594 Cedar Lake Road, Unit A & BChapel Hill, NC 27516Price: $1,575,000

  • Price: $1,575,000
  • Est. Mortgage of $/month
  • 299 Days on Market
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Federal 30-year interest rate: 6.52% last updated on Jun 11, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,575,000List Price
  • 6Bedrooms
  • 3Bathrooms
  • 4.98Acreage
  • 4,416Square Feet

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Listed by Todd Averette of 1st Choice Realty of Triangle
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.

Property Details of 594 Cedar Lake Road, Unit A & B

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