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626 Shannon Drive

Chapel Hill, NC 27516
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26 images $280,000 View home

Rangewood

626 Shannon Drive, Chapel Hill NC 27516

3 bd / 1 ba / 1,070 sqft

Status: Active, MLS #10133917 Courtesy of Mark Spain Real Estate.

626 Shannon Drive

Chapel Hill, NC 27516
Active ID# 10133917

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.

$280,000 3 bedrooms 1 full bathrooms 0.39 acres 1,070 square feet $262 per square foot
  • Carport Y/N Yes
  • Construction Materials Brick
  • Lot Size Acres 0.39
  • Structure Type House
  • Above Grade Finished Area 1,070
  • Cooling Central Air
  • Cooling Y/N Yes
  • Flooring Concrete
  • Heating Heat Pump
  • Heating Y/N Yes
  • Rooms Total 7
  • Tax Annual Amount 1681
  • Water Source Public
  • Year Built 1975

Additional Property Information

  • TypeSingle Family Residence
  • Built1975
  • NeighborhoodRangewood
  • CountyOrange
  • AreaChapel Hill
  • Elementary SchoolCH/Carrboro - McDougle
  • Middle SchoolCH/Carrboro - McDougle
  • High SchoolCH/Carrboro - Chapel Hill
More Info on School Ratings

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