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6 Beds
3 Baths
4,416 sqft

$1,195,000

594 Cedar Lake Road, Chapel Hill NC, 27516

Price per sqft$270.61
Built in1981
Property size4,416 sqft
Property typeCondominium
Listing courtesy of 1st Choice Realty of Triangle

Overview

Active

Listed Oct 1, 2026

Updated 7 days ago

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

$7,950/mo

Est. mortgage payment based on a $1,195,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
10195912

Interior Features

Bedrooms
6
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
4.98 Acres
MLS provider logo

Listed by Todd Averette, Mary Jo Edgerton, 1st Choice Realty of Triangle

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Data last updated 5:00 AM UTC, 10/2/2026

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