Skip To Content

594 Cedar Lake Rd. Road , A & B

Chapel Hill, NC 27516
  • $1,575,000
  • STATUS: Active
  • ON SITE: 199 Days
  • ID#: 10116697
Price Reduced
UPDATED: 71 min ago
$1,575,000
  • 6
    BEDS
  • 4.98
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 4,416
    SQFT
  • $357
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1981
County:
Area:

School Information

Elementary School:
High School:
Triangle MLS logoListing courtesy of 1st Choice Realty of Triangle: .
© 2026 Doorify MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.

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.

Monthly Payment Calculator



Triangle MLS logo©2026 Doorify MLS, Inc. of North Carolina. All rights reserved. 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. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Data last updated 2026-03-07T08:51:15.967.
www.homesandlandpro.com/homes/167048419
Print Image

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

  • Price: $1,575,000
  • Status: Active
  • On Site: 199 Days
  • Updated: 71 min ago
  • ID#: 10116697
6
Beds
3
Baths
0
½ Baths
4.98
Acres
4,416
SQFT
$357
$/SQFT
1981
Built
Neighborhood:
Shadow Ridge
County:
Chatham
Area:
Chapel Hill
Elementary School:
Chatham - Chatham Grove
Middle School:
Chatham - Margaret B Pollard
High School:
Chatham - Seaforth
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.
Exterior Features

Attached Garage YN No Construction Materials Fiber Cement Levels One Open Parking YN Yes Parking Features Gravel Pool Private YN No Roof Shingle

Interior Features

Above Grade Finished Area 4416 Basement Crawl Space Below Grade Finished Area 0 Cooling Central AirHeat Pump Cooling YN Yes Flooring Vinyl Heating ElectricFireplace(s)Heat Pump Heating YN Yes

Property Features

Association YN No Lease Term 12 Months New Construction YN No Property Sub Type Condominium Sewer Septic Tank Special Listing Conditions Standard Structure Type Duplex Tax Annual Amount 5744.75 View YN Yes Water Source Shared WellWell Zoning R-2



Triangle MLS logo©2026 Doorify MLS, Inc. of North Carolina. All rights reserved. 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. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Data last updated 2026-03-07T08:51:15.967.
 
https://bt-photos.global.ssl.fastly.net/tmls/orig_boomver_1_10116697-2.jpg https://bt-photos.global.ssl.fastly.net/tmls/orig_boomver_1_10116697-2.jpg https://bt-photos.global.ssl.fastly.net/tmls/orig_boomver_1_10116697-2.jpg
Logo
Dodd Realty Group
525 S. White Street
Wake Forest NC, 27587
Triangle MLS logoListing courtesy of 1st Choice Realty of Triangle: .
© 2026 Doorify MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.