594 Cedar Lake Road A & B Chapel Hill NC 27516 $1,150,000
Courtesy of: Fonville Morisey/Chapel Hill Sales Office
Property Information
- $1,150,000
- 4,416 Sqft
- Residential Income
- MLS #: 2461223
- For Sale
- 334 Days on market
Property Features
- Neighborhood: Cedar Lake
- Lot Size: 4.96
- Status: Active
- Year Built: 1981
- Air Conditioning: Central Air, Heat Pump
- Appliances: Range/Oven, Refrigerator
- Basement Description: Crawl Space
- Cooling: Central Air, Heat Pump
- Directions: From Chapel Hill, Take 15-501 S, Turn Right Onto Manns Chapel Road (at McDonalds/CVS), Turn Right Onto Cedar Lake Road & Go All The Way To The End And Turn Right Into Property...618-A Is The Middle Duplex And Unit Is On The Left.
- Driving Directions: From Chapel Hill, Take 15-501 S, Turn Right Onto Manns Chapel Road (at McDonalds/CVS), Turn Right Onto Cedar Lake Road & Go All The Way To The End And Turn Right Into Property...618-A Is The Middle Duplex And Unit Is On The Left.
- Elementary School: Chatham - Chatham Grove
- Exterior Features: Deck, Porch
- Fireplaces: 4
- Heating: Forced Air, Heat Pump, Electric, Fireplace(s), Fireplace
- High School: Chatham - Seaforth
- Interior Features: 1 Bath, 1st Floor Bedroom, 2 Bedroom, Kitchen, Living Room
- Internet Address Display: Yes
- Internet Automated Valuation Display: Yes
- Internet Consumer Comment: Yes
- Land Sqft: 4416
- List Price: 1150000
- Lot Description: Hardwood Trees, Partially Cleared
- Lot Features: Hardwood Trees, Partially Cleared
- Lot Size Acres: 4.96
- Middle School: Chatham - Margaret B Pollard
- Number of Fireplaces: 4
- Parking: 2 Space/Unit, Off Street
- Parking Desc: 2 Space/Unit, Off Street
- Parking Description: 2 Space/Unit, Off Street
- Property Subtype: Other
- Sewer: Septic Tank
- Tax Amount: 5206
- Taxes: 5206
- Virtual Tour Link: View Tour
- Water: Well
- Water Heater: Forced Air, Heat Pump, Electric, Fireplace(s), Fireplace
- Water Source: Well
- Zoning Desc: R-2
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!
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!
Description
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!
Location Map
Courtesy of: Fonville Morisey/Chapel Hill Sales Office
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Updated: 8th June, 2023 7:04 PM (UTC).
