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501 North Street, 
Chapel Hill, NC 27514

$1,650,000


8

Beds


4

Baths


3,649

Sq Ft


Single Family

Active

Listed by

David Wilson

Carolina'S Choice Real Estate

919-788-9525

Last updated:

June 6, 2025, 03:04 PM

MLS#

10084834

Source:

NC BAAR

About This Home

501 North Street

Rarely on market! Supreme location - just 2 blocks from Franklin Street and UNC campus. Situated on a lovely 1/2 acre lot on North Street, surrounded by beautiful mature trees, this Colonial Revival style home is named as acontributing structure to the Franklin-Rosemary Historic District's inclusion onthe prestigious National Register of Historic Places. This gorgeously renovated home has 5 bedrooms and 2 baths. The accessory apartment has 3 bedrooms and 2 baths for a total of 3700 square feet. The main house is spacious, with light filled rooms, large windows, high ceilings and gorgeous original hardwood floors. There is an abundance of traditional architectural details throughout. It features 2 patios, a deck and a balcony. The accessory apartment was added in 2013, has its own private entrance and features similar fixtures and finishes as the main house. Both have been meticulously maintained with new HVAC systems, newly insulated attic and anewly sealed crawlspace. They both have stainless steel appliances and energy efficient washers and dryers. 501 North Street has been an outstanding rental property for years. Marketrates for bedrooms in this neighborhood exceed $1000/month per bed, and continue to be in incredibly high demand. For more information on its rental performance, please refer to the Offering Memorandum. Amazing opportunity that doesn't come around often. Keep it as a gold plate investment property or make it your home in the most desirable neighborhood in Chapel Hill.

Home Facts

Single Family

4 Baths

8 Bedrooms

Built in 1937

Price Summary

1,650,000

$452 per Sq. Ft.

MLS #:

10084834

Last Updated:

June 6, 2025, 03:04 PM

Added:

2 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

8

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4

Interior

Living Area:

3,649 Sq. Ft.


Structure

Structure

Architectural Style:

Colonial, Traditional

Building Area:

3,649 Sq. Ft.

Year Built:

1937


Finances & Disclosures

Finances

Price:

$1,650,000

Price per Sq. Ft:

$452 per Sq. Ft.

Source:NC BAAR
The information being provided by Burlington Alamance County Association of REALTORS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Burlington Alamance County Association of REALTORS All rights reserved.

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