For Sale Duplex MLS# 10171077

348-360 Cedar Lake Road A & B

Chapel Hill, NC 27516

$1,150,000

  • 12Beds
  • 6Baths
  • 4,416Sq Ft
  • 4.99Acres
  • 1981Built
  • $260Per Sq Ft
  • 167Days Listed
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About 348-360 Cedar Lake Road A & B

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.

Property details

Property

Type
Duplex
MLS type
Duplex
Status
Active
Year built
1981
Stories
One
Living area
4,416 sqft
Price / sqft
$260
Lot
4.99
Full baths
6
Original price
$1,250,000
MLS #
10171077

Interior

Appliances
Electric Range, Electric Water Heater, Refrigerator
Flooring
Carpet, Linoleum
Heating
Baseboard
Cooling
Window Unit(s)
Laundry
Electric Dryer Hookup, Washer Hookup

Exterior & lot

Features
Driveway
Construction
Wood Siding
Roof
Shingle
Foundation
Concrete Perimeter
Lot
2608
Parking
Driveway

Schools

District
Chatham County Schools
Elementary
Chatham - Chatham Grove Elementary
Middle
Chatham - Margaret B Pollard Middle School
High
Chatham - Seaforth High School

Utilities

Utilities
Septic Tank, Shared Well, Cable Available
Water
Shared Well
Sewer
Septic Tank

Financial

Financial
Doorify MLS
Annual tax
$6,372
Tax year
2025
Parcel
2608
Special conditions
Standard

Location

Subdivision
Cedar Lake
County
Chatham

Ask about this property

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Listed by Julia Tucker, Long & Foster Real Estate INC

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.