NC
Orange
Chapel Hill
27514
5 Howell Street
5 Howell Street, Chapel Hill, NC 27514
Share Listing
Listing Type
Commercial/Industrial
Listing Status
active
66
$1,645,000

Home Details for 5 Howell Street

Price
$1,645,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
7371
Year built
1962
Lot size acres
1.47
County
Orange
Garage
Basement
Apartment
Days on site
170
MLS Listing#
10098426
Property Description

Rare investor find! Explore an exceptional investment opportunity at 5 Howell Street, Chapel Hill! Situated conveniently close to UNC-Chapel Hill campus and hospital, this property boasts 9 units on a generous 1.47-acre lot. With a current monthly rent of $11,670 (leased through summer 2025) and potential for increases, it's a reliable income stream. Recent updates include a new roof installed in 2018, ensuring peace of mind for years to come. Includes off street parking. Get in on the dynamic development currently underway in the area. Whether you choose to maintain the steady rentals or redevelop (currently zoned R4 = potential for approx 5 more units) for higher returns, the possibilities are endless. Don't miss out on this prime location and its promising future!

Property Features
  • Cooling Information
    • Ceiling Fan(s)
    • Central Air
    • Varies by Unit
    • Wall/Window Unit(s)
  • Utilities
    • Cable Connected
    • Electricity Connected
    • Sewer Connected
    • Water Connected
  • Heating Information
    • Baseboard
    • Central
    • Varies by Unit
  • Water Features
    • Public
  • Basement
    • Apartment
Listing Courtesy: Compass -- Chapel Hill - Durham - 919-999-8482
Triangle MLS logo Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Information Not Guaranteed. Copyright 2025 Triangle MLS, Inc. of North Carolina. All rights reserved.
Last Updated: 2025-10-06 08:17:12
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Triangle MLS.
EXIT REALTY TRIANGLE
8601 Six Forks Road, Suite 400, Raleigh, NC 27615
Mikaela Rojas
License #: 315723
Franchisee
Office
919 706 7778
Agent
919 999 2568
Request more details
Code: