Chapel Hill, NC 27516,118 Cedar Terrace
Listed by Deaton Investment Real Estate
Bought with DASH Carolina

$335,000

$349,000

4.0%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 08/24/2023

Key Details

Sold Price $335,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Subdivision Cedar Terrace

MLS Listing ID 2523859

Year Built 1979

Annual Tax Amount $1,914

Property Sub-Type Duplex

Property Description

This duplex is convenient to multiple retail centers, U.N.C. Chapel Hill Medical Center, and U.N.C. Chapel Hill. Both units feature identical, one-story, two-bedroom and one-bathroom floor plans with fireplaces and large rear patios. The property has been well-maintained, but offers the opportunity to increase revenue through strategic improvements. The property is on a community water system and has a private septic system. All utilities are paid by tenants. Unit A rent =$1,000/mo & expires 7/31/24. Unit B rent =$985/mo & expires 7/31/24. SEE AGENT REMARKS FOR SHOWINGS.

Location

State NC

County Chatham

Interior

Heating Electric, Forced Air

Cooling Central Air

Flooring Carpet, Vinyl

Exterior

View Y/N Yes

Building

Sewer Septic Tank

Water Public

Structure Type Engineered Wood

New Construction No

Schools

Elementary Schools Chatham - Chatham Grove

Middle Schools Chatham - Margaret B Pollard

High Schools Chatham - Seaforth

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Doorify MLS / Triangle MLS
agent-avatar

+1(252) 904-0357

jason@waltersteam.com

526 E Nash Street, Hope, NC, 27882, United States

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