New Listing
400 W Rosemary Street 113,Chapel Hill, NC 27516
Chapel Hill, NC 27516
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.
Details
| MLS # | 10191205 |
|---|---|
| Listing Type | For Lease |
| Style | Condominium |
| HOA Dues | $330 |
| Status | Active |
| Year | 2005 |
| Days On Site | 4 |
| Listing Provided By | Mill House Properties | Ying Zhu |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,207 |
| Story(s) | 3 |
Interior
| Interior Features | Ceiling Fan(s), Crown Molding, Recessed Lighting, Stone Counters |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Cooling | Ceiling Fan(s), Central Air |
| Fireplace Features | Gas Log, Living Room |
| Fireplaces Total | 1 |
| Fireplace Yes / No | Yes |
| Laundry Features | In Unit |
| Rooms Total | 2 |
Exterior
| Exterior Features | Balcony, Barbecue, Outdoor Grill |
|---|---|
| Roof | Flat |
| Foundation Details | Permanent |
| Construction Materials | Brick Veneer |
| Security Features | Fire Sprinkler System |
| Patio And Porch Features | Deck, Terrace |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | Off Street |
Utilities
| Sewer | Public Sewer |
|---|
Taxes
| Tax Assessed Value | 446300 |
|---|---|
| Tax Legal Description | 13 Rosemary Village Condo P99/80-88 |
| Tax Year | 2025 |
Area Information
| State | NC |
|---|---|
| County | Orange |
| City | Chapel Hill |
| Zip Code | 27516 |
| Area | Orange |
| Community Name | Rosemary Village |
| School District | Chapel Hill Carrboro - Chapel Hi |
| Elementary School | Chapel Hill Carrboro - Northside |
| High School | Chapel Hill Carrboro - Chapel Hi |
| Listing VS Median (in Rosemary Village) | |
Price: $499,000 low | high Med: $549,000 sqft: 1,207 low | high Med: 1,312 $ / sqft: $413 low | high Med: $418 On site: 4 low | high Med: 161 | |
Market Activity 27516
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Learn More About This Property
| State | NC |
|---|---|
| County | Orange |
| City | Chapel Hill |
| Zip Code | 27516 |
| Area | Orange |
| Community Name | Rosemary Village |
| School District | Chapel Hill Carrboro - Chapel Hi |
| Elementary School | Chapel Hill Carrboro - Northside |
| High School | Chapel Hill Carrboro - Chapel Hi |
| Listing VS Median (in Rosemary Village) | |
Price: $499,000 low | high Med: $549,000 sqft: 1,207 low | high Med: 1,312 $ / sqft: $413 low | high Med: $418 On site: 4 low | high Med: 161 | |
