Rare opportunity to purchase a two-unit full-brick building in rapidly developing Lincoln Heights. New construction happening all around. Great income producing property! No short-term rental / Airbnb restrictions. Each unit features 3 bedrooms and 1 bathroom, with laundry hookups included for added convenience. Conveniently located near downtown, Uptown, the Music Factory, Brookshire, I-77, I-85, and I-277, making it easily accessible from various areas. Short walk to the future gold line station. This lot is zoned N2-B and can allow a quadplex. One unit has a tenant paying $1475/month, with lease ending on 8/31/2024. The other unit has a tenant paying $1150/month, with lease ending on 9/30/2024. Home being sold AS-IS! Seller will NOT make any repairs. ***Please DO NOT disturb tenants. Showing available after under-contract. Interior photos were taken prior to current tenants.
MLS# | 4126575 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1962 |
Days On Site | 179 |
Listing Provided By | Sunrise Finance LLC | Amy Sun |
Bed(s) | 6 |
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Bath(s) | 2 Total |
SQ Feet | 1,524 |
Units | 2 |
Acreage | 0.20 |
State | NC |
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County | Mecklenburg |
City | Charlotte |
Zip Code | 28216 |
Area | Mecklenburg |
Community Name | Lincoln Heights |
School District | West Charlotte |
Elementary School | Bruns Avenue |
Middle School | Ranson |
High School | West Charlotte |
Listing VS Median (in Lincoln Heights) | |
Price: $400,000 low | high Med: $251,750 SqFt: 1,524 low | high Med: 1,476 $ / SqFt: $262 low | high Med: $175 On Site: 179 low | high Med: 89.000000 |