximately .6 miles to the intersection of East Franklin St. and Columbia St. in the heart of Chapel Hill N.C.and the UNC Campus. The Town of Chapel Hill wants new housing, and The Land Use Management Ordinance (LUMO)has incentives for new affordable housing. The subject property is in a R 4 zoning area and could yield 5/10 or more housing units. Think about that, new housing that is walking distance to Franklin St, UNC campus, shopping, and restaurants. There is a rental home on the property along with two storage buildings being sold as is. Do not disturb tenants, Property is a redevelopmeproperty.

Highlights

Listed by Tommy L Watts , 919-260-0054 Coldwell Banker - HPW , 919-960-6300. Triangle MLS, Inc. of North Carolina mls logo

Property Type

Vacant Land

Lot/Acreage
0.77

County

Orange

Neighborhood

Not in a Subdivision

Listing ID

10094490

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Water:Public

Exterior Features

Lot:See Remarks
Lot Dimensions:0 x 0
Zoning:R4
Sewer:Public Sewer
Principal Interest
$7,428
Taxes
$344

Home Price

$1,450,000

Loan Details

30 yrs
6.625%

Down Payment

20%
$290,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$7,427.61

Principal

Taxes

Principal Taxes HOA Total
Monthly $7,427.61 $344.00 $0.00 $7,771.61
Yearly $89,131.29 $4,128.00 $0.00 $93,259.29
Total $2,673,938.57 $123,840.00 $0.00 $2,797,778.57

Today's Rates

30 Year

6.63%

20 Year

6.38%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Chapel Hill, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information Not Guaranteed.
Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.
©2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

Data last updated: 2026-08-24T15:38:14.000Z

© 2026 Triangle MLS, Inc. of North Carolina

MLS Logo - Triangle MLS, Inc. of North Carolina