This 7-unit multifamily asset presents a heavy value-add opportunity in North Charlotte with upside driven by full renovation and lease-up. The property is currently ~14% occupied, with six vacant units requiring interior renovations to stabilize operations and drive NOI growth. Major capital items including the roof and HVAC systems have… Read More already been addressed, reducing execution risk and allowing future capital to focus on unit-level improvements. Located minutes from Camp North End and less than 10 minutes from Uptown Charlotte, the asset sits directly in the path of growth within an active redevelopment corridor. Read Less
Finished Area Above Grade: 4911, Area: 4911, Building Area: 4911, Construction Materials: "Brick Full", Year Built: 1964, Construction Type: Site Built
Cooling
Details: "Central Air"
Heating
Heating: "Central"
Laundry
Description: "In Unit"
Lot
Size: 0.45, Size Units: Acres
Pets Policy
Description: "Conditional"
Utilities
Sewer: "Public Sewer", Water Source: "City"
Garage
Man Level Garage: 0
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
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.
Confirm your time
Fill in your details and we will contact you to confirm a time.