709 North Columbia Street

Chapel Hill, NC 27516

$550,000
Last Sold Price
3
Beds
2
Baths
1,375 Sq. Ft.
$400 / Sq. Ft.
1,375
Sq. Ft.
$400
per Sq. Ft.

Description

Do you want to live close to the UNC campus or own an investment property in a prime location? This captivating home, PLUS back studio/ADU, makes this renovated 1950s ranch the ultimate blend of charm and investment gold! The front house features 3 bedrooms, 1 bath with W/D, a sleek kitchen, and a huge living room with a wood-burning stove. It rented for $2,400/month, with a $100 discount to offset back studio utilities. The back studio, a perfect retreat with its own kitchenette, bath, and laundry,...Do you want to live close to the UNC campus or own an investment property in a prime location? This captivating home, PLUS back studio/ADU, makes this renovated 1950s ranch the ultimate blend of charm and investment gold! The front house features 3 bedrooms, 1 bath with W/D, a sleek kitchen, and a huge living room with a wood-burning stove. It rented for $2,400/month, with a $100 discount to offset back studio utilities. The back studio, a perfect retreat with its own kitchenette, bath, and laundry, rented for $700/month with utilities included. With a total rental income of $3,000/month that hasn't increased in years. No matter what time of year, this seller has never had more than 2 months vacancy since purchasing in 2005. This property is a cash flow machine!

Recent upgrades elevate this home to modern standards: a sleek metal roof, new hot water heater, dishwasher, washer, and dryer, updated plumbing, a dual HVAC system, and a gas stove. The 3 skylights flood the space with natural light in the kitchen, bathroom, and the living room. The updated kitchen boasts a contemporary IKEA design and a butcher block island. Enjoy the cozy ambiance of the wood-burning stove in the living area and the refinished hardwood floors throughout the main house. The electrical system has been checked, and a vapor barrier has been installed for added efficiency. The back studio features its own split HVAC unit, ensuring year-round comfort.

The large front porch is perfect for sipping morning coffee or unwinding in the evening. The private fenced backyard offers a serene oasis, ideal for gardening, entertaining, or simply relaxing. Parking for 4 cars is available in the driveway.

This property is just a few blocks to UNC campus, Franklin St, and Downtown. It's also just one block from the free bus line. It's a location that offers the best of Chapel Hill living. Don't miss out on this rare opportunity to own a piece of prime real estate with incredible income potential. Whether you're seeking a stylish abode or a lucrative investment, this property ticks all the boxes. **Offers received, deadline Monday, 10/7 at noon.**

Listing Agent

Property Details for 709 North Columbia Street

View
Yes
Waterfront
No
Subdivision
Not in a Subdivision
LISTING UPDATED: 10/21/2024 01:56 AM

Property Details for 709 North Columbia Street

StatusClosed
MLS #10056618
Days on Market3
Taxes$5,646 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1957
Lot Size0.16 AC / 6,969 SF
CountyOrange County
Buyer's Agent Compensation2.5%

