348-360 Cedar Lake Rd Unit A & B, Chapel Hill, NC 27516

$1,250,000
12
BD
6
BA
4,416
SqFt

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Seller Representative Long & Foster Real Estate INC

List Price
$1,250,000
Status
ACTIVE
MLS#
10171077
Bedrooms
12
Bathrooms
6
Full-baths
6
Living Area
4,416
Lot Size
217,364
Subdivision
Cedar Lake
Year Built
1981
Acres
4.99

Property Description

3 duplexes, 6 units which are 2 BR, 1 bath each on a nicely wooded 5 acre lot. Good condition yet not updated. Truly work force housing as they are right now. All are leased for $950 per month/ $5700 income monthly. Fabulous rental history and future rental potential is unlimited. Plenty of room for adding carports/ garages and updating to match Chapel Hill rental rates. Super close to shopping and park and ride.

Additional Information

Foundation
Concrete Perimeter
Utilities
Cable Available
Water
Shared Well
Flooring
Carpet, Linoleum
Roof
Shingle
Heating
Baseboard
Unit
A & B
Vegetation
Grassed, Partially Wooded

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Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .