$435,000
$475,000
8.4%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
2 Baths
1,230 SqFt
SOLD DATE : 02/18/2021
Key Details
Sold Price $435,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,230 sqft
Price per Sqft $353
Subdivision Cedar Park
MLS Listing ID 3694415
Sold Date 02/18/21
Style A-Frame
Bedrooms 4
Full Baths 2
Year Built 1951
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Multi-Family
Property Description
Excellent Opportunity - Outstanding Location near Sedgefield - SouthEnd Charlotte! Amazing corner lot Duplex is well maintained with recent updates. This amazing property can either be a passive investment or a means to live in one side and offset your monthly expenses (house hack method). Each apartment home comes with its own appliances: (Stove, Fridge, Microwave and Dishwasher. Washers and Dryers are owned by the tenant. Rent market studies show that the value add can be achieved by raising rents to $1350-1375 minimum each side. Both sides currently rented. Supply washer and dryers and create additional revenue. Enjoy the privacy of your own backyard with a patio perfect for grilling and entertaining. Off the street parking. Short walk to Freedom Park, Breweries, Shopping, Light Rail Station Scaleybark and so much more community amenities and attractions. Property Recently Appraised at $475,000!
Location
State NC
County Mecklenburg
Interior
Heating Heat Pump, Heat Pump
Flooring Tile, Wood
Fireplace false
Appliance Ceiling Fan(s), CO Detector, Electric Cooktop, Disposal, Refrigerator
Laundry Closet
Exterior
Exterior Feature Fence, Shed(s)
Street Surface Gravel
Building
Building Description Brick Partial, Duplex
Foundation Brick/Mortar, Crawl Space
Sewer Public Sewer
Water Public
Architectural Style A-Frame
Structure Type Brick Partial
New Construction false
Schools
Elementary Schools Dilworth Latta Campus/Dilworth Sedgefield Campus
Middle Schools Sedgefield
High Schools Myers Park
Others
Pets Allowed Yes
Acceptable Financing Cash, Conventional, VA Loan
Listing Terms Cash, Conventional, VA Loan
Special Listing Condition Subject to Lease
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© 2025 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Bought with Dwayne Heigh • Costello Real Estate and Investments
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "