400 W Rosemary Street APT 113, Chapel Hill, North Carolina, United States, 27516

499,000
for Sale
2
2

About the property:

Prime Rosemary Street Location | UNC Investment Opportunity Well-maintained 2-bedroom, 2-bathroom, four-story townhome-style condo in downtown Chapel Hill, just off Rosemary Street and within walking distance of UNC-Chapel Hill, UNC Hospitals, Franklin Street, restaurants, shops, and public transportation. The property offers a townhome-style layout with no neighbors above or below, hardwood floors, a gas fireplace, dining area, and a well-appointed kitchen with granite countertops and stainless steel appliances. Additional features include a private rooftop terrace and assigned covered parking, valuable amenities in downtown Chapel Hill. The location and two-bedroom floor plan make this an attractive option for the UNC student, faculty, medical, and professional rental market, subject to HOA and leasing restrictions. Currently leased through the end of July 2027, offering immediate rental income for the next owner. For parents of incoming UNC students, this creates a unique opportunity to collect rental income while their child is still in their freshman year, rather than purchasing a property that could sit vacant until their student is ready to move in. A well-positioned downtown Chapel Hill property offering immediate income, long-term ownership potential, and an exceptional location near UNC.
Property Type:
Condominium
Status:
for Sale
House Style:
Modern
Bedrooms:
2
Bathrooms:
2
Full Bathrooms:
2
Square Feet:
1207
Subdivision:
Rosemary Village
Central A/C:
Yes
Central A C Details:
Ceiling Fan(s), Central Air
Water:
Public
Garage And Parking:
Off Street
Fireplace:
Gas Log, Living Room
Heating:
Central, Fireplace(s)
Exterior:
Balcony, Barbecue, Outdoor Grill
Interior Features:
Ceiling Fan(s), Crown Molding, Recessed Lighting, Stone Counters
Appliances:
Dishwasher, Dryer, Electric Cooktop, Electric Range, Exhaust Fan, Free-Standing Refrigerator, Microwave, Oven, Range, Refrigerator, Stainless Steel Appliance(s), Washer
Sewer:
Public Sewer
Directions:
Go west on Franklin Street, right on Columbia Street, left on Rosemary Street. Building at the corner of Rosemary and MitchellLane. Please park in Space J.
Association Fee:
330
Association Fee Frequency:
Monthly
Is Garage:
Yes
Is Fireplace:
Yes
Is Hardwood Floors:
Yes
Is Investment:
Yes
Is Investment Opportunity:
Yes
Is Washer:
Yes
Annual Property Taxes:
5,985.78
Listing ID:
10191205

Rooms

Dimensions

Brokered by:
Mill House Properties
Presented By: