Date
Details
Price
Change
Source
8/19/2025
Listed
$1,635,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$1,635,000
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Property Description
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.
Full Property Details
Full Property Details for 594 Cedar Lake Rd Rd #A & B
General
- Price: $1,635,000
- Taxes: $5,744
- Status: Active
- Type: Multi-Family
- Source: 2218
- MLS ID: 10116697
- Updated: 8/20/2025
- Added to Site: 187 day(s) ago
Rental Information
- Lease/Rent Term: 12 Months
Interior
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Parking
- Parking Features: Gravel
Location
- County: Chatham
- Subdivision: Shadow Ridge
- Driving Directions: From Chapel Hill take 15 / 501 4 miles toward Pittsboro, turn Rt on Manns Chapel Rd, then turn Rt on Cedar Lake Rd. Properties are all the way down across the bridge to the right.
School Information
- Elementary School: Chatham - Chatham Grove
- Middle School: Chatham - Margaret B Pollard
- High School: Chatham - Seaforth
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Heat Pump
- Heating Type: Electric, Fireplace(s), Heat Pump
Utilities
- Sewer: Septic Tank
- Water: Shared Well, Well
Structural Information
- # Buildings: 3
- Structure Type: Duplex
- Exterior Const.: Fiber Cement
- Basement: Yes
- Basement Desc.: Crawl Space
- Roof: Shingle
- Building Size: 4416
- Square Feet: 4,416
- Finished Above Grnd: 4,416 Sq. Ft.
- Year Built: 1981
Lot Features
- Lot Size (Acres): 4.98
- Lot Size (Sq. Ft.): 216,928.8
- Zoning: R-2
Financial Considerations
- Tax Amount: $5,744.75
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 2606
- Lot Number: F
Listed by 1st Choice Realty of Triangle, Todd Averette (919) 475-8310 and 1st Choice Realty of Triangle, Mary Jo Edgerton (919) 605-0452
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Listing agents
— 594 Cedar Lake Rd Rd #A & B —
Todd Averette
1st Choice Realty of Triangle
Mary Jo Edgerton
1st Choice Realty of Triangle
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 594 Cedar Lake Rd Rd #A & B
School District:Chatham County Schools
| Name | Grades | Distance |
|---|---|---|
Margaret B. Pollard Middle School 185 Granite Mill Boulevard, Chapel Hill, NC 27516 | 6-8 | 2.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 594 Cedar Lake Rd Rd #A & B
Estimate the Cost
Estimate the Cost for 594 Cedar Lake Rd Rd #A & B
594 Cedar Lake Rd. Road #A & B, Chapel Hill, NC 27516 (MLS# 10116697) is a Multi-Family property with 6 units containing 6 bedrooms and 3 full bathrooms. 594 Cedar Lake Rd. Road #A & B is currently listed for $1,635,000 and was received on August 19, 2025. Want to learn more about 594 Cedar Lake Rd. Road #A & B? Do you have questions about finding other Multi-Family real estate for sale in Chapel Hill? You can browse all Chapel Hill real estate or contact a Coldwell Banker agent to request more information.