Address
803 Lakeside Avenue, Burlington, NC
Price
$ 45,000
Property Attributes
  • MLS#10023871
  • TypePending
  • CountyALAMANCE
  • CityBurlington
  • AreaAlamance
  • Zip27217
  • StyleRanch
  • Year Built1950
  • Taxes$ 2373
  • Price$ 45,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2
  • Lot Size0.89 Acres
Data Source:
Triangle MLS (TMLS)
Property Description

Land value pricing makes this a lucrative opportunity! Situated on .89 acres in Burlington, there is immense potential for savvy investors or flippers with this one. Though the existing home has been affected by fire and is currently uninhabitable (or safe to walk through), the City of Burlington's zoning regulations present lucrative prospects: Rebuild the existing structure, (with code enforcement consult & engineer work as per city requirements), or start afresh, constructing up to 6 detached single-family homes or 8 single-family attached under HDR zoning. (Buyer should have a survey to verify acreage to determine the exact number of units allowed). The possibilities are boundless. Don't miss this chance to capitalize on this promising investment opportunity! ***BRING YOUR HIGHEST & BEST OFFER BY 3PM ON SUNDAY, APRIL 21***

Elementary School Middle School High School
Alamance - Hillcrest Elementary School Alamance - Turrentine Middle School Alamance - Walter Williams High School
Price History
4/18/2024 Listed $45,000

General Features

Sewer Public Sewer
Heating None,See Remarks
Cooling None
Roof None,See Remarks
Zoning HDR
Architectural Style Ranch
Construction Materials Brick
Year Built 1950
Stories 1
Levels One
Property SubType Single Family Residence
County Alamance
New Construction No
Property Type Residential
HOA / Comm Assn No
Attached Garage No
Subdivision Name Not in a Subdivision
Garage Y/N No
Status Pending
Directions From I85/40 take exit 145 and take Maple Avenue to S. Mebane St,turn right. Turn left onto E. Webb Avenue,right onto Elmira right on N Park,left on Logan and left onto Lakeside. Home will be on the r
ModificationTimestamp 2024-04-22T01:47:37.000Z
High School Alamance - Walter Williams
City Burlington
Buyer Agent Compensation 3.00
View Y/N No
Senior Community Y/N No
Lot Size Square Feet 38768.4
Waterfront Y/N No
Carport Y/N No
Street Name Lakeside
Elementary School Alamance - Hillcrest
Property Attached Y/N No
Tax Annual Amount 2373
Middle/Junior High School Alamance - Turrentine
Lease Considered Y/N No
Days on Market 3
Building Area Units Square Feet
Standard Status Pending
Buyer Agent Compensation Type %

Interior Features

Basement Other
Flooring None,See Remarks
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N No
Above Grade Finished Area 1
Street Suffix Avenue
Below Grade Finished Area 1
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Living Area Units Square Feet

Exterior Features

Water Source Public
Lot Size Area 38768.4
Foundation Details Other
Spa No
Building Area Total 2
Lot Dimensions 198 x 267z99z285
Lot Size Acres 0.89
Lot Size Units Square Feet
Open Parking Y/N No
Horse Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 27217

Price
AVG $230K
$50K
Taxes
AVG $2,762
$2,373
Visits
AVG 106
61
Data Provided by Inside Real Estate®
Year Built
AVG 1975
1950