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$1,195,000
31 Days On Site
594 Cedar Lake RoadChapel Hill, NC 27516
For Sale|Condominium|Active
6
Beds
3
Total Baths
3
Full Baths
4,416
SqFt
$271
/SqFt
1981
Built
Subdivision:
Shadow Ridge
County:
Chatham
Call Now: 919-263-SOLD
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919-263-SOLD
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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
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Listing Snapshot
Price
$1,195,000
Days On Site
31 Days
Bedrooms
6
Inside Area (SqFt)
4,416 sqft
Total Baths
3
Full Baths
3
Partial Baths
N/A
Lot Size
4.98 Acres
Year Built
1981
MLS Number
10195912
Status
Active
Property Tax
$5,744.75
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| a month ago | Listing first seen on site | |
| a month ago | Listing updated with changes from the MLS |
General Features
Acres
4.98
Disclosures
Seller Disclosure
Foundation
BlockPermanent
Lease Term
12 Months
Levels
One
Parking
Open
Parking Spaces
12
Property Sub Type
Condominium
Sewer
Septic Tank
Special Circumstances
Standard
SqFt Above
4416
SqFt Total
4416
Water Source
Shared WellWell
Zoning
R-2
Interior Features
Basement
Crawl Space
Cooling
Central Air
Flooring
Vinyl
Heating
Heat Pump
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Exterior Features
Construction Details
Fiber Cement
Road Frontage
NonePrivate Road
Roof
Shingle
Community Features
Financing Terms Available
1031 ExchangeCashConventional
Schools
School District
Unknown
Elementary School
Chatham - Chatham Grove Elementary
Middle School
Chatham - Margaret B Pollard Middle School
High School
Chatham - Seaforth High School
Listing courtesy of Todd Averette of 1st Choice Realty of Triangle
Listings that are marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.
Last checked: 2026-11-02 12:00 PM UTC
Listings that are marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.
Last checked: 2026-11-02 12:00 PM UTC
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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