709 N Columbia StreetChapel Hill, NC 27516
- House
- $525,000
- 1,375 SQFT
- 3 Bedrooms
- 2 Bathrooms
- 1,375 SQFT
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.
- Last Checked
- 1 minute ago
- Last Updated
- Oct 04, 2024
- Days on Website
- 1
- Type
- House
- Style
- Bungalow
- Year Built
- 1957
- Neighborhood
- Not in a Subdivision
- County
- Orange
- Elementary School
- Northside
- Middle School
- Guy Phillips
- High School
- East Chapel Hill
Property Details for 709 N Columbia Street
709 N Columbia Street is a house for sale in Chapel Hill, NC 27516. This 1,375 SQFT house sits on a 0.16 acre lot and features 3 bedrooms and 2 bathrooms. Built in 1957, this house has been on the market for a total of 1 days and is currently priced at $525,000.
Please contact Samantha Greaves at Compass -- Chapel Hill - Durham direct by phone at 919-448-5079. You may also reach Compass -- Chapel Hill - Durham by phone at 919-999-8482.
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Listing Provider for 709 N Columbia Street
Offered by Red Door Company. Information Not Guaranteed. © Triangle MLS Inc. All rights reserved. Listings marked with a TMLSidx icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.
- Agent:
- Samantha Greaves
- Agent Phone Number:
- 919-448-5079
- Office:
- Compass -- Chapel Hill - Durham
- Office Phone Number:
- 919-999-8482
- MLS ID:
- 10056618
- Data Source:
- Triangle MLS
- Last Checked:
- 1 minute ago
- Last Updated:
- October 4, 2024 8:00 PM UTC
- Days on Site:
- 1