5 Howell Street Chapel Hill, NC 27514
Single Family Attached
MLS #: 10098426
Courtesy Of Compass North Carolina
Property InformationDescription
Rare investor find! Explore an exceptional investment opportunity at 5 Howell Street, Chapel Hill! Situated conveniently close to UNC-Chapel Hill campus and hospital, this property boasts 9 units on a generous 1.47-acre lot. With a current monthly rent of $11,670 (leased through summer 2025) and potential for increases, it's a reliable income stream. Recent updates include a new roof installed in 2018, ensuring peace of mind for years to come. Includes off street parking. Get in on the dynamic development currently underway in the area. Whether you choose to maintain the steady rentals or redevelop (currently zoned R4 = potential for approx 5 more units) for higher returns, the possibilities are endless. Don't miss out on this prime location and its promising future!
Features
- Age: Over 50 Years Old
- Appliance: Dishwasher
- Appliance: Refrigerator
- Appliance: Washer/Dryer Combo
- Appliance: Dryer
- Appliance: Range
- Appliance: Washer
- Architecture Style: Other
- Cooling System: Window Unit(s)
- Cooling System: Multi Units
- Cooling System: Varies by Unit
- Cooling System: Central Air
- Cooling System: Wall/Window Unit(s)
- Exterior Type: Brick
- Floor Covering: Vinyl
- Floor Covering: Laminate
- Floor Covering: Tile
- Floor Covering: Tile - Ceramic
- Floors: 1
- Heating System: Baseboard
- Heating System: Central
- Heating System: Varies by Unit (Heating)
- Legal Description: S/S Howell St
- MLSID: 10098426
- Roof Type: Aluminum
MAP & DIRECTIONS
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