CHARLOTTE, NC 28216

OverviewLocated in the Glenlea Park community of Northwest Charlotte, this 1,260-square-foot townhome sits directly off the Sunset Road corridor and Beatties Ford Road. The property is 2.5 miles from I-77 (Exit 16A) and provides immediate access to the I-485 loop for travel across the Charlotte metro area. Commuters are 9 miles from Uptown Charlotte, offering direct routes to major employer hubs, Bank of America Stadium, and Spectrum Center. Nearby commercial centers include Riverbend Village, Northlake Mall, and a local Food Lion anchor. Outdoor recreation is accessible within minutes at Mountain Island Lake, Latta Nature Preserve, and the US National Whitewater Center.

Investment BreakdownFLIP:ARV: $240,000Purchase Price: $170,000Rehab: $15,000All in: $185,000Gross Profit $55,000RENTAL:Purchase $170,000 + Rent Ready Rehab $15,000 = $185,000$1,750/mo Market Rent-$142/mo Tax-$262/mo HOA-$80/mo Insurance$1,266 Monthly Cash Flow × 12 = $15,192 Annual Cash Flow$185,000 Investment = 8.2% Annual Cash-on-Cash Return

**Property Address:** 4146 Glenlea Commons Dr Charlotte NC 28216

**Asking Price:** $170,000

Property Details

• Type: Townhome

• Specs: 2 bed / 2.5 bath

• Size: 1,260 sqft on 0.02 acres

• Year Built: 2002

Occupancy: ?AS-IS PURCHASEPREFERRED LENDER

Big Ticket ItemsROOF— 2020HVAC — 2023HWH — 2023UTILITIES — CITY WATER AND SEWERFOUNDATION — SLAB Comparable Sales Breakdown

SALE• 5220 Glenlea Walk Ln, Charlotte, NC 28216–  Sold @: $230,600– Listing: HERE SALE• 4018 Glenlea Commons Dr, Charlotte, NC 28216–  Sold @: $240,000– Listing: HERE SALE• 5310 Glenlea Walk Ln, Charlotte, NC 28216–  Sold @ $235.000– Listing: HERE

RENTAL• 5805 Greenway Vista Ln, Charlotte, NC 28216–  Rental @ $1,7552 BED 2 BATH– Listing: HERE

RENTAL• 1438 Capps Hill Mine Rd, # C, Charlotte, NC 28216–  Rental @ $1,675– Listing: HERE

RENTAL• 4058 Glenlea Commons Dr, Charlotte, NC 28216–  Rental @ $1,790– Listing: HERE

Next Steps

• Contact Jason Martinez 984-355-9900 if you need more information
• Schedule a property walkthrough
• Make an offer directly on this page

DisclaimersIMPORTANT: Buyer is responsible for conducting their own due diligence. This is an as-is opportunity. All information provided is believed to be accurate but not guaranteed. This opportunity is offered to qualified real estate investors only. This is not a retail property listing and no real estate agent relationships are implied or established through this marketing material.

Time-sensitive opportunity - this contract is being offered to multiple investors