348-360 Cedar Lake Road, Chapel Hill, NC 27516

Chapel Hill
Local realty services provided by:ERA Strother Real Estate
348-360 Cedar Lake Road,Chapel Hill, NC 27516
$1,250,000
  • 12 Beds
  • 6 Baths
  • 4,416 sq. ft.
  • Multi-family
  • Active
Listed by: julia tucker
Office: long & foster real estate inc
MLS#:10171077
Source:RD

Price summary

  • Price:$1,250,000
  • Price per sq. ft.:$283.06

About this home

3 duplexes, 6 units which are 2 BR, 1 bath each on a nicely wooded 5 acre lot. Good condition yet not updated. Truly work force housing as they are right now. All are leased for $950 per month/ $5700 income monthly. Fabulous rental history and future rental potential is unlimited. Plenty of room for adding carports/ garages and updating to match Chapel Hill rental rates. Super close to shopping and park and ride.

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Home facts

  • Year built:1981
  • Subdivision & Development:Cedar Lake
  • Listing ID #:10171077
  • Added:76 day(s) ago
  • Updated:August 17, 2026 at 03:36 PM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:6
  • Full bathrooms:6
  • Flooring:Carpet, Linoleum
  • Kitchen Description:Electric Range, Electric Water Heater, Refrigerator
  • Living area:4,416 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Baseboard Heat

Structure and exterior

  • Roof:Shingle
  • Year built:1981
  • Building area:4,416 sq. ft.
  • Lot area:4.99 Acres
  • Lot Features:Wooded
  • Construction Materials:Wood Siding
  • Foundation Description:Concrete Perimeter
  • Levels:One

Schools

  • High school:Chatham - Seaforth High School
  • Middle school:Chatham - Margaret B Pollard Middle School
  • Elementary school:Chatham - Chatham Grove Elementary

Utilities

  • Water:Shared Well
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$1,250,000
  • Price per sq. ft.:$283.06
  • Tax amount:$6,372

Features and amenities

  • Laundry features:Electric Dryer Hookup, Washer Hookup

Parking

  • Parking description:Driveway
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