594 Cedar Lake Road, Unit A B
594 Cedar Lake Road, Unit A B
$1,025,000
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Closed 8/15/23
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,...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!
- Listed by Chad Lloyd • Fonville Morisey Realty
Property Details for 594 Cedar Lake Road, Unit A B
Subdivision
Cedar Lake
Location
LISTING UPDATED: 12/15/2023 06:01 PM
Property Details for 594 Cedar Lake Road, Unit A B
Status | Closed |
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MLS # | 2461223 |
Days on Market | 402 |
Taxes | $5,206 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Single Family Residence |
Year Built | 1981 |
Lot Size | - |
County | Chatham County |
Location
Building Information for 594 Cedar Lake Road, Unit A B
Stories-Residences6Year Built1981Building Size-Lot Size-
Payment Calculator
$6,028 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 594 Cedar Lake Road, Unit A B
Property History for 594 Cedar Lake Road, Unit A B
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 594 Cedar Lake Road, Unit A B
This home is within Chatham County School District.
Rating | School | Type | Grades | Distance |
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Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
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Margaret B. Pollard Middle School Public6 to 8 | ||
Seaforth High School Public9 to 12 | ||
Sage Academy Public9 to 12 | ||
Chatham School Of Science & Engineering Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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