About This Home

This 2-bedroom, 2-bathroom condo at 400 W Rosemary Street #113 in Chapel Hill, NC is listed for $499,000 ($413 per sqft). Built in 2005, the home offers 1,207 sqft of living space on a N/A lot.

Key Features

  • Built in 2005
  • 3 stories
  • 1 parking spaces
  • Fireplace

Property Details

3 stories
2 full
1 space
#113
2005

Amenities

FireplaceA/C
Listing Description

Prime Rosemary Street Location | UNC Investment Opportunity Well-maintained 2-bedroom, 2-bathroom, four-story townhome-style condo in downtown Chapel Hill, just off Rosemary Street and within walking distance of UNC-Chapel Hill, UNC Hospitals, Franklin Street, restaurants, shops, and public transportation.

The property offers a townhome-style layout with no neighbors above or below, hardwood floors, a gas fireplace, dining area, and a well-appointed kitchen with granite countertops and stainless steel appliances. Additional features include a private rooftop terrace and assigned covered parking, valuable amenities in downtown Chapel Hill.

The location and two-bedroom floor plan make this an attractive option for the UNC student, faculty, medical, and professional rental market, subject to HOA and leasing restrictions. Currently leased through the end of July 2027, offering immediate rental income for the next owner.

For parents of incoming UNC students, this creates a unique opportunity to collect rental income while their child is still in their freshman year, rather than purchasing a property that could sit vacant until their student is ready to move in. A well-positioned downtown Chapel Hill property offering immediate income, long-term ownership potential, and an exceptional location near UNC.

Monthly Cost Estimate

$2,999/mo

20% down · 6.5% · 30 years

Principal$361
Interest$2,162
Insurance$146
HOA$330

Estimates only. Actual payments may vary.

Location

400 W Rosemary Street #113

Chapel Hill, NC 27516

Rosemary Village

Features & Amenities

Interior Features

Ceiling Fan(s)Crown MoldingRecessed LightingStone Counters

Exterior Features

BalconyBarbecueOutdoor Grill

Property Details

Flooring

WoodCarpetTile

Construction

Brick Veneer

Outdoor Features

Deck

Parking

Off Street

Heating

CentralFireplace(s)

Cooling

Central AirCeiling Fan(s)

Appliances

DishwasherDryerElectric CooktopElectric RangeExhaust FanFree-Standing RefrigeratorMicrowaveOvenRangeRefrigeratorStainless Steel Appliance(s)Washer

Questions & Answers

This 2-bedroom, 2-bathroom condo at 400 W Rosemary Street is listed at $499,000 ($413/sqft). The estimated monthly payment is $2,999 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $330/month.

Key features include: Built in 2005, 3 stories, 1 parking spaces, Fireplace. Interior Features: Ceiling Fan(s), Crown Molding, Recessed Lighting. Exterior Features: Balcony, Barbecue, Outdoor Grill.

This property is listed by Ying Zhu.

YZ

Ying Zhu

Agent at Mill House Properties

Listed by Mill House Properties · Broker phone: (919) 968-7226 · View on Broker Site · Broker website

MLS# 10191205· Source: Doorify MLS· 56 days on PropertySimple

Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

400 W Rosemary Street #113, Chapel Hill, NC 27516

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