NOT LISTED FOR SALE

110 W Carr St Carrboro, NC 27510

-- Bed
-- Bath
-- Sq Ft
1.6 Acres

Last Sold June 30, 2023

Last sale price $1,625,000

4 Days on Market

Highlights

  • 1.6 Acre Lot
  • Wood Flooring
  • Central Air
  • McDougle Middle School Rated A
  • Landscaped with Trees
  • 4-minute walk to Carrboro Farmers Market and Playground

About This Home

As of June 2023

Rare investment opportunity for an 8-unit apartment building in downtown Carrboro. All units are fully leased. All units are 2 bedroom, 1 bathroom with washer/dryers. The building is strategically located in Carrboro with a short walk to Weaver Street, Carrboro Commons, Franklin Street and the UNC campus. The building sits on a 1.6 acre lot with large green spaces on either side of the building.

Last Agent to Sell the Property

Jodi Bakst

Real Estate Experts License #187331 Listed on: 05/02/2023

Last Buyer's Agent

Yang Yuan

CHK Realty License #276407

CHK Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,373

Year Built

  • Built in 1975

Lot Details

  • Cleared Lot
  • Landscaped with Trees

Parking

  • 2 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Laundry

  • Laundry in unit

Schools

  • Northside Elementary School
  • Mcdougle Middle School
  • Carrboro High School

Utilities

  • Central Air
  • Heat Pump System

Community Details

Overview

  • 8 Units

Building Details

  • Operating Expense $3,948
  • Gross Income $9,719

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,373

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Year Built: 1975
  • Prop. Type: Residential Income
  • Subdivision Name: Not in a Subdivision
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • General Property Information Lot Size Dimensions: 188x479x123x475
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Lot Features Hardwood Trees: Yes
  • Lot Features Partially Cleared: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Rare investment opportunity for an 8-unit apartment building in downtown Carrboro. All units are fully leased. All units are 2 bedroom, 1 bathroom with washer/dryers. The building is strategically located in Carrboro with a short walk to Weaver Street, Carrboro Commons, Franklin Street and the UNC campus. The building sits on a 1.6 acre lot with large green spaces on either side of the building.
  • Flooring Laminate: Yes
  • General Property Information Carport YN: No
  • General Property Information Number Of Units Total3: 8.0
  • General Property Information Lot Size Square Feet2: 69696.0
  • General Property Information Lot Size Acres: 1.6
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Hardwood, Laminate, Tile
  • Laundry Features:In Unit: Yes

Exterior Features

  • Acres: 1.6
  • Construction Type: Brick
  • Foundation Details: Slab
  • Construction Materials:Brick: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Information:Parking Total: 2.0

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes

Fee Information

  • Operating Expense: 3948.0

Schools

  • Ninth Grade High School: CH/Carrboro - Carrboro
  • Middle Or Junior School: CH/Carrboro - McDougle

Lot Info

  • Zoning: R75
  • Lot Dimensions: 188x479x123x475
  • Lot Size Sq Ft: 69696.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: None

Tax Info

  • Tax Annual Amount: 19373.0
  • Tax Year: 2022
  • Tax Map Number: 6147/358

Multi Family

  • Number Of Units Total: 8
  • Annual Gross Income: 9719.0

MLS Schools

  • Elementary School: CH/Carrboro - Northside

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $1,625,000 -- --
06/30/2023 06/30/23 Sold $1,625,000 +8.3% --
05/05/2023 05/05/23 Pending -- -- --
05/01/2023 05/01/23 For Sale $1,500,000 -- --
Source: Doorify MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jodi Bakst

    Seller's Agent in 2023

    Jodi Bakst

    Real Estate Experts

    (919) 697-5014

    12 in this area

    122 Total Sales

    Jodi Bakst
    Section Image
  • Yang Yuan

    Buyer's Agent in 2023

    Yang Yuan

    CHK Realty

    (919) 370-2522

    8 in this area

    119 Total Sales

    Yang Yuan
    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2508064

Doorify MLS
North Carolina Orange County Carrboro 27510

110 W Carr St, Carrboro, NC

Not Listed for Sale

Condos

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