740 Chestnut St, Greensboro, NC 27405

Single Family / 10 Bedroom(s) / 7 Bath(s)

Property Status:  For Sale | $255,500.00


Property Photos


Group Home or Unique Investment Opportunity at 740 Chestnut St, Greensboro, NC


Property Status:
This Property is currently...
  • Status:  For Sale | $255,500.00
Property Details:
Single Family / 10 BR / 7 BA
Property Style:
5+ Units
Basement:
No Basement
Owner / Agent:
Individual Owner
Property Features:
No Property Features Listed.
Contact Info
Optimal Properties
(336) 508-5033

View on Individual's Website
Property Description:

Presenting a unique investment opportunity at 740 Chestnut St, a property previously used as a group home and currently zoned for this purpose. This property is ideal for developers or organizations looking to establish a group home, assisted living facility, or other specialized housing solution. 740 Chestnut St is ready for a total rehab, making it a perfect canvas for those looking to customize it to meet the needs of future residents.

Key Features:
Zoned for Group Home Use: This property is already zoned for use as a group home, simplifying the process of transitioning it into a fully functional assisted living or care facility.
Needs Full Renovation: The home requires a total rehab, offering an excellent opportunity for customization to meet regulatory standards and the specific needs of residents.
Previously Operated as a Group Home: With a history as a group home, the property has the foundation for development into a care facility, with the proper zoning and layout to accommodate residents comfortably.
Spacious Layout: With a large interior, the property can be reconfigured to include multiple bedrooms, common areas, and accessible spaces to provide a safe and comfortable environment for those in need of care.
Large Outdoor Space: The sizable yard offers the potential for outdoor recreational areas, gardens, or quiet spaces for residents to enjoy, enhancing the quality of life.
Prime Location: Located in Greensboro, the property is near local hospitals, shopping, and essential services, making it a convenient location for staff, residents, and visitors.
This property offers an excellent investment for anyone looking to develop or expand into group housing or assisted living. With the right vision and renovation, 740 Chestnut St can become a vital resource for those in need of care.

For more information or to schedule a viewing, contact:
Rebecca Acer
Phone: 336-508-5033
Email: rebecca.acer555@gmail.com



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