803 Lakeside Avenue

Burlington, NC 27217

$45,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

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...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
  1. Listed by Heather Morton Hill • EXP Realty LLC

Property Details for 803 Lakeside Avenue

Subdivision
Not in a Subdivision

Location

Listing Courtesy of EXP Realty LLC
Add your commute
LISTING UPDATED: 05/17/2024 05:21 PM

Property Details for 803 Lakeside Avenue

StatusPending
MLS #10023871
Days on Market1
Taxes$2,373 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1950
Lot Size0.89 AC / 38,768 SF
CountyAlamance County

Location

Listing Courtesy of EXP Realty LLC
Add your commute

Building Information for 803 Lakeside Avenue

Stories1Year Built1950Building Size-Lot Size0.89 AC / 38,768 SF

Payment Calculator

$443 per month

30 year fixed, 7.25% Interest

Principal and Interest

$246

Property Taxes

$198

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 803 Lakeside Avenue

Summary
Location and General Information
  • Zoning: HDR
  • 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 right.
  • Subdivision Name: Not in a Subdivision
  • Latitude: 36.111914
  • Longitude: -79.44196
Taxes and HOA Information
  • Association: No
  • Tax Annual Amount: $2,373.00
  • City Limits Of: Burlington
  • City Limits YN: Yes
  • Lot Number: 32
  • Restrictive Covenants YN: No
Contract Information
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: No
  • Years Owned: 1 or More Year(s)
School Information
  • Elementary School: Alamance - Hillcrest
  • Middle Or Junior School: Alamance - Turrentine
  • High School: Alamance - Walter Williams
Parking
  • Open Parking: No
  • Garage: No
Property
Lot Information
  • Building Area Total: 2.0
  • Lot Size Dimensions: 198 x 267z99z285
  • Architectural Style: Ranch
  • Total Other Area Sq Ft: 0
  • Parcel Number: 126887
  • Enhanced Accessible: No
  • Primary Residence YN: No
Property and Assessments
  • New Construction: No
  • Photos Count: 15
  • Below Grade Finished Area: 1.0
  • Below Grade Finished Area Units: Square Feet
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
  • Foundation Details: Other
  • Pool Private: No
  • Roof: None, See Remarks
  • New Construction Type: Brick
Interior Features
  • Levels: One
  • Stories: 1
  • Basement Description: Other
  • Flooring: None, See Remarks
  • Cooling: None
  • Cooling?: No
  • Heating: None, See Remarks
  • Heating?: Yes
  • Interior: Brick
Room Information
Room Information
  • Rooms Total: 0.0
Agent
Sale and Listing
  • Property Class Name: CrossProperty

Property History for 803 Lakeside Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 803 Lakeside Avenue

Taxable ValueLand$44,585Additions$215,893Total$260,478
Tax Record2023$1,125 ($94 / month)
Home Facts
Beds3Baths1Total Finished SqFt1,865 SqFtAbove Grade Finished SqFt1,865 SqFtStories1Lot Size39,030 SqFtStyleSingle Family ResidenceYear Built1950ZoningR 6CountyALAMANCEAPN126887Fireplace TypeHas Fireplace

Schools near 803 Lakeside Avenue

This home is within Alamance-Burlington School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Hillcrest Elementary
PublicPK to 5

Turrentine Middle
Public6 to 8

Walter M Williams High
Public9 to 12

NC School for Deaf Morganton
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP Realty LLC

Listings marked with an icon are provided in part courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Listings are also provided in part by the IDX program of Longleaf Pine REALTORS and Alamance MLS. Copyright 2024 Triangle MLS, Inc. of North Carolina. Copyright 2024 Longleaf Pine REALTORS. Copyright 2024 Alamance MLS. All rights reserved. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s). Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA competitive or home valuation of any property.