$165,000
$169,500
2.7%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1 Bath
920 SqFt
SOLD DATE : 04/23/2025
Key Details
Sold Price $165,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 920 sqft
Price per Sqft $179
Subdivision Old Well
MLS Listing ID 10056487
Sold Date 04/23/25
Style Traditional
Bedrooms 2
Full Baths 1
HOA Fees $178/mo
HOA Y/N Yes
Year Built 1971
Annual Tax Amount $1,785
Lot Size 920 Sqft
Property Sub-Type Condominium
Source Doorify MLS
Land Area 920
Property Description
Charming and updated, 501 Jones Ferry Rd #D12 offers a prime opportunity in the heart of Carrboro. This 2-bedroom, 1-bath condo is ideally located just minutes from downtown Carrboro, UNC, and major commuter routes, making it a highly desirable property for both homeowners and investors. Featuring a sun-filled open floor plan, the home boasts a fully equipped kitchen with a new electric oven, breakfast bar, and ample cabinet space. The two spacious bedrooms come with generous closets, and the home is enhanced with recent updates, including new windows, light fixtures, and doors, providing modern convenience and energy efficiency. Residents of this charming community enjoy a wide range of amenities, including a pool, fitness center, business center, pet park, tennis courts, and volleyball, adding to the appeal of this property.
For investors, this condo represents an excellent opportunity to generate passive income. Its prime location near UNC and downtown Carrboro makes it highly attractive to students, professionals, and families, ensuring a strong rental market and high occupancy rates. The updated finishes and low-maintenance features make it a perfect option for both first-time and seasoned investors seeking consistent rental returns with minimal hassle. Don't miss this chance to own a prime piece of Carrboro real estate with excellent income potential. Motivated seller.
Location
State NC
County Orange
Community Old Well
Interior
Interior Features Living/Dining Room Combination, Open Floorplan
Cooling Central Air
Flooring Carpet
Equipment None
Fireplace No
Appliance Disposal, Microwave, Dishwasher
Exterior
Exterior Feature None
Parking Features Assigned, Parking Lot, Paved
Garage Spaces 1.0
Pool Community
Community Features Pool, Sidewalks, Street Lights, Tennis Court(s)
Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
View Other
Roof Type Shingle
Total Parking Spaces 1
Garage No
Building
Story One
Foundation Slab
Water Public
Architectural Style Traditional
New Construction No
Schools
Elementary Schools Ch/Carrboro - Mary Scroggs
Middle Schools Ch/Carrboro - Grey Culbreth
High Schools Ch/Carrboro - Carrboro
Others
Senior Community No
Tax ID 9778540436.048
Security Features Other
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "







