626 Shannon Drive

Chapel Hill, NC 27516

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.

Listing courtesy of Bryan Scott Carver of Mark Spain Real Estate



Listings that are marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2025 Triangle MLS, Inc. of North Carolina. All rights reserved.

Last checked: 2025-11-20 05:28 PM UTC