594 Cedar Lake Rd. Road A & B
Description of 594 Cedar Lake Rd. Road A & B, Chapel Hill, NC 27516
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 5 acres of land that has much more potential. All 6 units have Excellent Rental history, close to UNC/CH Hospital, shops and grocery stores. Each unit is 736 sq ft that offers a 2 bed / 1 bath with a fireplace, new floors, appliances, fiber cement exterior siding, decks and more! Total rent for all 6 units is $7,225 with a proven rent history. This property is being sold as a package deal with 4604 Lavista Ct. in Raleigh. (MLS# 10116688) Total number of units is 8 with a total income of $9,875.
Property Details
- MLS #10116697
- Price$1.57M
- StatusActive
- Square Footage4,416
- Bedrooms6
- Bathrooms3
- Acres4.98
- Year Built1981
- Property TypeResidential Income
- Property Sub TypeCondominium
- Days on Site102
- CountyChatham
- SubdivisionShadow Ridge
- CityChapel Hill
- StateNC
- ZIP Code27516
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Location of 594 Cedar Lake Rd. Road A & B, Chapel Hill, NC 27516
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