543-549 Cedar Lake Road, Chapel Hill, NC 27516

Chapel Hill
Local realty services provided by:Better Homes and Gardens Real Estate Paracle
543-549 Cedar Lake Road,Chapel Hill, NC 27516
$1,295,000
  • 12 Beds
  • 6 Baths
  • 5,301 sq. ft.
  • Multi-family
  • Active
Listed by: chad lloyd
Office: long & foster real estate inc
MLS#:10184491
Source:RD

Price summary

  • Price:$1,295,000
  • Price per sq. ft.:$244.29

About this home

A Rare Cash-Flowing Investment Opportunity in One of the Triangle's Best Locations! Offering both immediate cash flow and exceptional long-term upside, this income-producing multifamily property presents the ideal combination of stable returns and value-add potential. Enjoy strong current cash flow with existing rents while benefiting from the opportunity to increase rents toward market rates for comparable renovated apartments in this highly desirable location. Ideally positioned in northern Chatham County with a Chapel Hill mailing address, the property sits just 4.5 miles from UNC-Chapel Hill and downtown Chapel Hill, less than one mile from shopping and UNC park-and-ride facilities, approximately 3 miles to Briar Chapel, and only 11 miles to downtown Pittsboro. This central location continues to benefit from the tremendous growth throughout the Triangle while remaining convenient to UNC Hospitals, RTP, Jordan Lake, major highways, shopping, dining, and everyday conveniences. The...

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Home facts

  • Year built:1978
  • Subdivision & Development:Cedar Lake
  • Listing ID #:10184491
  • Added:49 day(s) ago
  • Updated:September 24, 2026 at 03:53 PM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:6
  • Full bathrooms:6
  • Flooring:Laminate, Luxury Vinyl, Vinyl
  • Dining Description:Eat-in Kitchen, Kitchen/Dining Room Combination
  • Kitchen Description:Dishwasher, Electric Range, Free-Standing Electric Range, Free-Standing Range, Free-Standing Refrigerator, Range, Range Hood, Refrigerator, Washer/Dryer, Water Heater
  • Living area:5,301 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central, Forced Air
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1978
  • Building area:5,301 sq. ft.
  • Lot area:3 Acres
  • Lot Features:Back Yard, Few Trees, Gentle Sloping, Hardwood Trees, Landscaped, Level, Partially Cleared, Private, Wooded
  • Construction Materials:Brick, Vertical Siding
  • Exterior Features:Covered, Front Porch, Patio, Porch, Rain Gutters
  • Foundation Description:Concrete Perimeter, Slab
  • Levels:One

Schools

  • High school:Chatham - Northwood High
  • Middle school:Chatham - Margaret B Pollard Middle School
  • Elementary school:Chatham - Chatham Grove Elementary

Utilities

  • Water:Well
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$1,295,000
  • Price per sq. ft.:$244.29
  • Tax amount:$6,268

Features and amenities

  • Laundry features:Inside, Laundry Closet, Main Level

Parking

  • Total parking spaces:12
  • Parking description:Asphalt, Driveway, Gravel, Parking Pad
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