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$1,635,000
2 Days On Site
594 Cedar Lake Rd. Road A & BChapel Hill, NC 27516
For Sale|Condominium|Active
6
Beds
3
Total Baths
3
Full Baths
4,416
SqFt
$370
/SqFt
1981
Built
Subdivision:
Shadow Ridge
County:
Chatham
Call Now: 919-844-1152
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919-844-1152
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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.
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Listing Snapshot
Price
$1,635,000
Days On Site
2 Days
Bedrooms
6
Inside Area (SqFt)
4,416 sqft
Total Baths
3
Full Baths
3
Partial Baths
N/A
Lot Size
4.98 Acres
Year Built
1981
MLS® Number
10116697
Status
Active
Property Tax
$5,744.75
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 16 hours ago | Listing updated with changes from the MLS® | |
| 2 days ago | Listing first seen on site |
General Features
Acres
4.98
Lease Term
12 Months
Parking
Gravel
Property Sub Type
Condominium
Sewer
Septic Tank
Special Circumstances
Standard
SqFt Above
4416
SqFt Total
4416
Stories
One
Water Source
PrivateShared WellWell
Zoning
R-2
Interior Features
Basement
Crawl Space
Cooling
Central AirHeat Pump
Flooring
Vinyl
Heating
ElectricFireplace(s)Heat Pump
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Exterior Features
Construction Details
Fiber Cement
Roof
Shingle
Community Features
Financing Terms Available
CashConventional1031 Exchange
Schools
School District
Unknown
Elementary School
Chatham - Chatham Grove
Middle School
Chatham - Margaret B Pollard
High School
Chatham - Seaforth
Listing courtesy of Todd Averette of 1st Choice Realty of Triangle
Listings that are marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2025 Triangle MLS, Inc. of North Carolina. All rights reserved.
Last checked: 2025-08-22 04:57 AM UTC
Listings that are marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2025 Triangle MLS, Inc. of North Carolina. All rights reserved.
Last checked: 2025-08-22 04:57 AM UTC
Neighborhood & Commute
Source: Walkscore
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