Rare double-parcel investment opportunity in Charlotte, NC 28208! This 3-bedroom, 1-bathroom single-family home sits on a combined 0.78 acres, with an additional parcel included in the sale. Priced at just $249K, this property offers multiple potential exit strategies, including a fix-and-flip with a $350K ARV or a new construction opportunity with a projected $700K+ ARV. The substantial combined lot size creates an attractive opportunity for investors and builders looking to capitalize on Charlotte's real estate market. Ideal for investors seeking flexibility between renovating the existing home and exploring new development potential.
Notes:
Two parcels convey with the sale
Additional parcel: 06507102
Combined lot size: 0.78 acres
Vacant at closing
Title: Becton Law Firm LLC
COE: November 16, 2026
Access: Lockbox
Potential fix-and-flip or new construction exit
Comparable Sales:
Flip ARV: $350,000
New Build ARV: $700,000+
No specific comparable sales provided
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Nearby Markets12 cities · 8 counties · 12 ZIP codes
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ARV $700,000
From the listing
The seller picked no comps. Investimate’s own value for this home is $300,000.