348-360 Cedar Lake Road, Unit A & B, Chapel Hill, NC 27516

$1,150,000.00
  • 348-360 Cedar Lake Road, Unit A & B, Chapel Hill, NC 27516 Main Photo

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Active
BEDS12 BATHS6 full SQUARE FEET4,416 MLS#10171077
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONCedar Lake SCHOOLChatham

Listing Courtesy of: Long & Foster Real Estate INC
Agency Phone: 919-942-4822
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Property Description

3 duplexes, 6 units which are 2 BR, 1 bath each on a nicely wooded 5 acre lot. Good condition yet not updated. Truly work force housing as they are right now. All are leased for $950 per month/ $5700 income monthly. Fabulous rental history and future rental potential is unlimited. Plenty of room for adding carports/ garages and updating to match Chapel Hill rental rates. Super close to shopping and park and ride.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Window Unit(s)
Days on Market: 156
Heating: Baseboard
Home Style: Ranch
Lot Size: 4.99 Acres
Roof Type: Shingle
Year Built: 1981

Feature Descriptions

Appliances: Electric Range, Electric Water Heater, Refrigerator
Association Amenities: None
Building Area Total: 4416
Carport Y/N: No
Common Walls: 1 Common Wall, End Unit
Community Features: None
Exterior: Wood Siding
Fencing: None
Fireplace Y/N: No
Flooring: Carpet, Linoleum
GarageY/N: No
HeatingY/N: 1
HOA Y/N: No
Laundry: Electric Dryer Hookup, Washer Hookup
Lot Dimensions: 0
Lot Features: Wooded
Open Parking Y/N: Yes
Parcel Number: 2608
Parking Features: Driveway
Parking Spaces: 24
Property Attached Y/N: No
Senior Community Y/N: No
Sewer: Septic Tank
Spa Y/N: No
Structure Type: Duplex
Utilities: Cable Available
Water: Shared Well
Wooded: Yes

Local Schools

High School: Seaforth High School
Middle School: Margaret B Pollard Middle Scho
Elementary School: Chatham Grove Elementary
School District: Chatham

Listed By / Shown By

Listed By

Agency Name: Long & Foster Real Estate INC
Agency Phone: 919-942-4822

Shown By

Agency Name: Key Realty Services, LLC
Agent Name: Tamecia Key
Agent Phone: Primary: (919) 971-3981

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Estimate Your Payment

Estimated Payment

$ 4,909.87 per month $4,574.45 Principal & Interest $0.00 Property Tax (data not provided by mls) $335.42 Homeowner's Insurance

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