501 North Street Active Save Request In-Person Tour Request Virtual Tour
Chapel Hill,NC 27514
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 3,649 sqft
Price per Sqft $452
Subdivision Not In A Subdivision
MLS Listing ID 10084834
Bedrooms 8
Full Baths 4
Year Built 1937
Annual Tax Amount $11,853
Lot Size 0.560 Acres
Property Sub-Type Single Family Residence
Property Description
Rarely on market! Supreme location - just 2 blocks from Franklin Street and UNC campus. Situated on a lovely 1/2 acre lot on North Street, surrounded by beautiful mature trees, this Colonial Revival style home is named as a
contributing structure to the Franklin-Rosemary Historic District's inclusion on
the prestigious National Register of Historic Places. This gorgeously renovated home has 5 bedrooms and 2 baths. The accessory apartment has 3 bedrooms and 2 baths for a total of 3700 square feet. The main house is spacious, with light filled rooms, large windows, high ceilings and gorgeous original hardwood floors. There is an abundance of traditional architectural details throughout. It features 2 patios, a deck and a balcony. The accessory apartment was added in 2013, has its own private entrance and features similar fixtures and finishes as the main house. Both have been meticulously maintained with new HVAC systems, newly insulated attic and a
newly sealed crawlspace. They both have stainless steel appliances and energy efficient washers and dryers. 501 North Street has been an outstanding rental property for years. Market
rates for bedrooms in this neighborhood exceed $1000/month per bed, and continue to be in incredibly high demand. For more information on its rental performance, please refer to the Offering Memorandum. Amazing opportunity that doesn't come around often. Keep it as a gold plate investment property or make it your home in the most desirable neighborhood in Chapel Hill.
Location
State NC
County Orange
Interior
Heating Forced Air
Cooling Central Air
Flooring Hardwood
Fireplaces Number 3
Fireplaces Type Bedroom,Family Room
Exterior
View Y/N Yes
Roof Type Shingle
Building
Story 2
Foundation Permanent
Sewer Public Sewer
Water Public
Structure Type Brick Veneer
New Construction No
Schools
Elementary Schools Ch/Carrboro - Northside
Middle Schools Ch/Carrboro - Guy Phillips
High Schools Ch/Carrboro - East Chapel Hill
Others
Special Listing Condition Standard