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Margaret Sophie
Broker REALTOR
ABR, GRI, CRS Global Luxury Specialist , REALTOR®
Cary, NC
(919) 656-8049
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594/618/648 Cedar Lake Road, Unit A & B, Chapel Hill, NC 27516

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Contact
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Margaret Sophie
(919) 656-8049

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Property Description

READY TO GO! *UPDATED 6-UNIT (3 Duplex) 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 *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!

594/618/648 Cedar Lake Road, Unit A & B | MLS# 2461223

This multi-family property located at 594/618/648 Cedar Lake Road, Unit A & B, Chapel Hill, NC 27516 is currently listed for sale with an asking price of $1,150,000. Cedar Lake Road, Unit A & B is located within the Chatham school district. Search Chapel Hill real estate.

Property Features

Property Type: Multi Unit - Multiple
Fuel Type: Electric
Lot Size: 4.96 Acres
Year Built: 1981

Units

Unit: 1
Above Grade Sqft: 736
Information: 1 Bath, 1st Floor Bedroom, 2 Bedroom, Deck, Fireplace, Kitchen, Living Room, Porch, Range/Oven, Refrigerator, W/D Connection
Total Living Area: 736
Unit: 2
Above Grade Sqft: 736
Information: 1 Bath, 1st Floor Bedroom, 2 Bedroom, Deck, Fireplace, Kitchen, Living Room, Porch, Range/Oven, Refrigerator, W/D Connection
Total Living Area: 736
Unit: 3
Above Grade Sqft: 736
Information: 1 Bath, 1st Floor Bedroom, 2 Bedroom, Deck, Fireplace, Kitchen, Living Room, Porch, Range/Oven, Refrigerator, W/D Connection
Total Living Area: 736
Unit: 4
Above Grade Sqft: 736
Information: 1 Bath, 1st Floor Bedroom, 2 Bedroom, Deck, Fireplace, Kitchen, Living Room, Porch, Range/Oven, Refrigerator, W/D Connection
Total Living Area: 736

Feature Descriptions

Cooling: Central Air, Heat Pump
Days on Site: 145
Exterior: Fiber Cement
Flooring: Luxury Vinyl
Heating: Forced Air, Heat Pump
Lot: Hardwood Trees, Partially Cleared
Units: 6
Water/Sewer: Septic Tank, Well

Local Schools

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

Estimate Your Payment

Estimated Payment

$ 5,162.34 per month $4,826.92 Principal & Interest $0.00 Property Tax (data not provided by mls) $335.42 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Presented By

Listed By

Fonville Morisey/Chapel Hill Sales Office
919-942-4822

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 12/01/2022. The listing information on this page last changed on 12/01/2022. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of TMLS (last updated Thu 12/01/2022 1:09:23 PM EST) or GWMLS (last updated Wed 06/01/2022 8:49:10 AM EST) or Lake Gaston MLS (last updated Thu 12/01/2022 10:40:19 AM EST) or NCRMLS (last updated Thu 12/01/2022 1:09:28 PM EST) or Canopy MLS (last updated Thu 12/01/2022 1:08:17 PM EST) or Fayetteville MLS (last updated Thu 12/01/2022 1:02:07 PM EST) or Triad MLS IDX (last updated Thu 12/01/2022 1:08:21 PM EST) or Mid Carolina MLS (last updated Mon 11/01/2021 3:59:43 PM EST) or Burlington/Alamce County MLS (last updated Thu 12/01/2022 12:41:22 PM EST). Real estate listings held by brokerage firms other than Coldwell Banker Howard Perry and Walston may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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