$950,000

Prime Chapel Hill location on a generous 1.79-acre lot, offered as-is and just minutes to UNC, downtown, and the dining and shops along Franklin Street. Ideally situated on highly desirable Purefoy Road near Merritt's Grill, this property presents a rare opportunity for investors, builders, or buyers ready to renovate or reimagine. Originally built in 1937, portions of the individual units have been updated over time; however, most are in need of full renovation. The property includes two structures -- one building with two units and a second with six units -- offering multiple bedrooms and flexible living spaces suited to a variety of uses. Set amid mature surroundings, the expansive lot offers both privacy and exceptional redevelopment potential, including a possible teardown and custom multi-unit rebuild. Enjoy convenient access to transit, campus, and major corridors--an outstanding opportunity in one of Chapel Hill's most sought-after locations.