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Key Details
Sold Price $1,250,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 7,260 sqft
Price per Sqft $172
MLS Listing ID 4339889
Bedrooms 20
Full Baths 10
Year Built 1963
Lot Size 1.030 Acres
Property Sub-Type Apartment
Purchase Type For Sale
Property Description
This 10-unit multifamily asset offers an attractive lease-up and stabilization opportunity in North Charlotte's active growth corridor. The property is currently ~30% occupied, with the majority of units renovated and vacant units rent-ready, allowing for immediate income growth with minimal remaining CapEx. All units are 2BR/1BA with an average size of ~726 SF, supporting strong in-place rent rates and market rent levels. Located minutes from Camp North End and less than 10 minutes from Uptown Charlotte, the asset benefits from durable rental demand driven by nearby development and limited workforce housing supply.
Location
State NC
County Mecklenburg
Zoning N2-B
Interior
Heating Central
Cooling Central Air
Laundry In Unit
Building
Foundation Crawl Space
Sewer Public Sewer
Water City
Structure Type Brick Full
New Construction false
Schools
Elementary Schools Unspecified
Middle Schools Unspecified
High Schools Unspecified
Others
Special Listing Condition None
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© 2026 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Bought with Comfort Nwosu • Comfortngroup LLC
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