348360 Cedar Lake RD, Chapel Hill, NC 27516
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348360 Cedar Lake RD, Chapel Hill, NC 27516
348360 Cedar Lake RD, Chapel Hill, NC 27516
348360 Cedar Lake RD, Chapel Hill, NC 27516
348360 Cedar Lake RD, Chapel Hill, NC 27516
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Miguel Fragoso

Miguel Fragoso

+1(919) 939-0838
Listed by Long & Foster Real Estate INC
$ 1,250,000
Est. payment /mo
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Active

348360 Cedar Lake RD Chapel Hill, NC 27516

12 Beds

6 Baths

4,416 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,416 sqft

Price per Sqft $283

Subdivision Cedar Lake

MLS Listing ID 10171077

Bedrooms 12

Full Baths 6

HOA Y/N No

Year Built 1981

Annual Tax Amount $6,372

Lot Size 4,416 Sqft

Acres 4.99

Property Sub-Type Duplex

Source Doorify MLS

Land Area 4416

Property Description

3 duplexes, 6 units which are 2 BR, 1 bath each on a nicely wooded 5 acre lot. Good condition yet not updated. Truly work force housing as they are right now. All are leased for $950 per month/ $5700 income monthly. Fabulous rental history and future rental potential is unlimited. Plenty of room for adding carports/ garages and updating to match Chapel Hill rental rates. Super close to shopping and park and ride.

Location

State NC

County Chatham

Community Cedar Lake

Area 4.99

Interior

Cooling Window Unit(s)

Flooring Carpet, Linoleum

Fireplace No

Laundry Washer Hookup, Electric Dryer Hookup

Exterior

Parking Features Driveway

Community Features None

Utilities Available Cable Available

Roof Type Shingle

Garage No

Building

Lot Description Wooded

Story One

Foundation Concrete Perimeter

Water Shared Well

New Construction No

Schools

Elementary Schools Chatham - Chatham Grove Elementary

Middle Schools Chatham - Margaret B Pollard Middle School

High Schools Chatham - Seaforth High School

Others

Tax ID 2608

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Doorify MLS

Nearby Locations

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348360 Cedar Lake RD