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594 Cedar Lake Rd #A & B, Chapel Hill, NC 27516
594 Cedar Lake Rd #A & B, Chapel Hill, NC 27516
594 Cedar Lake Rd #A & B, Chapel Hill, NC 27516
594 Cedar Lake Rd #A & B, Chapel Hill, NC 27516
594 Cedar Lake Rd #A & B, Chapel Hill, NC 27516
594 Cedar Lake Rd #A & B, Chapel Hill, NC 27516
594 Cedar Lake Rd #A & B, Chapel Hill, NC 27516

594 Cedar Lake Rd #A & B Chapel Hill, NC 27516

$1,575,000

ACTIVE
Beds
6
Baths
3
Sqft
4,416
Acres
4.98
Year
1981
Days on Site
275
Property Type
Residential Income
Sub Type
Condominium
Per Square Foot
$357
Date Listed
Aug 19, 2025

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.
Listing Updated : 04-17-2026 at 7:47 AM EDT
Listing Provided By

Todd Averette, 919-475-8310, 1st Choice Realty of Triangle

Source

Triangle, MLS, MLS#: 10116697

Comments

Property History

DateEventPrice
8/19/2025
Listed for sale
$1,575,000 +53.7%
$357/sqft
Source:Triangle, MLS #10116697
8/15/2023
Sold
$1,025,000
$232/sqft
Source:Triangle, MLS #2461223
7/9/2022
Listed for sale
Source:Triangle, MLS #2461223
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The data relating to real estate for sale on this web site comes in part from the Internet Data ExchangeTM Program of the Triangle MLS, Inc. of Cary. Real estate listings held by brokerage firms other than Raleigh Realty Inc are marked with the Internet Data Exchange TM logo or the Internet Data ExchangeTM thumbnaillogo (the TMLS logo) and detailed information about them includes the name of the listing firms.

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