-
Appealing complex with 2
Duplexes, one with basement
apartment, for a total of 5
units
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Home-like setting with large
shade trees
-
Low-maintenance structures with
cosmetic updates
-
All appliances convey for each
unit including washers & dryers
-
Good rental history including
long-term tenants,
professionals, some UNC
students, various expiration
dates for leases through June
2008
-
Gross monthly rent currently
$3,095
-
Seller may consider financing
for qualified buyer, so you
could save on bank fees
Each
Unit Has:
-
Eat-in Kitchen with electric
range, range hood, dishwasher*
and refrigerator*
-
Two Bedrooms; Master Bedrooms
with double and single closets
-
Full
Bath with one-piece tub/shower unit and linen closet
-
Laundry closet with full-size
washer and dryer included
-
Patio
-
Concrete front walk and plenty
of space for parking
*No dishwasher or
dryer in unit 1616-B (per request of
tenant, who has been there over 20
years); stack unit washer/dryer in
1616-C (basement unit)
|
| DETAILS: |
|
Total Area: |
3,232± sq.
ft. |
|
Per Unit: |
808± sq.
ft. approx. |
|
Year Built: |
1972 |
|
Lot Size: |
1.03± acres |
|
Heating/Cooling: |
Heat Pump/Heat Pump |
|
Schools: |
FP Graham
Elementary, Grey Culbreth
Middle
Chapel Hill High 2006-2007
Carrboro High School
2007-2008 |
| Water/Sewer: |
City Water/City Sewer |
|
Possession: |
at closing
subject to existing leases |
| HOA Dues: |
none |
|
|
Room
Sizes for 1614-A&B and
1616-A&B:
(sizes
are approximate) |
|
Living Room
: |
15 x 12'
M |
|
Kitchen: |
12 x 12'
M |
|
Bedroom 1: |
12 x 10'
M |
|
Bedroom 2: |
12 x 12'
M |
|
Room
Sizes for 1616-C:
(basement
apartment) |
|
Living Room
: |
15 x 12'
L |
|
Kitchen: |
12 x 11'
L |
|
Bedroom 1: |
12 x 10'
L |
|
Bedroom 2: |
12 x 12'
L |
|
|
UPDATES* |
1614-A |
1614-B |
1616-A |
1616-B |
1616-C |
|
Roof |
2001 |
2001 |
2003 |
2003 |
2003 |
|
Heat Pump |
|
|
|
|
2004 |
|
Dishwasher |
2004 |
2004 |
2002 |
|
2004 |
|
Hot Water Heater |
|
|
|
|
2004 |
|
Carpet |
|
|
2004 |
|
2004 |
| |
1614-A |
1614-B |
1616-A |
1616-B |
1616-C |
|
RENTAL FEE* |
$635/mo. |
$595/mo. |
$635/mo. |
$625/mo. |
$605/mo. |
|
LEASE EXPIRATIONS* |
9/30/08 |
4/30/08 |
month-to-month |
8/31/08 |
9/30/08 |
*Information Provided by seller.
Some tenants have been there several years and
plan to remain. One has been
there over 20 years.
NOTE: Property is “non-conforming”
(to current zoning regulations) and
therefore cannot be subdivided.

Room
measurements taken from plans; floor plan is
approximate and not to scale. Keller
Williams Realty, The Shuping Advantage,
Inc. & Connie Shuping believe all material
to be correct, but assume no liability for
its accuracy. Prices subject to change.
DIRECTIONS:
From Highway 54 Bypass, exit Smith Level
Road away from town. Go 2.5 miles, turn
Right at driveway beside older brick house.
Stay straight back to units.
Click here
for a printer friendly brochure
of this property.
For a private viewing or for more
information on this property, call:
1-888-330-6002
or
e-mail us

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