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Accepting back up offers! Fantastic Historic Triplex 0.7 Miles To UNC - Don't miss this rare chance to own an historic 3-unit property at 407 Coolidge St., Chapel Hill, NC. Nestled on a spacious 0.4 acre lot shaded by mature trees, this 1947 home features many preserved original details that accent the living experience. Two driveways with more than ample parking. This home is in a neighborhood (not historic designation) is just across the street from Merritt's Mill Grill. Only 0.7 miles to UNC Hospitals & The University and only 1.3 miles to downtown Chapel Hill restaurants and shops. Ideal for investors or those seeking flexible living arrangements with rental potential. Projected Annual Revenue - $66,000 The 3 units include; 2 - one bedroom units, and 1 - three bedroom units. Unit A: 1,273 Sq Ft. Located on the main floor, this 3 bedroom 1 ½ bathroom unit features; spacious living room with windows on two sides opening the room to light and the beautiful foliage outside. The lovely dining room and kitchen center the unit and welcome creative meal preparation while enjoying conversation with friends, over a lovely meal. A must see is the moody historic green kitchen with all the appliances you need, ample countertops and cabinetry as well as an energetic floor, all topping off this great design. The renovated full bath features built-in shelving, soft colors and beautiful accents, a tub shower combo, connected to the primary bedroom. A must see moody black half bath features the original sink and open shelving that finishes off this functional and wonderful design. The half bath sits between 2 bedrooms for easy convenience. The bedrooms and living room have lots of windows that connect you to nature and allow the home to be filled with light. The dining room has a gorgeous view of the peaceful large 13' x 21' screen porch. Soak in this bright yummy experience when mopping up the delicious sauce after a satisfying meal. Take a moment when touring this home to pause, sit and relax, then unwind on this generous screen porch in this peaceful home. Unit A lives and feels like a wonderful historic home and has lots of windows that welcome the light. This unit features a dedicated driveway on the left side of the home. Check out the crystal & brass door knobs that adorn the spaces just like beautiful jewelry. Unit B: 590 Sq Ft. 1 bedroom 1 bathroom. Located also on the main floor, shares the large 26' x 8' covered front porch with Unit C, and is ready to have coffee and conversations with your neighbors and friends. The bedroom, quiet and separate, from the living spaces, is separated with the foyer, and is your retreat from a busy day. This unit features an open floor plan between the kitchen and living space and creates wonderful connectivity when preparing meals. Unit C: 616 Sq Ft. 1 bedroom 1 bathroom. Located upstairs and in a quaint renovated attic space. The feel of this unit is really special. The stairs propel you up and empty you into the foyer that features built-in shelving and banquette to enjoy your meals. This unit features the living room on one end and the bedroom on the other end, connected with the galley kitchen and eating area. The Kitchen has lots of countertops and cabinetry including a sky light. A full bath and stack washer dryer complete the experience. A lovely floor plan that separates the sleeping and living spaces. Don't miss the built-in banquette when touring this unit. This unit is a tree top experience that disconnects from the hustle and bustle of everyday life. Unit B & C share a good size driveway on right side of the home with ample off street parking. Also share the large 26' x 8' covered front porch. Unit B & C both rented until May 1st 2026 lovely hospitable tenants. Unit A is ready for occupancy. The large 0.4 acre lot features mature trees, large back yard, large storage shed, all on a quiet street.
Listed by Carl Johnson of Coldwell Banker - HPW

Listing Sold by Long & Foster Real Estate INC Julia Tucker

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