501 North Street Chapel Hill, NC 27514
8 Beds
4 Baths
3,649 SqFt
UPDATED:
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 $506
Subdivision Not In A Subdivision
MLS Listing ID 10084834
Bedrooms 8
Full Baths 4
HOA Y/N No
Abv Grd Liv Area 3,649
Originating Board Triangle MLS
Year Built 1937
Annual Tax Amount $11,853
Lot Size 0.560 Acres
Acres 0.56
Property Sub-Type Single Family Residence
Property Description
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
Direction Between Hillsborough and Boundary on the north side of the street
Rooms
Basement Finished
Interior
Interior Features Built-in Features, Crown Molding
Heating Forced Air
Cooling Central Air
Flooring Hardwood
Fireplaces Number 3
Fireplaces Type Bedroom, Family Room
Fireplace Yes
Exterior
View Y/N Yes
Roof Type Shingle
Garage No
Private Pool No
Building
Faces Between Hillsborough and Boundary on the north side of the street
Story 2
Foundation Permanent
Sewer Public Sewer
Water Public
Architectural Style Colonial, Traditional
Level or Stories 2
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
Tax ID 9788592174
Special Listing Condition Standard
