348-360 Cedar Lake Road, Chapel Hill, NC 27516
Local realty services provided by:CENTURY 21 New Beginnings
348-360 Cedar Lake Road,Chapel Hill, NC 27516
$1,150,000
- 12 Beds
- 6 Baths
- 4,416 sq. ft.
- Multi-family
- Active
Listed by: julia tucker
Office: long & foster real estate inc
MLS#:10171077
Source:RD
Price summary
- Price:$1,150,000
- Price per sq. ft.:$260.42
About this home
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.
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Home facts
- Year built:1981
- Subdivision & Development:Cedar Lake
- Listing ID #:10171077
- Added:131 day(s) ago
- Updated:October 10, 2026 at 02:54 PM
Rooms and interior
- Bedrooms:12
- Total bathrooms:6
- Full bathrooms:6
- Flooring:Carpet, Linoleum
- Kitchen Description:Electric Range, Electric Water Heater, Refrigerator
- Living area:4,416 sq. ft.
Heating and cooling
- Cooling:Window Unit(s)
- Heating:Baseboard Heat
Structure and exterior
- Roof:Shingle
- Year built:1981
- Building area:4,416 sq. ft.
- Lot area:4.99 Acres
- Lot Features:Wooded
- Construction Materials:Wood Siding
- Foundation Description:Concrete Perimeter
- Levels:One
Schools
- High school:Chatham - Seaforth High School
- Middle school:Chatham - Margaret B Pollard Middle School
- Elementary school:Chatham - Chatham Grove Elementary
Utilities
- Water:Shared Well
- Sewer:Septic Tank
Finances and disclosures
- Price:$1,150,000
- Price per sq. ft.:$260.42
- Tax amount:$6,372
Features and amenities
- Laundry features:Electric Dryer Hookup, Washer Hookup
Parking
- Parking description:Driveway
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