Chapel Hill, NC 27516,594 Cedar Lake Rd. Road #A & B
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Chapel Hill, NC 27516,594 Cedar Lake Rd. Road #A & B
Chapel Hill, NC 27516,594 Cedar Lake Rd. Road #A & B
Chapel Hill, NC 27516,594 Cedar Lake Rd. Road #A & B
Chapel Hill, NC 27516,594 Cedar Lake Rd. Road #A & B
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Listed by 1st Choice Realty of Triangle
$ 1,635,000
Est. payment /mo
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594 Cedar Lake Rd. Road #A & B Chapel Hill, NC 27516

6 Beds

3 Baths

4,416 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 4,416 sqft

Price per Sqft $370

Subdivision Shadow Ridge

MLS Listing ID 10116697

Style Duplex

Bedrooms 6

Full Baths 3

HOA Y/N No

Abv Grd Liv Area 4,416

Year Built 1981

Annual Tax Amount $5,744

Lot Size 4.980 Acres

Acres 4.98

Property Sub-Type Condominium

Source Triangle MLS

Property Description

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.

Location

State NC

County Chatham

Zoning R-2

Direction From Chapel Hill take 15 / 501 4 miles toward Pittsboro, turn Rt on Manns Chapel Rd, then turn Rt on Cedar Lake Rd. Properties are all the way down across the bridge to the right.

Rooms

Basement Crawl Space

Interior

Heating Electric, Fireplace(s), Heat Pump

Cooling Central Air, Heat Pump

Flooring Vinyl

Exterior

View Y/N Yes

Roof Type Shingle

Private Pool No

Building

Faces From Chapel Hill take 15 / 501 4 miles toward Pittsboro, turn Rt on Manns Chapel Rd, then turn Rt on Cedar Lake Rd. Properties are all the way down across the bridge to the right.

Sewer Septic Tank

Water Shared Well, Well

Structure Type Fiber Cement

New Construction No

Schools

Elementary Schools Chatham - Chatham Grove

Middle Schools Chatham - Margaret B Pollard

High Schools Chatham - Seaforth

Others

Senior Community No

Tax ID 002606

Special Listing Condition Standard


Doorify MLS / Triangle MLS
Conner Franck

Conner Franck

Agent | License ID: 332123

+1(434) 774-6593

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594 Cedar Lake Rd. Road #A & B