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626 Shannon Drive, Chapel Hill, NC 27516

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For Sale

$280,000

3 beds • 1 baths • 1,070 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • $261.68
    Price per square foot

  • 41-50 Years Old
    Age

Explore this Property

626 Shannon Dr: Prime Location Meets Blank Canvas Potential! 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.
MLS# 10133917

Courtesy Of Mark Spain Real Estate

(770) 886-9000

Property Features

  • Age
    41-50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Floor Covering
    Concrete
  • Lot Size
    0.39 Acres
  • Rooms
    Laundry Room, Dining Room

Map and Directions

Directions to 626 Shannon Drive, Chapel Hill, NC 27516

Home seller CENTURY 21 Southern Lifestyles

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Southern Lifestyles

(919) 533-6300
Learn More About Us

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.