UPDATE (1:15 p.m.): Chapel Hill police have released the name of the person who was fatally stabbed on Franklin Street on Friday night.
Walter Arthur Preston, 27, was stabbed in the chest. He was transported by ambulance to UNC Hospitals, where he later died.
The investigation into the incident is ongoing, and police have asked anyone with more information to call the Chapel Hill Police Department at 919-968-2760.
Around 11:45 p.m., police responded to 209 E. Franklin St., near University Presbyterian Church and right across the street from McCorkle Place.
The male victim, whose identity the police had not yet released by late Sunday, had been stabbed in the chest. He was taken by ambulance to UNC Hospitals, where he later died.
According to an AlertCarolina message issued early on Saturday morning, the victim was not a student.