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

Chapel Hill
Local realty services provided by:ERA Strother Real Estate
594 Cedar Lake Rd. Road #A & B,Chapel Hill, NC 27516
$1,575,000
  • 6 Beds
  • 3 Baths
  • 4,416 sq. ft.
  • Multi-family
  • Active
Listed by: todd averette, mary jo edgerton
Office: 1st choice realty of triangle
MLS#:10116697
Source:RD

Price summary

  • Price:$1,575,000
  • Price per sq. ft.:$356.66

About this home

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.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1981
  • Listing ID #:10116697
  • Added:219 day(s) ago
  • Updated:March 26, 2026 at 02:56 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:3
  • Full bathrooms:3
  • Flooring:Vinyl
  • Basement Description:Crawl Space
  • Living area:4,416 sq. ft.

Heating and cooling

  • Cooling:Central Air, Heat Pump
  • Heating:Electric, Fireplace(s), Heat Pump
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1981
  • Building area:4,416 sq. ft.
  • Lot area:4.98 Acres
  • Construction Materials:Fiber Cement
  • Levels:One

Schools

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

Utilities

  • Water:Shared Well, Well
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$1,575,000
  • Price per sq. ft.:$356.66
  • Tax amount:$5,744

Parking

  • Parking description:Gravel
MLS LogoListings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Copyright 2026 Doorify MLS of North Carolina. All rights reserved.

New listings near 594 Cedar Lake Rd. Road #A & B