Building Information for 709 North Columbia Street

Stories1Year Built1957Building Size-Lot Size0.16 AC / 6,969 SF

Property Information for 709 North Columbia Street

Summary
Location and General Information
  • Directions: From Top of the Hill Restaurant & Brewery - Chapel Hill: Head northwest on S Columbia St toward W Franklin St. Turn left onto N Columbia St. Destination will be on the left, blue house with red door. 3 min car ride or 8 min bus ride.
  • Subdivision Name: Not in a Subdivision
  • Latitude: 35.920878
  • Longitude: -79.059338
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Neighborhood: Downtown
Taxes and HOA Information
  • Association: No
  • Tax Annual Amount: $5,645.98
  • City Limits Of: Chapel Hill
  • City Limits YN: Yes
  • Lot Number: n/s
  • Restrictive Covenants YN: No
Contract Information
  • Comp Sale YN: No
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: No
  • Years Owned: 1 or More Year(s)
School Information
  • Elementary School: CH/Carrboro - Northside
  • Middle Or Junior School: CH/Carrboro - Guy Phillips
  • High School: CH/Carrboro - East Chapel Hill
Parking
  • Open Parking: Yes
  • Parking Features: Gravel, Parking Pad
  • Attached Garage: No
  • Garage: No
Property
Lot Information
  • Building Area Total: 1375.0
  • Lot Features: Back Yard, City Lot, Garden, Hardwood Trees
  • Architectural Style: Bungalow
  • Other Area Above Grade: 100
  • Total Other Area Sq Ft: 100
  • Other Structures: Shed(s)
  • Parcel Number: 9789203021
  • Structure Type: Site Built
  • Above Grade Unfinished Area Source: Appraiser
  • Enhanced Accessible: No
  • Primary Residence YN: No
  • Sold PriceList Price: 1.05
Property and Assessments
  • New Construction: No
  • Photos Count: 43
  • Above Grade Finished Area Source: Appraiser
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Units: Square Feet
  • Senior Community: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Interior and Exterior Features
Exterior Features
  • Construction Materials: Fiber Cement, Masonite, Wood Siding
  • Exterior Features: Fenced Yard, Garden, Private Yard, Rain Gutters
  • Fencing: Back Yard, Perimeter, Wood
  • Foundation Details: Block, Combination, Slab
  • Pool Private: No
  • Roof: Metal
  • New Construction Type: Fiber Cement, Masonite, Wood Siding, Site Built
Interior Features
  • Levels: One
  • Stories: 1
  • Basement Description: Crawl Space
  • Fireplace Features: Living Room, Wood Burning Stove, See Remarks
  • Fireplace Y N: Yes
  • Fireplaces Total: 1
  • Flooring: Tile, Wood
  • Windows Treatment: Storm Window(s), Wood Frames
  • Cooling: Ceiling Fan(s), Central Air, Ductless, Multi Units
  • Cooling?: Yes
  • Heating: Forced Air
  • Heating?: Yes
  • Appliances: Dishwasher, Electric Range, Exhaust Fan, Free-Standing Electric Range, Free-Standing Gas Oven, Free-Standing Refrigerator, Freezer, Gas Range, Refrigerator, Vented Exhaust Fan, Washer/Dryer Stacked
  • Laundry Features: In Bathroom, Inside, Multiple Locations
  • Interior Features: Eat-in Kitchen, Kitchen Island
  • Spa Features: None
  • Spa: No
  • Equipment Appliances: Dishwasher, Electric Range, Exhaust Fan, Free-Standing Electric Range, Free-Standing Gas Oven, Free-Standing Refrigerator, Freezer, Gas Range, Refrigerator, Vented Exhaust Fan, Washer/Dryer Stacked
  • Interior: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Gravel, Parking Pad, Fiber Cement, Masonite, Wood Siding, In Bathroom, Inside, Multiple Locations
  • Equipment: Dishwasher, Electric Range, Exhaust Fan, Free-Standing Electric Range, Free-Standing Gas Oven, Free-Standing Refrigerator, Freezer, Gas Range, Refrigerator, Vented Exhaust Fan, Washer/Dryer Stacked, In Bathroom, Inside, Multiple Locations, Gravel, Parking Pad
Room Information
Room Information
  • Rooms Total: 6.0
Room 1
  • Room Description: Main House
  • Room Dimensions: 156 x 1,710
  • Room Width: 1710.0
  • Room Length: 156.0
  • Room Level: Main
  • Room Type: Living Room
Room 2
  • Room Description: Main House
  • Room Dimensions: 116 x 1,211
  • Room Width: 1211.0
  • Room Length: 116.0
  • Room Level: Main
  • Room Type: Kitchen
Room 3
  • Room Description: Main House
  • Room Dimensions: 1,110 x 126
  • Room Width: 126.0
  • Room Length: 1110.0
  • Room Level: Main
  • Room Type: Primary Bedroom
Room 4
  • Room Description: Main House
  • Room Dimensions: 116 x 118
  • Room Width: 118.0
  • Room Length: 116.0
  • Room Level: Main
  • Room Type: Bedroom 2
Room 5
  • Room Description: Main House
  • Room Dimensions: 116 x 102
  • Room Width: 102.0
  • Room Length: 116.0
  • Room Level: Main
  • Room Type: Bedroom 3
Room 6
  • Room Description: Main House
  • Room Dimensions: 1,110 x 72
  • Room Width: 72.0
  • Room Length: 1110.0
  • Room Level: Main
  • Room Type: Primary Bathroom
Room 7
  • Room Description: Studio/ADU main room
  • Room Dimensions: 132 x 132
  • Room Width: 132.0
  • Room Length: 132.0
  • Room Level: Main
  • Room Type: Other
Room 8
  • Room Description: Studio/ADU bathroom
  • Room Dimensions: 132 x 5
  • Room Width: 5.0
  • Room Length: 132.0
  • Room Level: Main
  • Room Type: Bathroom 2
Agent
Sale and Listing
  • Property Class Name: CrossProperty

Property History for 709 North Columbia Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 709 North Columbia Street

Taxable ValueLand$225,000Additions$104,000Total$329,000
Tax Record2023$5,493 ($458 / month)
Home Facts
Beds2Baths1Total Finished SqFt1,092 SqFtAbove Grade Finished SqFt1,092 SqFtStories1Lot Size6,970 SqFtStyleSingle Family ResidenceYear Built1957Year Renovated1980ZoningR-4CountyORANGEAPN9789-20-3021

Schools near 709 North Columbia Street

This home is within Chapel Hill-Carrboro City School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 8 to 12
Rating
School
Distance
Northside Elementary School
PublicPK to 5

Guy Phillips Middle School
Public6 to 8

East Chapel Hill High School
Public9 to 12

Phoenix Academy High School
Public8 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listings marked with an icon are provided in part courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Listings are also provided in part by the IDX program of Longleaf Pine REALTORS and Alamance MLS. Copyright 2024 Triangle MLS, Inc. of North Carolina. Copyright 2024 Longleaf Pine REALTORS. Copyright 2024 Alamance MLS. All rights reserved. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s). Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA competitive or home valuation of any property.