594 Cedar Lake Rd, Chapel Hill, NC 27516

$1,195,000
6
BD
3
BA
4,416
SqFt
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Seller Representative 1st Choice Realty of Triangle

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List Price
$1,195,000
Status
ACTIVE
MLS#
10195912
Bedrooms
6
Bathrooms
3
Full-baths
3
Living Area
4,416
Lot Size
216,928
Subdivision
Shadow Ridge
Year Built
1981
Acres
4.98
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(919) 428-3160

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

(919) 428-3160
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Additional Information

Foundation
Block, Permanent, Crawl Space
Water
Shared Well, Well
Flooring
Vinyl
Roof
Shingle
Heating
Heat Pump
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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 .