Prime Development Opportunity – 1050 W Barton St, Greensboro, NC 27407** Introducing an exceptional investment opportunity in the heart of Greensboro. This rare 4-parcel offering spans a total of 2.84 acres and is already approved for the development of 24 multifamily units, each designed with 3 bedrooms and 2 bathrooms. This prime location offers developers and investors a streamlined path to break ground on a high-potential project. The site is zoned and ready for development, minimizing delays and accelerating your return on investment. 2.84 acres total, across 4 parcels - Approved for **24 multifamily units** with **3-bedroom, 2-bath layouts** - Excellent location in a thriving community - Strong demand for multifamily housing in Greensboro’s robust rental market Whether you’re an experienced developer or a savvy investor, this project presents the perfect opportunity to capitalize on Greensboro’s growing population and rental demand. Don’t miss out on this ready-to-develop site!
Property Details
Property Features
Listing Office:
Office Name: NorthGroup Real Estate
Office Phone: (704) 412-2804
Listing Agent: Dion Foulks
Lot Features
Lot Information:
Lot Size: 2.84 Acres
Other
Directions Information:
Directions: Take Hewitt Street to W Barton St. go to coordinates on map.
Price Information
Listing Price Info
Price Summary:
List Price: $289,900
Tax Information:
Annual Amount: $123
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Greensboro, NC.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,514
Per Month
Principal & Interest
$1,447
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$936
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Alderman Elementary School
4211 Chateau Dr
Distance between this listing and this school0.86 miles
Public District Grades PK-5
5
/10
Hunter Elementary School
1305 Merritt Dr
Distance between this listing and this school1.01 miles
Public District Grades PK-5
2
/10
Sedgefield Elementary School
2905 Groometown Rd
Distance between this listing and this school1.68 miles
Public District Grades PK-5
Nearby Schools
5
/10
Jackson Middle School
2200 Ontario St
Distance between this listing and this school2.42 miles
Public District Grades 6-8
3
/10
Western Guilford Middle School
401 College Rd
Distance between this listing and this school2.47 miles
Public District Grades 6-8
6
/10
Kiser Middle School
716 Benjamin Pkwy
Distance between this listing and this school3.64 miles
Public District Grades 6-8
Nearby Schools
7
/10
Academy at Smith
2225 S Holden Rd
Distance between this listing and this school1.57 miles
Public Magnet Grades 9-12
5
/10
Smith High School
2407 S Holden Rd
Distance between this listing and this school1.81 miles
Public District Grades 9-12
4
/10
Western Guilford High School
409 Friendway Rd
Distance between this listing and this school2.90 miles
The neighbors living near this home have an average income of $29,653. Most Greensboro, NC residents have annual incomes less than $35k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1050 W Barton St
What is the listing price of this property?
The listing price of 1050 W Barton St property is $289,900.
What type of property is this?
The property 1050 W Barton St is land located in Greensboro, North Carolina, 27407.
Is this property for sale now?
Active Listing: 1050 W Barton St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $123 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1050 W Barton St in Greensboro, NC and zip code 27407 in the Hewitt Area neighborhood. This home sits on a 2.84 acre lot. It has been listed on Rocket Homes since September 23, 2024 and is currently priced at $289,900.
In November 2024, from all listings sold in Greensboro, NC there were more than 61 sold above asking price, over 138 sold below and more than 60 were sold right at the asked price. The number of homes for sale in Greensboro, NC decreased by 3.9% between October 2024 and November 2024. In November 2024, listings were on the market for 29 days. During the same period, the median list price in this real estate market was $284,236.
From Rocket Homes Real Estate and based on county public records data.
NBA/WNBA
NBA/WNBA
Pro Wrestling
Soccer
Express/Express For Men
Burlington
Forever 21
Starbucks
Cicis Pizza
Dominos Pizza
Pontiac
Mazda
Volkswagen
Urban Contemporary
Rhythmic Contemporary Hits
Jazz