$1,950,000
( $264.55Per Sq Foot )
 $11,072 est/mo Sourced by Back At You

5 Howell Street,Chapel Hill, NC 27514

Chapel Hill, NC 27514

Share:

PreviousNext

Description

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!

Details

MLS #10098426
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1962
Days On Site31
Listing Provided ByCompass -- Chapel Hill - Durham | Ken Cannon

Features

SQ Feet7,371
BasementY
Story(s)1
Acreage1.47

Market Activity 27514

Request a showing

Request a showing

Loading Form

Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Copyright 2024 Doorify MLS of North Carolina. All rights reserved.

Contact

Learn More About This Property

StateNC
CountyOrange
CityChapel Hill
Zip Code27514
AreaOrange
Listing VS Median (in 27514)
Price:
$1,950,000
low | high
Med:
$496,995
100% of Average
SqFt:
7,371
low | high
Med:
1,582
100% of Average
$ / SqFt:
$265
low | high
Med:
$317
30.278209574181% of Average
On site:
31
low | high
Med:
107.500000
28.837209302326% of Average
Sourced by Back At You
Listing Updated: May 28, 2025 at 4:41:35 AM PDT