💸Investment Goldmine: Rare Charlotte Property - Renovate and Profit🛠️

Welcome to an exciting investment opportunity in Charlotte, NC! This 3-bedroom, 2-bathroom property offers tremendous potential for investors to renovate, revitalize, and reap the rewards. With solid structural foundations and essential updates in place, it's a canvas ready for transformation. Located near schools, restaurants, parks, I-85, and Sugaw Creek Recreation Center.

PROPERTY FEATURES:

• Year Built: 1962
• Size: 1,152 sqft
• Bedrooms: 3
• Bathrooms: 2
• Mechanicals: HVAC (4 years old), Roof (15 years old), Windows Repaired (2011)

INTERIOR HIGHLIGHTS:

• Flooring: A mix of original hardwood, laminate, and plank tile flooring.
• Kitchen: Plank tile flooring. Cabinet replacements and repairs needed. There is a hole in the kitchen floor.
• Bathrooms: Both with tub/shower combinations. Minor updates needed, including laminate vanities.

EXTERIOR FEATURES:

• Carport: Undergoing updates to address damage.
• Storage Room: Additional functionality and potential.

MECHANICALS:

• HVAC System: 4 years old.
• Roof: 15 years old.
• Windows: Repaired in 2011.

ASKING PRICE: $200,000

Preferred Lender Link

Photo Link

COMPS

4501 Thornwood Rd, Charlotte, NC 28213 - SOLD $290K

3bd/2ba - 1,020 sqft

1105 Pondella Dr, Charlotte, NC 28213 - PENDING $253K

3bd/2ba - 1,150 sqft

4820 Fireside Dr, Charlotte, NC 28213 - FOR SALE $309K

3bd/2ba - 1,250 sqft

1655 Vancouver Dr, Charlotte, NC 28213 - FOR SALE $325K

3bd/2ba - 1,100 sqft

4731 Hidden Valley Rd, Charlotte, NC 28213 - FOR RENT $1,400/mo

3bd/1ba

514 Yuma St, Charlotte, NC 28213 - FOR RENT $1,695/mo

3bd/2ba - 1,222 sqft

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PROPERTY IS VACANT

PLEASE CALL TO SCHEDULE SHOWINGS

CLOSE OF ESCROW 11/30/2023