626 Shannon Drive Chapel Hill, NC 27516
3 Beds
1 Bath
1,070 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,070 sqft
Price per Sqft $261
Subdivision Rangewood
MLS Listing ID 10133917
Style House
Bedrooms 3
Full Baths 1
HOA Y/N No
Abv Grd Liv Area 1,070
Year Built 1975
Annual Tax Amount $1,681
Lot Size 0.390 Acres
Acres 0.39
Property Sub-Type Single Family Residence
Source Triangle MLS
Property Description
Rarely does an investment opportunity this pure hit the market in Chapel Hill's highly desirable Chapel Hill-Carrboro City Schools district. This classic, solid all-brick ranch is situated on a quiet, sought-after street in the established Rangewood neighborhood, offering incredible built-in value.
Investor Alert: This property is a COMPLETE gut job, stripped down to the studs and ready for your vision! No demolition required—the heavy lifting is done. The interior is a total blank canvas, lacking all fixtures, flooring, and systems (no kitchen, no bathrooms, etc.), making it the perfect turnkey project for a high-ROI flip or custom rental conversion.
Why This is Your Next Project:
Location, Location, Location: Fantastic resale potential in a coveted area, minutes from UNC, downtown Chapel Hill, and I-40.
Built-in Equity: The strong demand and high property values in the CHCCS district virtually guarantee a profitable exit strategy once renovated.
Solid Bones: The appealing brick exterior offers excellent curb appeal and a durable structure to build upon.
Unleash Your Design: With everything removed, you have complete creative control to design a modern, open floor plan that meets today's buyer demands.
This is not a cosmetic update—it's a ground-up transformation. Bring your contractors, your vision, and your capital! Properties in this condition, in this location, disappear fast.
Location
State NC
County Orange
Direction Take I-40 to Exit 273A (for NC-54 East/Chapel Hill). Follow NC-54 East (Durham-Chapel Hill Blvd).
Rooms
Other Rooms • Primary Bedroom: 12 x 11 (First)
• Bedroom 2: 10 x 10 (First)
• Bedroom 3: 10 x 14 (First)
• Dining Room: 12.8 x 10.7 (First)
• Kitchen: 12.8 x 13.5 (First)
• Laundry: 5.3 x 6.8 (First)
Primary Bedroom Level First
Interior
Heating Heat Pump
Cooling Central Air
Flooring Concrete
Fireplace No
Exterior
View Y/N Yes
Roof Type Shingle
Garage No
Private Pool No
Building
Faces Take I-40 to Exit 273A (for NC-54 East/Chapel Hill). Follow NC-54 East (Durham-Chapel Hill Blvd).
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style A-Frame, Traditional
Structure Type Brick
New Construction No
Schools
Elementary Schools Ch/Carrboro - Mcdougle
Middle Schools Ch/Carrboro - Mcdougle
High Schools Ch/Carrboro - Chapel Hill
Others
Senior Community No
Tax ID 9769207279
Special Listing Condition Standard
