234 E Winmore Ave

Chapel Hill, NC 27516
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3 bd, 2.5 ba | 1,626 sqft | Built in 2009

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For Sale

Exclusive

List Price
$358,000

Initial Investment

$97,555

$

about the purchase process.
Features

Occupancy

Occupied

Lease Start

04/01/2020

Lease End

05/31/2022

Property Type

Condo

Lot Size

8,060

HOA

$404/mo

Flood Risk

Not Required

  • Desirable neighborhood
  • Condo located in a live-work area above a hair salon and other businesses
  • Walking distance from Chapel Hill Senior High School, Smith Middle School and Seawell Elementary School
  • There are two HOA fees:
1- Winmore Community Master HOA: $398/quarter
2- Winmore Live-Work HOA: $813/quarter
See more in Analysis

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Annual Financial Highlights

Expected Rent

$21,717

Expenses

-$9,896

Property Taxes

-$4,700

Loan Payments

-$15,382

Net Cash Flow

-$8,261

See more in Financials

Property Characteristics

Inspection Contingency

This home will be inspected after the offer is accepted and prior to closing, during which time you can negotiate price or repairs based on the inspector's findings or cancel the contract.
  • This property will be professionally inspected before closing.
  • You'll have the opportunity to negotiate a lower price or repairs if any issues are identified during the inspection process.
  • Your earnest money deposit will be refunded if you cancel the transaction before the inspection contingency termination date.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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