Date
Details
Price
Change
Source
10/01/2026
Listed
$1,195,000
—
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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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 almost 5 acres of land that has much more potential. All 6 units have an excellent and proven rental history that is just minutes to UNC/CH hospital, shops and grocery stores. Each unit is 736 sq ft and offers a 2 bed / 1 bath, fireplace, new floors, appliances, fiber cement siding, decks and more! One unit is available for showings while being updated. Units are managed by Evans Property Management
Full Property Details
Full Property Details for 594 Cedar Lake Rd
General
- Price: $1,195,000
- Taxes: $5,744 (2024)
- Status: Active
- Type: Condo
- Source: 2218
- MLS ID: 10195912
- Updated: 10/1/2026
- Added to Site: 6 day(s) ago
Rental Information
- Lease/Rent Term: 12 Months
Interior
- Flooring: Luxury Vinyl
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Parking
- Parking Features: Open
Location
- County: Chatham
- Subdivision: Shadow Ridge
School Information
- Elementary School: Chatham - Chatham Grove Elementary
- Middle School: Chatham - Margaret B Pollard Middle School
- High School: Chatham - Seaforth High School
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Heat Pump
Utilities
- Sewer: Septic Tank
- Water: Shared Well, Well
- Well: Yes
Structural Information
- Structure Type: Duplex
- Exterior Const.: Fiber Cement
- Roof: Shingle
- Building Size: 4416
- Square Feet: 4,416
- Living Area: 4,416 Sq. Ft.
- Finished Above Grnd: 4,416 Sq. Ft.
- Year Built: 1981
Unit Information
- Units in Building: 3
Lot Features
- Lot Size (Acres): 4.98
- Lot Size (Sq. Ft.): 216,928.8
- Frontage: Private Road, None
- Lot Features: Partially Cleared
- Zoning: R-2
Financial Considerations
- Tax Amount: $5,744.75
- Tax Year: 2024
- Terms: Cash, Conventional, 1031 Exchange
- Owner Pays: Common Area Maintenance, Grounds Care, HVAC Maintenance, Management, Repairs, Roof Maintenance
- Tenant Pays: All Utilities
Disclosures and Reports
- Special Conditions: Standard
- APN: 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 —
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
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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 594 Cedar Lake Rd
Estimate the Cost
Estimate the Cost for 594 Cedar Lake Rd
594 Cedar Lake Road, Chapel Hill, NC 27516 (MLS# 10195912) is a Condo property with 6 bedrooms and 3 full bathrooms. 594 Cedar Lake Road is currently listed for $1,195,000 and was received on October 01, 2026. Want to learn more about 594 Cedar Lake Road? Do you have questions about finding other Condo 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.