Bought with Banks Residential
$140,000
$150,000
6.7%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
1 Bath
655 SqFt
SOLD DATE : 12/15/2023
Key Details
Sold Price $140,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 655 sqft
Price per Sqft $213
Subdivision Camelot Village
MLS Listing ID 2517762
Sold Date 12/15/23
Style Site Built
Bedrooms 1
Full Baths 1
HOA Fees $315/mo
HOA Y/N Yes
Abv Grd Liv Area 655
Originating Board Triangle MLS
Year Built 1967
Annual Tax Amount $977
Property Description
Attention investors. If you’re looking to get into the thriving mid-term rental space, here is a fantastic turn key opportunity. Proven rents of $2,000+ monthly. More than satisfies the 1% rule. Similar properties in Camelot Village have sold for $20k more in recent weeks, instant equity! Walking distance to UNC, 2 blocks to Franklin St, Bordering the Chapel Hill Community Park, and directly across the street from the Multimillion dollar University Place redevelopment. Complex is under new HOA management and values are rising quickly. You won’t find a property in better condition at a lower price in all of Chapel Hill. This property is also perfect for students, and first time buyers. Furnishings are included. HOA Dues cover Water, Sewer and Trash. Complex features open green spaces, mature trees, a private pool and a serene pond.
Location
State NC
County Orange
Community Pool
Direction From Fordham Blvd, turn West on S Estes Drive. Turn left on Camelot Drive. Take First right. Park in front of Building B or in the parking lot between Building C and D. Condo is in the \"rear\" of building C.
Interior
Interior Features Bathtub/Shower Combination, Eat-in Kitchen, Entrance Foyer, Granite Counters, High Ceilings, Master Downstairs, Smooth Ceilings
Heating Electric, Forced Air
Cooling Electric, Wall Unit(s)
Flooring Vinyl
Fireplace No
Appliance Dishwasher, Electric Cooktop, Electric Water Heater, Microwave, Plumbed For Ice Maker, Refrigerator, Washer/Dryer Stacked
Laundry Laundry Closet, Main Level
Exterior
Community Features Pool
View Y/N Yes
Parking Type Parking Lot
Garage No
Private Pool No
Building
Lot Description Landscaped
Faces From Fordham Blvd, turn West on S Estes Drive. Turn left on Camelot Drive. Take First right. Park in front of Building B or in the parking lot between Building C and D. Condo is in the \"rear\" of building C.
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Transitional
Structure Type Brick
New Construction No
Schools
Elementary Schools Ch/Carrboro - Rashkis
Middle Schools Ch/Carrboro - Guy Phillips
High Schools Ch/Carrboro - East Chapel Hill
Others
HOA Fee Include Insurance,Maintenance Grounds,Maintenance Structure,Sewer,Trash,Water
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