118 Cedar Ter, Chapel Hill, NC 27516

$335,000

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Seller Representative Deaton Investment Real Estate

Buyer Representative

Sold Price
$335,000
List Price
$349,000
Closing Date
Aug 24, 2023
Status
CLOSED
MLS#
2523859
Subdivision
Cedar Terrace
Year Built
1979

Property Description

This duplex is convenient to multiple retail centers, U.N.C. Chapel Hill Medical Center, and U.N.C. Chapel Hill. Both units feature identical, one-story, two-bedroom and one-bathroom floor plans with fireplaces and large rear patios. The property has been well-maintained, but offers the opportunity to increase revenue through strategic improvements. The property is on a community water system and has a private septic system. All utilities are paid by tenants. Unit A rent =$1,000/mo & expires 7/31/24. Unit B rent =$985/mo & expires 7/31/24. SEE AGENT REMARKS FOR SHOWINGS.

Additional Information

Water
Public
Basement
Crawl Space
Flooring
Carpet, Vinyl
Heating
Electric, Forced Air

Mortgage Calculator

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Calculator source: Real Geeks

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 .