594 Cedar Lake Rd Unit A & B, Chapel Hill, NC 27516
- $1,025,000
Seller Representative Long & Foster Real Estate INC
Buyer Representative
- Sold Price
- $1,025,000
- List Price
- $1,150,000
- Closing Date
- Aug 15, 2023
- Status
- CLOSED
- MLS#
- 2461223
- Subdivision
- Cedar Lake
- Year Built
- 1981
Property Description
READY TO GO! *UPDATED 6-UNIT (3 Duplexes) INVESTMENT on approx 5 ACRES in CHAPEL HILL w/ LOW CHATHAM COUNTY TAXES & NO HOA! *Over 4,400 total sq ft & $6,650 in current monthly rental income w/ increase potential *EXCELLENT RENTAL HISTORY *ALL 6-units identical w/ major UPDATES in 2018-2019 w/ NEW floors, kitchen, appliances, bathrooms, fixtures, fiber cement exterior siding, electrical, decks/porches & more *Each individual unit (6 total) is 736 sq ft - 2 BR / 1 Bath w/ Kitchen, Living Room w/ Fireplace, Rear Decks & Wooded Views ALL close to UNC/CH, Hospital, shops, food, grocery in a HIGH GROWTH area between Chapel Hill & Pittsboro/Chatham Park! ALL 6-Units are rented (4 units for $1,100 and 2 for $1,150) with excellent rental history!
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Additional Information
- Accessibility Features
- Accessible Washer/Dryer, Level Flooring
- Water
- Well
- Basement
- Crawl Space
- Flooring
- Vinyl
- Heating
- Electric, Forced Air, Heat Pump
- Unit
- A & B
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Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .