Nearby Schools
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Description
Attention all savvy investors!! Excellent chance to own 1.329 acres very close to Uptown Charlotte just off I-77, exit 12. Located in an Opportunity Zone, this commercial property currently consists of a multi-family complex totaling 12 income-producing apartments with 2 beds & 1 bath each. Currently 100% occupied, 9 of 12 units have been updated within the last 12 months. All gas, electric & water utilities are separately metered and paid by each resident. Washer/Dryer hookups. Residents also enjoy the comforts of both central heat & air conditioning. Close to city bus stops. Stable property management team already in place. Below market rents. A prime location that could be a great buy to add to your portfolio, or to park your cash & hedge against inflation, and/or to smartly position yourself for possible future redevelopment opportunities as Uptown Charlotte runs out of land to expand. Some Seller Financing MAY be considered with a very qualified buyer along with acceptable terms.
Location
Similar Listings
$1,500,000
24
24
11,834 Sq ft
CONTRACT
MLS# CAR4009463
Listing Office: Coldwell Banker Realty
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Based on information submitted to the MLS GRID as of "Updated" date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website Updated: 23rd March, 2023 1:53 PM (UTC)
Based on information submitted to the MLS GRID as of "Updated" date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website Updated: 23rd March, 2023 1:53 PM (UTC)
