803 Lakeside Avenue

$81,827
803 Lakeside Avenue, Burlington, NC 27217
803 Lakeside Avenue

803 Lakeside Avenue

$81,827

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***

Features & Amenities

Interior

Flooring None, See Remarks

Exterior

Stories 1
Water Source Public
ROOF None, See Remarks
Heat type None, See Remarks
Air Conditioning None
Sewer Public Sewer
Substructure Other

Area & Lot

Status Sold
LIVING SPACE 2 Sq.Ft.
LOT SIZE 0.89 Acres
MLS® ID 10023871
Type Residential
Year Built 1950
Architecture Styles Ranch
ELEMENTARY SCHOOL Alamance - Hillcrest
MIDDLE SCHOOL Alamance - Turrentine
HIGH SCHOOL Alamance - Walter Williams

Financial

SALES PRICE $81,827
REAL ESTATE TAXES $2,373/yr
Zoning HDR

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