130 S Estes Drive
Chapel Hill 27514
$150,000
Attention investors. If you’re looking to get into the thriving mid-term rental space, here is a fantastic turn key opportunity. Proven rents of $2,000+ monthly. More than satisfies the 1% rule. Similar properties in Camelot Village have sold for $20k more in recent weeks, instant equity! Walking distance to UNC, 2 blocks to Franklin St, Bordering the Chapel Hill Community Park, and directly across the street from the Multimillion dollar University Place redevelopment. Complex is under new HOA management and values are rising quickly. You won’t find a property in better condition at a lower price in all of Chapel Hill. This property is also perfect for students, and first time buyers. Furnishings are included. HOA Dues cover Water, Sewer and Trash. Complex features open green spaces, mature trees, a private pool and a serene pond.
| Overview | |
| Bedrooms: | 1 |
| Bathrooms (full) | 1 |
| Bathrooms (total) | 1 |
| Square Footage (approx.) | 655 |
| Year Built | 1967 |
| This listing last modified... | Nov 21, 2023 |
| MLS# | 2517762 |
| Listing courtesy of... | Heyward Realty |
| Additional Details | |
| Status | PENDING |
| Price per Square Ft. | $229 |
| Schools | |
| -Elementary | CH/Carrboro - Rashkis |
| -Middle/Junior | CH/Carrboro - Guy Phillips |
| -High School | CH/Carrboro - East Chapel Hill |
Full Details
| # Rooms | 3 |
| AC | A/C Age 0-3 Years,Electric,Wall Unit(s) |
| Address direction | S |
| Address number | 130 |
| Address street | Estes Drive |
| Approximate acres | 0.00 |
| Basement | No |
| Bedrooms | 1 |
| City | Chapel Hill |
| County | Orange |
| Directions | From Fordham Blvd, turn West on S Estes Drive. Turn left on Camelot Drive. Take First right. Park in front of Building B or in the parking lot between Building C and D. Condo is in the "rear" of building C. |
| Elementary school 1 | CH/Carrboro - Rashkis |
| Fireplace | 0 |
| Foundation | Slab |
| Full baths | 1 |
| Garage | 0 |
| Half baths | 0 |
| Heating | Forced Air |
| High school 1 | CH/Carrboro - East Chapel Hill |
| List date | 2023-06-22 |
| List price | $150,000 |
| Lot dimensions | N/A |
| Master bedroom 1st floor | Yes |
| Middle school 1 | CH/Carrboro - Guy Phillips |
| MLS# | 2517762 |
| Photo count | 22 |
| Property type | Condo |
| Remarks | Attention investors. If you’re looking to get into the thriving mid-term rental space, here is a fantastic turn key opportunity. Proven rents of $2,000+ monthly. More than satisfies the 1% rule. Similar properties in Camelot Village have sold for $20k more in recent weeks, instant equity! Walking distance to UNC, 2 blocks to Franklin St, Bordering the Chapel Hill Community Park, and directly across the street from the Multimillion dollar University Place redevelopment. Complex is under new HOA management and values are rising quickly. You won’t find a property in better condition at a lower price in all of Chapel Hill. This property is also perfect for students, and first time buyers. Furnishings are included. HOA Dues cover Water, Sewer and Trash. Complex features open green spaces, mature trees, a private pool and a serene pond. |
| Roof | Shingle |
| Status | PENDING |
| Style | Transitional |
| Total baths | 1 |
| Total living area sqft | 655 |
| Unit# | C1 |
| Year built | 1967 |
| Zip | 27514 |
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