700 Martin Luther King Jr Blvd Unit A9, Chapel Hill, NC 27514

$289,250
2
BD
2
BA
1,001
SqFt

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Seller Representative Keller Williams Preferred Realty

Buyer Representative

Sold Price
$289,250
List Price
$285,000
Closing Date
Nov 30, 2023
Status
CLOSED
MLS#
2539944
Bedrooms
2
Bathrooms
2
Full-baths
2
Living Area
1,001
Subdivision
Mill Creek
Year Built
1985

Property Description

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 agent.

Additional Information

Hoa Fee Includes
Maintenance Grounds, Maintenance Structure, Trash, Road Maintenance
Style
Contemporary
Interior Features
Dining Room, Bathtub Only
Exterior Features
Balcony, Tennis Court(s)
Water
Public
Flooring
Carpet, Vinyl
Heating
Electric, Forced Air, Heat Pump
Unit
A9

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Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .