USANCChapel HillShadow Ridge594 Cedar Lake Rd
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$1,635,000

B - 594 Cedar Lake Rd, Chapel Hill, NC

Real Estate

For Sale

$--,---,---
630
  • Key Facts
  • Description
  • Map

Key Facts

Type Condominium
Levels Residential Income
Size 4416 sqft
Garage No
Maintenance Fees 
Taxes $5,745
Days Active 0
Approx. Age 1981
Avg. Price Per Sqft $370
MLS® Number 10116697

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Turnkey Multi Unit Investment opportunity available! Updated 6-unit Condominium Units on Approx.. 5 unrestricted 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.Show Description
MLS® Number10116697
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1981
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatElectric, Fireplace(s), Heat Pump
A/CCentral Air, Heat Pump
Heating Fuel

Extras

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