594 Cedar Lake Rd. Road #A & B, Chapel Hill, NC 27516
Local realty services provided by:Better Homes and Gardens Real Estate Paracle
594 Cedar Lake Rd. Road #A & B,Chapel Hill, NC 27516
$1,575,000
- 6 Beds
- 3 Baths
- 4,416 sq. ft.
- Multi-family
- Active
Listed by: todd averette, mary jo edgerton
Office: 1st choice realty of triangle
MLS#:10116697
Source:RD
Price summary
- Price:$1,575,000
- Price per sq. ft.:$356.66
About this home
Turnkey Multi Unit Investment opportunity available! Updated 6-unit Condominium Units on Approx. 5 acres in the Beautiful Chapel Hill area with low Chatham County taxes and NO HOA! This is a rare chance to own a 6-unit condominium package on 5 acres of land that has much more potential. All 6 units have Excellent Rental history, close to UNC/CH Hospital, shops and grocery stores. Each unit is 736 sq ft that offers a 2 bed / 1 bath with a fireplace, new floors, appliances, fiber cement exterior siding, decks and more! Total rent for all 6 units is $7,225 with a proven rent history. This property is being sold as a package deal with 4604 Lavista Ct. in Raleigh. (MLS# 10116688) Total number of units is 8 with a total income of $9,875.
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Home facts
- Year built:1981
- Listing ID #:10116697
- Added:246 day(s) ago
- Updated:April 23, 2026 at 03:11 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Vinyl
- Basement Description:Crawl Space
- Living area:4,416 sq. ft.
Heating and cooling
- Cooling:Central Air, Heat Pump
- Heating:Electric, Fireplace(s), Heat Pump
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1981
- Building area:4,416 sq. ft.
- Lot area:4.98 Acres
- Construction Materials:Fiber Cement
- Levels:One
Schools
- High school:Chatham - Seaforth
- Middle school:Chatham - Margaret B Pollard
- Elementary school:Chatham - Chatham Grove
Utilities
- Water:Shared Well, Well
- Sewer:Septic Tank
Finances and disclosures
- Price:$1,575,000
- Price per sq. ft.:$356.66
- Tax amount:$5,744
Parking
- Parking description:Gravel
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