594 Cedar Lake Road, Chapel Hill, NC 27516

$1,195,000.00
  • 594 Cedar Lake Road, Chapel Hill, NC 27516 Main Photo

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Active
BEDS6 BATHS3 full SQUARE FEET4,416 MLS#10195912
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONShadow Ridge SCHOOLChatham

Listing Courtesy of: 1st Choice Realty of Triangle
Agency Phone: 919-475-8310
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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 almost 5 acres of land that has much more potential. All 6 units have an excellent and proven rental history that is just minutes to UNC/CH hospital, shops and grocery stores. Each unit is 736 sq ft and offers a 2 bed / 1 bath, fireplace, new floors, appliances, fiber cement siding, decks and more! One unit is available for showings while being updated. Units are managed by Evans Property Management

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Days on Market: 34
Heating: Heat Pump
Home Style: A-Frame
Lot Size: 4.98 Acres
Roof Type: Shingle
Year Built: 1981

Feature Descriptions

Building Area Total: 4416
Carport Y/N: No
Exterior: Fiber Cement
Fireplace Y/N: No
Flooring: Luxury Vinyl
GarageY/N: No
HeatingY/N: 1
HOA Y/N: No
Lot Dimensions: 0
Lot Features: Partially Cleared
Open Parking Y/N: Yes
Parcel Number: 0002606
Parking Features: Open
Parking Spaces: 12
Property Attached Y/N: No
Road Frontage: Private Road, None
Senior Community Y/N: No
Sewer: Septic Tank
Spa Y/N: No
Structure Type: Duplex
Water: Shared Well, Well

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: 1st Choice Realty of Triangle
Agency Phone: 919-475-8310

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

$ 5,101.99 per month $4,753.45 Principal & Interest $0.00 Property Tax (data not provided by mls) $348.54 Homeowner's Insurance

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