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Multi Family![1. 594 Cedar Lake Road](https://img-v2.gtsstatic.net/reno/imagereader.aspx?url=http%3A%2F%2Flh.rdcpix.com%2Fa6161d358f44a3579bb2af6901b3d708l-f437827854r.jpg&w=3840&q=75&option=N&permitphotoenlargement=false&fallbackimageurl=https%3A%2F%2Fwww.cityhomes.com%2Fassets%2Fimages%2Fcommon%2Fnophoto%2Flisting.jpg)
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Tools
Size
4.96 Acres
Exterior
Financial
$1,150,000
Change Currency
Listing Details
Multi Family
Property type
1981
Year Built
4791325
Web Id
2461223
MLS ID
795
Days Posted
Description
594 Cedar Lake Road,
Chapel Hill,
NC
27516
Chapel Hill, NC 27516
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!
This is an Pending listing.
Broker Office Phone Number: 888-536-0216
Copyright © 2023Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
This is an Pending listing.
Broker Office Phone Number: 888-536-0216
Copyright © 2023Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Amenities
- Vinyl Flooring
- Heat Pump
Price History
date | price | variance | type |
---|---|---|---|
7/13/2023 | $1,150,000 | - | Contract |
7/9/2022 | $1,150,000 | - | Listed |
10/27/2011 | $250,000 | - | Sold |
Listing By: Chapel Hill via Data Source: Long & Foster Real Estate
listing agent: Chad Lloyd