700 Martin Luther King Jr Blvd APT A9, Chapel Hill, NC 27514

INVESTORS ALERT! Turn-key investment property in prime location - 15 mins to downtown Chapel Hill and UNC, this property is a part of a popular & safe student neighborhood. Bus stop just downstair. It continuously rented for the last 7 years. Lease in place until July, 2025. Current rent is $1500, and will increase to $1560 from Aug, 2024. Great tenant & well maintained unit with no missed rent. Tenant pays utilities. HVAC 2017. Washer/Dryer combo 2021. Great townhouse-style layout with living/dining space and kitchen on main floor; bedrooms and baths, on 2nd floor. One bathroom in the hallway and one in the master bedroom. Building A has ~150 sq ft bigger living area than the other buildings of the similar floor plan. This particular building has copper & plastic water pipes, no polybutylene pipes issues. Pool & tennis court. Parking by permit through HOA. Please see disclosure for an association lawsuit. Unit is tenant occupied. Please do not disturb the tenant. Seller is the listing agent.