8718 Rollingwood Road

Chapel Hill, NC 27516
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25 images $420,000 View home

Rollingwood

8718 Rollingwood Road, Chapel Hill NC 27516

4 bd / 2 ba / 1,965 sqft

Status: Active, MLS #10187585 Courtesy of Compass -- Chapel Hill - Durham.
Active ID# 10187585

8718 Rollingwood Road

Chapel Hill, NC 27516
Active ID# 10187585

Investment opportunity just minutes from Chapel Hill! Located at 8178 Rolling Wood Road, this income-producing property offers two separate living spaces with established rental income totaling $2,650 per month. The upper unit features 3 bedrooms and 1 full bath and is currently rented for $1,450/month on a month-to-month lease with a 60-day termination notice. The lower-level unit offers 1 bedroom and 1 full bath and is currently rented for $1,200/month, with a lease in place through August 2027. Several important improvements have already been completed, including a new roof and heat pump in 2025, along with a 2020 water heater and additional updates since the current owner's purchase. Enjoy a peaceful setting without sacrificing proximity to some of the Chapel Hill area's favorite destinations. The property is less than 3 miles from Maple View Farm, approximately 4 miles from Honeysuckle Tea House, and less than 6 miles from Downtown Chapel Hill. Whether you're looking to expand your rental portfolio, generate income while planning future improvements, or secure an investment property close to Chapel Hill, 8178 Rolling Wood Road offers flexibility, established tenants, and immediate income from day one.

$420,000 4 bedrooms 2 full bathrooms 0.69 acres 1,965 square feet $214 per square foot
  • Common Walls No Common Walls
  • Construction Materials Brick, Vinyl Siding
  • Fencing Back Yard
  • Lot Size Acres 0.69
  • Parking Features Gravel
  • Patio And Porch Features Deck
  • Structure Type Duplex
  • Above Grade Finished Area 975
  • Appliances Dishwasher, Dryer, Electric Cooktop, Electric Oven, Free-Standing Electric Oven, Washer, Water Heater
  • Basement Apartment
  • Below Grade Finished Area 990
  • Cooling Heat Pump
  • Cooling Y/N Yes
  • Flooring Carpet, Vinyl
  • Heating Heat Pump
  • Heating Y/N Yes
  • Rooms Total 5
  • Tax Annual Amount 4020.45
  • Water Source Well
  • Year Built 1971

Additional Property Information

  • TypeDuplex
  • Built1971
  • NeighborhoodRollingwood
  • CountyOrange
  • AreaChapel Hill
  • Elementary SchoolChapel Hill Carrboro - Morris Grove Elementary School
  • Middle SchoolChapel Hill Carrboro - Charles and Lucile McDougle Middle School
  • High SchoolChapel Hill Carrboro - Chapel Hill High School
More Info on School Ratings

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