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408 Cotton Street Chapel Hill, NC $ 875,000
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$ 875,000 Get more info
408 Cotton Street
$ 875,000
Back to search
Share Save

408 Cotton Street

Chapel Hill, NC, 27516
$ 875,000
Bedrooms8 Baths4.0 Sq 1,988

Monthly Estimate*

$ 6,112

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Multi-Family Home for sale in Chapel Hill, NC

for $875,000 with 8 bedrooms and 4 full baths. This 1,988 square foot home was built in 1932 on a lot size of 0.19.

Rarely-on-the-market, downtown-Chapel Hill rental property! Excellent lease & income history. Popular, student favorite; lease renews quickly and in advance. GREAT proximity to Campus & Franklin St. Eight bedrooms, with closets and work space, four full baths, good-sized living/dining room, nice, attractive kitchen and HUGE backyard & parking lot! Classic, original Northside bungalow, completely remodeled and expanded in 2010. Additional upgrades made in 2015 & 2016. Covered front porch, side yard & patio for additional charm. Tile floors, natural light, well kept property. Strong, solid investment. Potential for increased rents and returns, if desired. Contact agent for details.

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Multi-Family Pending

Price

$ 875,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 5,698

Style

Single Family Residence

Lot Size

0.19

Year Built

1932

Town/City

Chapel Hill

County/Region

Orange

MLS | Web ID

10014497
Features
General
Year Built 1932
Stories 1
Property SubType Single Family Residence
County Orange
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Attached Garage N
Subdivision Name Not in a Subdivision
Garage Y/N N
Status Pending
City Chapel Hill
Buyer Agent Compensation 2.50
View Y/N N
Senior Community Y/N N
Open Parking Spaces 4
Total Units 1
Lot Size Square Feet 8276.4
Waterfront Y/N N
Carport Y/N N
Street Name Cotton
Property Attached Y/N N
Tax Annual Amount 5698.82
Ok to Lease 12 Months
Lease Considered Y/N N
Days on Market 3
Building Area Units Square Feet
Standard Status Pending
Buyer Agent Compensation Type %
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Exterior
Lot Size Area 8276.4
Spa N
Building Area Total 1988
Lot Size Acres 0.19
Lot Size Units Square Feet
Open Parking Y/N Y
Horse Y/N N
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Interior
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Above Grade Finished Area 1988
Full Baths 4
Half Baths 0
Street Suffix Street
Total Bedrooms 8
Below Grade Finished Area 0
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Total Baths 4
Living Area Units Square Feet
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* Excluded Features
List By
Jan Butta

Listing Agent

Coldwell Banker - Hpw

Broker

Affordability Calculator

$6,587
Per Month
93%
7%
0%
Monthly Principal & Interest
$6,112
Monthly Property Taxes
$475
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
343702 Elementary School
343439 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/1/2024$875,000 Listed Price

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408 Cotton Street, Chapel Hill, NC, 27516 is a Multi-Family Home for sale at $875,000 with 1,988 sqft and a lot size of 0.19. 408 Cotton Street has 8 bedrooms, 4.0 baths, and was built in 1932. The property's zip code is 27516 which is in Chapel Hill, NC

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