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110 Grant St
Chapel Hill, NC 27516

$650,000 USD

Specialty For Sale  •  1,500 SF

Property Details

  • Property Type Specialty
  • Total Building Size 1,500 SF
  • Lot Size 0.14 AC
  • Building Class C
  • Year Built 2018
  • Cap Rate 4.85 %
54 Transit Score
66 Walk Score

Highlights

Very close to Franklin street (2 min drive) and UNC campus (5 min drive)
4 bedroom and 4 bathroom -- very rare
High student demand; comps for the area are 3200-3500 per month. Very low opex and 3 year young property

Financial Summary (Proforma)

Net Operating Income: $31,500 USD (2021)
Cap Rate: 4.85 %
Total Expenses: $6,900 USD

Public Transportation

AirportDriveWalkDistance
Raleigh-Durham International 30 min - 18.3 mi
Shubham Chandna 617-417-5891 Shubham Chandna
Shubham Chandna 617-417-5891 Shubham Chandna