700 Martin Luther King Jr Boulevard
Chapel Hill 27514
$285,000
INVESTORS ALERT! Turn-key investment property in prime location - 15 mins to downtown Chapel Hill and UNC, this property is a part of a popular & safe student neighborhood. Bus stop just downstair. It continuously rented for the last 7 years. Lease in place until July, 2025. Current rent is $1500, and will increase to $1560 from Aug, 2024. Great tenant & well maintained unit with no missed rent. Tenant pays utilities. HVAC 2017. Washer/Dryer combo 2021. Great townhouse-style layout with living/dining space and kitchen on main floor; bedrooms and baths, on 2nd floor. One bathroom in the hallway and one in the master bedroom. Building A has ~150 sq ft bigger living area than the other buildings of the similar floor plan. This particular building has copper & plastic water pipes, no polybutylene pipes issues. Pool & tennis court. Parking by permit through HOA. Please see disclosure for an association lawsuit. Unit is tenant occupied. Please do not disturb the tenant. Seller is the listing
| Overview | |
| Bedrooms: | 2 |
| Bathrooms (full) | 2 |
| Bathrooms (total) | 2 |
| Square Footage (approx.) | 1,001 |
| Year Built | 1985 |
| This listing last modified... | Nov 19, 2023 |
| MLS# | 2539944 |
| Listing courtesy of... | Keller Williams Preferred Realty |
| Additional Details | |
| Status | CONTINGENT |
| Price per Square Ft. | $285 |
| Schools | |
| -Elementary | CH/Carrboro - Northside |
| -Middle/Junior | CH/Carrboro - Guy Phillips |
| -High School | CH/Carrboro - East Chapel Hill |
Full Details
| # Rooms | 6 |
| AC | Central Air |
| Address number | 700 |
| Address street | Martin Luther King Jr Boulevard |
| Approximate acres | 0.00 |
| Basement | No |
| Bedrooms | 2 |
| City | Chapel Hill |
| County | Orange |
| Directions | Building A is the first building on the right once coming into the Mill Creek community. Unit A9 is on the 3rd floor. |
| Elementary school 1 | CH/Carrboro - Northside |
| Exterior features | Tennis Court/Priv. Com,Community Street Lights,Bal |
| Fireplace | 0 |
| Full baths | 2 |
| Garage | 0 |
| Half baths | 0 |
| Heating | Forced Air,Heat Pump |
| High school 1 | CH/Carrboro - East Chapel Hill |
| List date | 2023-11-01 |
| List price | $285,000 |
| Lot dimensions | See county plat map |
| Master bedroom 1st floor | No |
| Middle school 1 | CH/Carrboro - Guy Phillips |
| MLS# | 2539944 |
| Photo count | 27 |
| Property type | Condo |
| Remarks | INVESTORS ALERT! Turn-key investment property in prime location - 15 mins to downtown Chapel Hill and UNC, this property is a part of a popular & safe student neighborhood. Bus stop just downstair. It continuously rented for the last 7 years. Lease in place until July, 2025. Current rent is $1500, and will increase to $1560 from Aug, 2024. Great tenant & well maintained unit with no missed rent. Tenant pays utilities. HVAC 2017. Washer/Dryer combo 2021. Great townhouse-style layout with living/dining space and kitchen on main floor; bedrooms and baths, on 2nd floor. One bathroom in the hallway and one in the master bedroom. Building A has ~150 sq ft bigger living area than the other buildings of the similar floor plan. This particular building has copper & plastic water pipes, no polybutylene pipes issues. Pool & tennis court. Parking by permit through HOA. Please see disclosure for an association lawsuit. Unit is tenant occupied. Please do not disturb the tenant. Seller is the listing |
| Roof | Shingle |
| Status | CONTINGENT |
| Style | Contemporary |
| Total baths | 2 |
| Total living area sqft | 1001 |
| Unit# | A9 |
| Virtual tour | https://my.matterport.com/show/?m=AtCL2ALM7ir |
| Year built | 1985 |
| Zip | 27514 |
The data relating to real estate for sale on this web site
comes from the Internet Data Exchange™ Program of the Triangle MLS, Inc.
of Cary. Real estate listings held by brokerage firms are marked with the Internet
Data Exchange™ logo or the Internet Data Exchange™ thumbnail logo
(
) and detailed information about them includes the name of the listing firms.
Copyright 2024 Triangle MLS, Inc. of North Carolina. All rights
reserved. The listing broker has attempted to offer accurate data, but buyers are
advised to confirm all items. ***** Information deemed reliable but not guaranteed
***** This site updated 05-09-2024.