8718 Rollingwood Rd, Chapel Hill, NC 27516

Property Description

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.