1,804 SqFt
1,804 SqFt
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,804 sqft
Price per Sqft $304
Subdivision Summit View
MLS Listing ID 4401707
Abv Grd Liv Area 1,804
Year Built 1954
Lot Size 10,890 Sqft
Acres 0.25
Property Sub-Type Fourplex
Property Description
Upside is baked in and ready: lease renewals on two units just came in higher for the upcoming lease year. Units 1–3 were taken down to rehab two years ago and Unit 4 sits in original condition — an est. ~$10K refresh forces appreciation through higher rents and property value. Property has a large, unused walk in basement that could be permitted and converted to a 5th apartment.
Private, exclusive parking lot — no shared drives, no neighbor friction. New construction is trading from the low $500Ks right around the block.
Walkable to the West End boom on Tuckaseegee Rd: the 27-acre Savona Mill redevelopment (Savona Food Works food hall, 300+ apartments), the $80M Lower Tuck warehouse conversion, and Station West. 10 minute walk to Stewart Creek Greenway running straight to Uptown. Quick hits to Freedom Dr, Wilkinson Blvd, I-85 and I-77.
Cash flows today, added appreciation tomorrow. Buy and hold or buy for a future build — your choice in the one neighborhood with unlimited momentum and growth!
Location
State NC
County Mecklenburg
Zoning N1-C
Rooms
Basement Exterior Entry
Interior
Heating Electric
Cooling Central Air
Flooring Laminate, Tile
Fireplace false
Appliance Electric Water Heater, Oven, Refrigerator, Washer/Dryer
Laundry In Kitchen
Exterior
Waterfront Description None
Roof Type Architectural Shingle
Street Surface Asphalt,Concrete
Porch Deck
Garage false
Building
Dwelling Type Site Built
Foundation Basement
Sewer Public Sewer
Water City
Structure Type Block
New Construction false
Schools
Elementary Schools Ashley Park
Middle Schools Ashley Park
High Schools West Charlotte
Others
Pets Allowed No
Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Subject to Lease
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