306 McCauley Street

Chapel Hill, NC 27516

$1,075,000
Last Sold Price
—
Beds
3,625 Sq. Ft.
$297 / Sq. Ft.
3,625
Sq. Ft.
$297
per Sq. Ft.

Description

UNIQUE and SPECIAL property on McCauley Street has a total of 5 rental units- 4 are in the main house and then there's a SEPARATE COTTAGE! This offers so many flexible options for the next owner! Live in the cottage while keeping the house as rental units. Convert the house back to single family and use the cottage for rental, in-laws, or the nanny! What a way to build wealth and be SO close to UNC and downtown Chapel Hill!UNIQUE and SPECIAL property on McCauley Street has a total of 5 rental units- 4 are in the main house and then there's a SEPARATE COTTAGE! This offers so many flexible options for the next owner! Live in the cottage while keeping the house as rental units. Convert the house back to single family and use the cottage for rental, in-laws, or the nanny! What a way to build wealth and be SO close to UNC and downtown Chapel Hill!
  1. Listed by Debbie McCormick • Berkshire Hathaway HomeService
  2. Listed by Mark McCormick • Berkshire Hathaway HomeService

Property Details for 306 McCauley Street

Subdivision
Not in a Subdivision

Location

Listing Courtesy of Berkshire Hathaway HomeService

Sold By Calculus Commercial

Add your commute
LISTING UPDATED: 09/07/2022 01:36 PM

Property Details for 306 McCauley Street

StatusClosed
MLS #2458978
Days on Market9
Taxes$13,440 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Other
Year Built1937
Lot Size0.27 AC / 11,761 SF
CountyOrange County

Location

Listing Courtesy of Berkshire Hathaway HomeService

Sold By Calculus Commercial

Add your commute

Building Information for 306 McCauley Street

Stories-Residences5Year Built1937Building Size-Lot Size0.27 AC / 11,761 SF

Payment Calculator

$6,987 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,867

Property Taxes

$1,120

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 306 McCauley Street

Summary
Location and General Information
  • Directions: From downtown- Franklin Street to Columbia Street (towards campus). Right at West Cameron, left at Pittsboro St (just past The Carolina Inn) right at McCauley Street house will be on your right.
  • Subdivision Name: Not in a Subdivision
  • Latitude: 35.906982
  • Longitude: -79.05859
Taxes and HOA Information
  • Tax Lot: 3, 4 P/O 5
  • Tax Annual Amount: $13,440.00
School Information
  • Elementary School: CH/Carrboro - Carrboro
  • Middle Or Junior School: CH/Carrboro - Smith
  • High School: CH/Carrboro - East Chapel Hill
Parking
  • Parking Features: Off Street
  • Carport: No
  • Garage: No
Property
Lot Information
  • Farm Land Area Units: Square Feet
Property and Assessments
  • New Construction: No
  • Photos Count: 27
  • Below Grade Finished Area Units: Square Feet
Utilities
  • Sewer: City Sewer
  • Water Source: City Water
  • Gas: Natural Gas
  • Water_Sewer: City Water, City Sewer
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl, Wood
  • Foundation Details: Basement
  • Patio And Porch Features: Porch
  • New Construction Type: Vinyl, Wood
Interior Features
  • Levels: Unit 1/1 Sty, Unit 3/1 Sty, Unit 4/1Sty
  • Basement Description: Crawl Space
  • Fireplace Y N: Yes
  • Fireplaces Total: 2
  • Flooring: Hardwood, Tile, Vinyl
  • Cooling: Central Air, Window Unit(s)
  • Cooling?: Yes
  • Heating: Forced Air, Natural Gas, Fireplace(s), Fireplace
  • Heating?: Yes
  • Appliances: Range/Oven, Refrigerator
  • Laundry Features: W/D Connection
  • Interior Features: 1 Bath, 3 Bedroom, Kitchen, Living Room, 1 Bedroom, 2 Bedroom, Utility Room
  • Equipment Appliances: Range/Oven, Refrigerator
  • Interior: Off Street, Vinyl, Wood, W/D Connection
  • Equipment: Range/Oven, Refrigerator, W/D Connection, Off Street
Multi Family
Unit Information
  • Total Units: 5
Agent
Sale and Listing
  • Property Class Name: MultiFamily

Property History for 306 McCauley Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 306 McCauley Street

Taxable ValueLand$495,000Additions$360,700Total$855,700
Tax Record2023$14,260 ($1,188 / month)
Home Facts
Beds5Baths5Total Finished SqFt2,558 SqFtAbove Grade Finished SqFt2,558 SqFtStories2Lot Size11,761 SqFtStyleSingle Family ResidenceYear Built1937Year Renovated1987ZoningR-4CountyORANGEAPN9788-24-5948Fireplace TypeHas Fireplace

Schools near 306 McCauley Street

This home is within Chapel Hill-Carrboro City School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 8 to 12
Rating
School
Distance
Carrboro Elementary School
PublicPK to 5

R D And Euzelle Smith Middle School
Public6 to 8

East Chapel Hill High School
Public9 to 12

Phoenix Academy High School
Public8 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway HomeService

Listings marked with an icon are provided in part courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Listings are also provided in part by the IDX program of Longleaf Pine REALTORS and Alamance MLS. Copyright 2024 Triangle MLS, Inc. of North Carolina. Copyright 2024 Longleaf Pine REALTORS. Copyright 2024 Alamance MLS. All rights reserved. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s). Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA competitive or home valuation of any property.