709 N Columbia Street
Chapel Hill, NC 27516
- 3 beds
- 2 baths
- 1,375 sqft
- 6,969 sqft lot
- $381 per sqft
- 1957 build
- – on site
Do you want to live close to the UNC campus or own an investment property in a prime location? This captivating home, PLUS back studio/ADU, makes this renovated 1950s ranch the ultimate blend of charm and investment gold! The front house features 3 bedrooms, 1 bath with W/D, a sleek kitchen, and a huge living room with a wood-burning stove. It rented for $2,400/month, with a $100 discount to offset back studio utilities. The back studio, a perfect retreat with its own kitchenette, bath, and laundry, rented for $700/month with utilities included. With a total rental income of $3,000/month that hasn't increased in years. No matter what time of year, this seller has never had more than 2 months vacancy since purchasing in 2005. This property is a cash flow machine! Recent upgrades elevate this home to modern standards: a sleek metal roof, new hot water heater, dishwasher, washer, and dryer, updated plumbing, a dual HVAC system, and a gas stove. The 3 skylights flood the space with natural light in the kitchen, bathroom, and the living room. The updated kitchen boasts a contemporary IKEA design and a butcher block island. Enjoy the cozy ambiance of the wood-burning stove in the living area and the refinished hardwood floors throughout the main house. The electrical system has been checked, and a vapor barrier has been installed for added efficiency. The back studio features its own split HVAC unit, ensuring year-round comfort. The large front porch is perfect for sipping morning coffee or unwinding in the evening. The private fenced backyard offers a serene oasis, ideal for gardening, entertaining, or simply relaxing. Parking for 4 cars is available in the driveway. This property is just a few blocks to UNC campus, Franklin St, and Downtown. It's also just one block from the free bus line. It's a location that offers the best of Chapel Hill living. Don't miss out on this rare opportunity to own a piece of prime real estate with incredible income potential. Whether you're seeking a stylish abode or a lucrative investment, this property ticks all the boxes.
Listing courtesy of DMLS / Compass -- Chapel Hill - Durham
Last checked:
Checking…
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Last updated Oct 5, 2024
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MLS# 10056618 —
The Building
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Year Built:1957
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New Construction:false
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Construction Materials:Fiber Cement
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Architectural Style:Bungalow
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Structure Type:Site Built
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Roof:Metal
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Stories:1
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Levels:One
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Basement:false
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Foundation Details:Block
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Window Features:Storm Window(s)
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Building Area Total:1375
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Building Area Units:Square Feet
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Above Grade Finished Area:1375
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Above Grade Finished Area Units:Square Feet
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Below Grade Finished Area Units:Square Feet
Interior
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Rooms Total:6
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Interior Features:Eat-in Kitchen
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Flooring:Tile
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Fireplace:true
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Fireplaces Total:1
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Fireplace Features:Living Room
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Laundry Features:In Bathroom
Room Dimensions
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Living Area:1375
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Living Area Units:Square Feet
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Living Area Source:Appraiser
Location
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Directions:From Top of the Hill Restaurant & Brewery - Chapel Hill: Head northwest on S Columbia St toward W Franklin St. Turn left onto N Columbia St. Destination will be on the left, blue house with red door. 3 min car ride or 8 min bus ride.
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Latitude:35.920878
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Longitude:-79.059338
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Coordinates:-79.059338, 35.920878
The Property
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Parcel Number:9789203021
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Property Subtype:Single Family Residence
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Property Type:Residential
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Lot Features:Back Yard
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Lot Size Acres:0.16
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Lot Size Area:6969.6
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Lot Size SqFt:6969.6
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Lot Size Units:Square Feet
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View:true
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Exterior Features:Fenced Yard
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Other Structures:Shed(s)
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Fencing:Back Yard
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Waterfront:false
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Road Frontage Type:City Street
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Road Surface Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (919) 448-5079
- Office phone:
- (919) 999-8482
Taxes
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Tax Annual Amount:5645.98
Beds
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Bedrooms Total:3
Baths
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Total Baths:2
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Total Baths:2
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Total Baths:2
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Full Baths:2
The Listing
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Special Listing Conditions:Standard
Heating & Cooling
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Heating:Forced Air
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Heating:true
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Cooling:Ceiling Fan(s)
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Cooling:true
Utilities
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Utilities:Electricity Connected
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Dishwasher
Schools
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Elementary School:CH/Carrboro - Northside
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Middle Or Junior School:CH/Carrboro - Guy Phillips
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High School:CH/Carrboro - East Chapel Hill
The Community
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Subdivision Name:Not in a Subdivision
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Senior Community:false
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Spa:false
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Spa Features:None
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Pool Private:false
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Association:false
Parking
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Garage:false
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Attached Garage:false
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Parking Features:Gravel
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Open Parking:true
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Open Parking Spaces:4
Monthly cost estimate
Asking price
$525,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,811
|
Taxes | $470 |
Insurance | $144 |
Utilities | $150 See report |
Total | $3,575/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
10/4/24
Oct 4, 2024
|
Listed / Active | DMLS | $525,000 |