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!
Sold for $1,025,000 on 08/15/23
$1,025,000
594 Cedar Lake Rd #A & B, Chapel Hill, NC 27516
--beds
--baths
--sqft
Single Family Residence, Multi Family
Built in 1981
-- sqft lot
$1,542,600 Zestimate®
$--/sqft
$1,695 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: February 17, 2025 at 02:52pm
Listed by:
Chad Lloyd 919-606-8511,
Long & Foster Real Estate INC
Bought with:
Patrick Averette, 278256
Premier Advantage Realty Inc
Source: Doorify MLS,MLS#: 2461223
Facts & features
Interior
Heating
- Electric, Forced Air, Heat Pump
Cooling
- Central Air, Heat Pump
Features
- Flooring: Vinyl
- Basement: Crawl Space
- Has fireplace: Yes
Interior area
- Total structure area: 0
Property
Parking
- Parking features: Off Street
Accessibility
- Accessibility features: Accessible Washer/Dryer, Level Flooring
Features
- Has view: Yes
Lot
- Features: Hardwood Trees, Partially Cleared
Details
- Zoning: R-2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Single Family Residence, Multi Family
Materials
- Fiber Cement
Condition
- New construction: No
- Year built: 1981
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & neighborhood
Location
- Region: Chapel Hill
- Subdivision: Cedar Lake
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,542,600