708 Martin Luther King Jr E-17
Chapel Hill, North Carolina NC 27514
Sold For: $282,000
Listing ID: 2514081
Status: Closed
Sold Date: 9/20/2023
Bedrooms: 2 Bed
Total Baths: 2 Bath
Full Baths: 2 Bath
SqFt: 841 Sq Ft
Subdivision: Mill Creek
Year Built: 1987

TURNKEY INVESTMENT! Nestled in the heart of Chapel Hill, this 2BR/2BA unit at Mill Creek Condominiums is very popular with students, has a solid rental history, and backs to a private wooded buffer. Only a half-mile from Franklin Street and UNC campus with access to multiple bus lines and onsite parking, pool & sport courts. Unit is currently leased through 7/31/2024 at $1350/month, and already has someone interested for 2024-2025 school year at a higher rate! Several updates completed recently, including tiled main flooring, kitchen & bathroom cabinetry/counters, appliances, programmable thermostat & replacement windows. Most importantly, all polybutylene plumbing lines have been replaced! Tenants have requested 24-hour notice for showings please.

Primary Features

County: Orange
Price Before Reduction: 285000
Price Reduction Date: 2023-08-30T17:25:13+00:00
Property Sub Type: Condominium
Property Type: Residential
Subdivision: Mill Creek
Year Built: 1987

Interior

Above Grade Finished Area: 841
Above Grade Finished Area Units: Square Feet
Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Range Hood, Refrigerator, Washer
Bathrooms Total Decimal: 2
Below Grade Finished Area Units: Square Feet
Building Area Units: Square Feet
Cooling: yes
Cooling Type: Central Air, Electric
Fireplace: no
Flooring: Carpet, Tile
Heating: yes
Heating Type: Electric, Heat Pump
Interior Features: Bathtub Only, Bathtub/Shower Combination, Entrance Foyer, Granite Counters, Living/Dining Room Combination, Shower Only
Laundry Features: Laundry Closet, Main Level
Levels: Two
Living Area Units: Square Feet
Rooms Total: 5

External

Architectural Style: Transitional
Attached Garage: no
Carport: no
Construction Materials: Brick, Wood Siding
Exterior Features: Rain Gutters, Tennis Court(s)
Foundation Details: Slab
Garage: no
Lot Size Units: Square Feet
New Construction: no
Parking Features: Parking Lot
Pool Private: no
Sewer: Public Sewer
Structure Type: Site Built
Utilities: Cable Available
Water Source: Public
Window Features: Blinds, Insulated Windows

Location

Community Features: Pool, Street Lights
County: US
Directions: From Franklin St, head North on MLK Jr Blvd for half mile, turn right into Mill Creek Condominiums. From I-40: Take Hwy 86/MLK exit towards Chapel Hill, turn left into Mill Creek Condominiums. Take immediate left, then right towards E Building.
Elementary School: CH/Carrboro - Northside
High School: CH/Carrboro - East Chapel Hill
Middle Or Junior School: CH/Carrboro - Guy Phillips

Additional

Association: yes
Green Energy Efficient: Thermostat
Feed Types: IDX
Status: Closed

Financial

Association Fee: 785
Association Fee Frequency: Quarterly
Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Trash
Special Listing Conditions: Seller Licensed Real Estate Professional
Tax Annual Amount: 2347

Zoning Info


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Listing courtesy of Keller Williams Realty United
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Listing courtesy of Keller Williams Realty United

Contact - Listing ID 2514081

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Melissa White Team

1020 US Highway 70A E
Hillsborough, NC 27278
Phone: 919-245-0123
Phone Alt: 919-304-2323

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