Fabulous investment property opportunity in Historic Fourth Ward, one of Charlotte's oldest and most unique neighborhoods. Rare opportunity for new construction in historic Fourth Ward! Half block to popular Alex Mike's Tavern and steps to all that uptown Charlotte has to offer!! Duplex style end unit townhome featuring four spacious levels of living area. Beautiful Victorian architecture combined with modern layout and style. Fabulous Uptown Charlotte city views at each level. Private one car attached garage plus one additional off street parking spot. Location would lend itself wonderfully to corporate rentals. Vertical nature of plan would work well for a multi-tenant situation. Two units currently available. 611-A N Pine Street - offered at $699,000 and 611-B N Pine Street - offered at $679,000. Each unit features 2,869 heated square feet, 4 bedrooms, and 4 1/2 bathrooms. Comps suggest rental potential of $4,000 to $5,000 per month for this type of unit.
This property is 50 units,. 24 1 bedroom & 26 2 bedroom, it stays fully occupied with rental rate upside potential.Most rents have been the same for years.
Full brick renovated duplex with 2 bedrooms, 1 bath, kitchen and dining room on each unit. Home features some commercial grade laminate wood floors, upgraded kitchen with granite counter tops, hvac and paint. Also features neutral colors, lots of cabinet spaces, porch, deck, storage and mature shade trees. Home sits on 0.55 acre lot. Both sides rented at $750 each.
LOCATED ONE BLOCK OFF STATESVILLE RD AT INTERSECTION OF I77 & I85 EACH APARTMENT 650 SF to 750 SF + OR 21 TOTAL APTS / 14 SINGLE STORY APTS / 7 TWO STORY APTS 2 BR / 1 BATH APARTMENTS; LIVING ROOM, KITCHEN; CENTRAL AIR & HEAT TENANT PAYS ALL UTILITIES 2012 GROSS INCOME: $125,100 / NET INCOME: $96,614 PRICE $649,000 CAP RATE 14.9%
LOCATED ONE BLOCK OFF W. ARROWOOD RD. ½ MILE FROM S. BLVD EACH APARTMENT 1400 SF + OR 3 BR / 2 BATH APARTMENTS; LIVING / FAMILY ROOM, KITCHEN; DINETTE WASHER DRYER HOOK UPS; CENTRAL AIR & HEAT 2012 GROSS INCOME: $55300* / NET INCOME: $41298 Note: Gross income includes $900 month for apartment # 520 which is currently occupied by manager (manages several complexes for owner) for which currently no rent is paid. PRICE $369,000 CAP RATE 11.19%
Was $1,150,000 Ideal for redevelopment. 1.93 acres comprised of 8 1536 sf buildings consisting of 16 units presently rented on short-term leases. Brings in $70k per yr. Zoned R22 Multi-Family, bus stop at site, surrounding by medical buildings, county offices and convenient to shopping. Near a church and school. Medical office building possible or 40 apartments. Sewered.
4 1800sf fully leased live/work condo unite available. Excellent packaged investment opportunity. Each unit features a garage & optional office on 1st floor, open living area on 2nd, and 2 full bedrooms on the 3rd. Completed in 2007, and opening pricing was $400k each. Current income / expense info available on request. Please do NOT contact residents.
We are pleased to present the opportunity to acquire a portfolio of 7 single family residence in Charlotte North Carolina. Notes: 6 properties have been renovated in 2012. 1 property needs an estimated $13,000 in capital improvements: HVAC, windows and other minor renovations. Repairs can be completed within two weeks. All financial data provided is given for information purposes and is not guaranteed. All parties should perform their own market feasibility study to determine the soundness of the financial data provided and the physical condition of the property
62,539 SFPrice Upon Req.
This offering includes the opportunity to purchase 56 units in West Charlotte, NC. Bent Oaks Apartments has recently undergone significant Capital Expenditures for new Architectural roofs, new exterior paint, new insulation, and installation of a water sub-metering system, which is in the process of being transferred over to the tenants. This complex has seen a gain in NOI of over $78,000 from 2012 to 2013, and is on a continuing trend in 2014.
Saratoga Place consists of 15 two bedroom/1 bath units and 5 three bedroom/1 bath units. The interiors have been completely renovated in 2007 and 2008 with new kitchens, baths, and appliances. An excellent occupancy history and many long term tenants.