Description of 594 Cedar Lake Rd #A & B, Chapel Hill, NC 27516
Listing details for 594 Cedar Lake Rd #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.
Todd Averette, 919-475-8310, 1st Choice Realty of Triangle
Source
Triangle, MLS, MLS#: 10116697
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Location of 594 Cedar Lake Rd #A & B, Chapel Hill, NC 27516
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This beautiful 6 beds 3 baths home is located at 594 Cedar Lake Rd #A & B, Chapel Hill, NC 27516 and is listed for sale at $1,635,000.00. This home was built in 1981, contains 4416 square feet of living space, and sits on a 4.98 acre lot. This residential home is priced at $370.24 per square foot.
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