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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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400 W Rosemary St Unit 113 , Chapel Hill, NC 27516
$499,000
Est. Payment: $1,108.89/mo
2 Bed
2 Bath
1207 Sqft
Status: Active | Days on site: 9
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2403 - 99537
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House Description

Prime Rosemary Street Location | UNC Investment Opportunity Well-maintained 2-bedroom, 2-bathroom, four-story townhome-style condo in downtown Chapel Hill, just off Rosemary Street and within walking distance of UNC-Chapel Hill, UNC Hospitals, Franklin Street, restaurants, shops, and public transportation. The property offers a townhome-style layout with no neighbors above or below, hardwood floors, a gas fireplace, dining area, and a well-appointed kitchen with granite countertops and stainless steel appliances. Additional features include a private rooftop terrace and assigned covered parking, valuable amenities in downtown Chapel Hill. The location and two-bedroom floor plan make this an attractive option for the UNC student, faculty, medical, and professional rental market, subject to HOA and leasing restrictions. Currently leased through the end of July 2027, offering immediate rental income for the next owner. For parents of incoming UNC students, this creates a unique opportunity to collect rental income while their child is still in their freshman year, rather than purchasing a property that could sit vacant until their student is ready to move in. A well-positioned downtown Chapel Hill property offering immediate income, long-term ownership potential, and an exceptional location near UNC.

Highlights

Listed by Ying Zhu , 917-880-7587 Mill House Properties , 919-968-7226.

Property Type

Condo/Townhome

HOA Fee

330 Monthly

Year Built

2005

County

Orange

Neighborhood

Rosemary Village

Listing ID

10191205

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Dishwasher, Dryer, Electric Cooktop, Electric Range, Exhaust Fan, Free-Standing Refrigerator, Microwave, Oven, Range, Refrigerator, Stainless Steel Appliance(s), Washer
Air Cond:Ceiling Fan(s),Central Air
Fireplaces:Gas Log,Living Room
Floor:Carpet,Tile,Wood
Above Ground Sq Ft:1207
Below Ground Sq Ft:0
Other:
  • Additional:Ceiling Fan(s), Crown Molding, Recessed Lighting, Stone Counters
Water:Public

Exterior Features

Roof:Flat
Others:
  • Additional:Balcony, Barbecue, Outdoor Grill, Deck, Terrace
Sewer:Public Sewer
Parking Features:Off Street
Principal Interest
$1,109
Taxes
$499
HOA
$330

Home Price

$499,000

Loan Details

30 yrs
%

Down Payment

20%
$99,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,108.89

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $1,108.89 $498.82 $330.00 $1,937.70
Yearly $13,306.67 $5,985.78 $3,960.00 $23,252.45
Total $399,200.00 $179,573.40 $118,800.00 $697,573.40

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Chapel Hill, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.