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

$1,635,000


6

Beds


3

Baths


4,416

Sq Ft


Multi-Family

Active

Listed by

Todd Averette

Mary Jo Edgerton

1st Choice Realty Of Triangle

919-475-8310

Last updated:

August 28, 2025, 09:13 PM

MLS#

10116697

Source:

RD

About This Home

594 Cedar Lake Rd. Road #A & B

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.

Home Facts

Multi-Family

3 Baths

6 Bedrooms

Built in 1981

Price Summary

1,635,000

$370 per Sq. Ft.

MLS #:

10116697

Last Updated:

August 28, 2025, 09:13 PM

Added:

14 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

4,416 Sq. Ft.


Structure

Structure

Building Area:

4,416 Sq. Ft.

Year Built:

1981


Lot

Lot Size (Sq. Ft):

216,928


Finances & Disclosures

Finances

Price:

$1,635,000

Price per Sq. Ft:

$370 per Sq. Ft.

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