8718 Rollingwood Road, Chapel Hill, North Carolina, United States, 27516

400,000
for Sale
4
2
30,056.4

About the property:

Investment opportunity just minutes from Chapel Hill! Located at 8178 Rolling Wood Road, this income-producing property offers two separate living spaces with established rental income totaling $2,650 per month. The upper unit features 3 bedrooms and 1 full bath and is currently rented for $1,450/month on a month-to-month lease with a 60-day termination notice. The lower-level unit offers 1 bedroom and 1 full bath and is currently rented for $1,200/month, with a lease in place through August 2027. Several important improvements have already been completed, including a new roof and heat pump in 2025, along with a 2020 water heater and additional updates since the current owner's purchase. Enjoy a peaceful setting without sacrificing proximity to some of the Chapel Hill area's favorite destinations. The property is less than 3 miles from Maple View Farm, approximately 4 miles from Honeysuckle Tea House, and less than 6 miles from Downtown Chapel Hill. Whether you're looking to expand your rental portfolio, generate income while planning future improvements, or secure an investment property close to Chapel Hill, 8178 Rolling Wood Road offers flexibility, established tenants, and immediate income from day one.
Property Type:
Duplex
Status:
for Sale
House Style:
Ranch
Bedrooms:
4
Bathrooms:
2
Full Bathrooms:
2
Acres:
0.69
Square Feet:
1965
Subdivision:
Rollingwood
Central A/C:
Yes
Central A C Details:
Heat Pump
Water:
Well
Garage And Parking:
Gravel
Heating:
Heat Pump
Appliances:
Dishwasher, Dryer, Electric Cooktop, Electric Oven, Free-Standing Electric Oven, Washer, Water Heater
Sewer:
Septic Tank
Directions:
From Raleigh: Take I-40 W toward Durham/Chapel Hill. Take Exit 273A for NC-54 W toward Chapel Hill. Continue toward Chapel Hill, then follow NC-54 W and local roads toward Rollingwood Rd. Turn onto Rollingwood Rd; 8718 Rollingwood Rd will be on your right
Association Fee:
0
Is Garage:
Yes
Is Farm:
Yes
Is Investment:
Yes
Is Investment Opportunity:
Yes
Is New Roof:
Yes
Is Ranch:
Yes
Is Washer:
Yes
Annual Property Taxes:
4,020.45
Listing ID:
10187585

Rooms

Dimensions

Brokered by:
Compass -- Chapel Hill - Durham
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