1. North Carolina
  2. Chapel Hill
  3. 501 North Street
$1,650,000

501 North Street, Chapel Hill, NC 27514

  • 8 beds |
  • 4 baths |
  • 3,649 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1937
  • Property Lot Size Icon0.56acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $452/sqft
  • Property List Date Icon Listed 4 months ago

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.

Listing Status:
Active
Listing Office:
Carolina's Choice Real Estate : 919-788-9525
Listing Agent:
David Wilson : 919-844-1152
MLS ID:
10084834
  • General: Built-in FeaturesCrown Molding
  • Basement: Finished
  • Flooring: Hardwood
  • A/C: Central Air
  • Heating: Forced Air
  • Fireplace: BedroomFamily RoomFireplaceFireplaces: 3

This listing courtesy of David Wilson, Carolina's Choice Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

N

Northside Elementary School

350 Caldwell Ext, Chapel Hill, NC, 27516

Grades KG-5

0.77 miles away

U

Unc Hospital School

101 Manning Dr, Chapel Hill, NC, 27514

Grades PK-12

0.94 miles away

U

Unc Hospital School

101 Manning Dr, Chapel Hill, NC, 27514

Grades PK-12

0.94 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.