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T-4 Development opportunity for roughly 15 Units. There a 4 bedroom 2 bath home in need of renovation on a 1.29 acre Lot. Zoning is T4 which would allow 15 units to be developed. Must confirm with zoning. See Zoning Notes........ Regarding your question about whether mixed-use is allowed, the answer is yes. In the T4 zoning district it allows for a live/work unit. A live-work unit is a mixed-use unit consisting of a commercial and residential function. The commercial function may be anywhere in the unit. It is intended to be occupied by a business operator who lives in the same structure that contains the commercial activity or industry. (Syn: Flexhouse.) Other types of mixed-uses such as a mixed-use block is not permitted. This type of use is typically seen with buildings that have apartments above and retail at the bottom, such as Harrington Square. With regards to your next question, how many single-family homes you can have on a property? You are only allowed 12 dwelling units per acre. This goes for multifamily style projects and subdivisions. This zoning district has a minimum lot width of 16', if you could get a bunch of 16' lots in your subdivision, you still couldn't go over the 12 units per acre. Lastly, with commercial, you can have your typical commercial buildings on this lot, however, uses such as a strip malls or shopping mall are not permitted. There is not a set number of units you can have on this property just ensure that it meets the lot occupation which is 70% max of the lot.
This listing courtesy of:
Keller Williams Innovate-Wilmington
Your BAH amount is for the military housing area.
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$--- Est. Payment - $--- BAH = $--- Remaining
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19.51% of housing units are renter occupied.
6.84% are vacant.
The median travel time to work is 18 minutes.
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