This listing is NOT a foreclosure. T-4 Development opportunity for roughly 15 Units. There a 4 bedroom 2 bath home in need of renovation ona 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
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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.This MLS Resale home is a single family home located in LELAND. It offers 1.29 acres in size, 4 beds and 2 baths. Review its detailed information and determine if this LELAND MLS Resale has the qualities you are looking for.
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This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
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Property Info
Property ID921069768
MLS Number100468484
Parcel Number038HA010
CountyBrunswick
Bedrooms4
Bathrooms2.0
Living Area (sqft)1,678
Price/sqft$268
Year Built01/01/1965
Property TypeSingle Family Home
Lot Size1.29 acres
Stories1
Total Rooms6
Room ListBedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 2
Heating8
CoolingCentral
Floor CoveringWood
Roof TypeGABLE
Exterior WallsWood Siding
Legal Description1.29AC
ZoningT4
Listing StatusActive
rto financingtrio
Property Brokerage:
Red Realty Investors, LLC
,
1001 Military Cutoff Suite 101,
Wilmington,
NC28405
Copyright © 2024 Hive MLS / Cape Fear Realtors MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.