Excellent Charlotte investment opportunity now available! This fully leased condo, rented at $1450/mo, presents a turnkey asset with immediate cash flow. The property is generating a strong Net Operating Income (NOI) of $11,987. For an investor utilizing financing, this translates to an impressive 9% cash-on-cash return after debt service. This… Read More is a rare chance to acquire a stable, income-producing property with a proven performance history, offering a hands-off investment with strong returns. Do not miss this opportunity to invest in one of the fastest growing market in USA! Read Less
Description: "Dishwasher", "Electric Range", "Electric Water Heater", "Refrigerator", "Washer/Dryer"
Building
Finished Area Above Grade: 881, Area: 881, Architecture: "Traditional", Building Area: 881, Construction Materials: "Vinyl", Year Built: 1986, Construction Type: Site Built
Cooling
Details: "Ceiling Fan(s)", "Central Air"
Exterior Features
Features: "Lawn Maintenance"
Floors
Flooring: "Vinyl"
Heating
Heating: "Central"
Home Owner's Association
Dues Frequency: Monthly, Fee: 334.29
Laundry
Description: "Laundry Room"
Pets Policy
Description: "No"
Utilities
Sewer: "Public Sewer", Water Source: "City"
Lot
Land Included Y/N: 0
Garage
Man Level Garage: 0
Interior Features
SqFt Lower: 0, Main SqFt: 881, Third SqFt: 0, Unheated Total SqFt: 0
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Listings courtesy of Canopy MLS as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. 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 be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.
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