QUAD NEAR U.NC. CHAPEL HILL

PRICE:
$ 575,000
STATUS:
Sold
ADDRESS:
639 N Columbia St, Chapel Hill, NC 27516, USA
OVERVIEW:

SOLD 8/30/2022 FOR $525,000
$131,250 per unit

This quadraplex is uniquely located within walking distance of U.N.C. Chapel Hill and Franklin St. in Chapel Hill, N.C. This allows residents convenient access to campus and Chapel Hill’s most socially active location, offering numerous restaurants, bars, retail centers and other activities.

Built in 1942, the property appears to have originally been a single-family house that was later converted into four studio units, each with a unique floor plan. The property is professionally managed and has been well maintained considering the age of the property. The roof was replaced in 2020. All utilities are paid by the owner and equates to approximately $350 per month. All four units are fully leased for the 2022-2023 academic year.

Link To Tax Records
UNIT INFORMATION
Unit Type Size Rent
A STUDIO 355 SF APPRX. $875
B STUDIO 340 SF APPRX. $900
C STUDIO 375 SF APPRX. $950
D STUDIO 390 SF APPRX. $875
TOTALS 1,460 SF APPRX. $3,600
PROPERTY INFORMATION
PIN 9788292510
Tax Value $390,000
Taxes $6,300.14
Lot Size 0.20 ACRES
Year Built 1942
Exterior WOOD
Floors TILE, VINYL, LVP
Foundation CRAWL SPACE
HVAC WALL UNITS & BASEBOARD HEAT
Utilities OWNER PAYS ALL UTILITIES APPRX. $350/MO
Legal Description S/W INT LONGVIEW & N COLUMBIA P94/20
Appliances RANGE, REFRIGERATOR
Zoning CH

Location Map

QUAD NEAR U.NC. CHAPEL HILL
Address: 639 N Columbia St, Chapel Hill, NC 27516, USA Price: $ 575,000 Unit: