RE/MAX Executive
GREAT REDEVELOPMENT OPPORTUNITY with this prime DILWOTH lot location close to uptown Charlotte. A classic style income producing duplex property currently exists on the lot. The property could be redeveloped for single family or multi-family. (Consult County zoning) Buyer can receive many great immediate benefits in the form of rental cash flow, tax savings, principal reduction & property appreciation while formulating any redevelopment plan. This property has an outstanding return on investment history (15.6% annual ROI) Many use options for this property might include- standard duplex rental, live in one side & rent the other side, renovate, expand, or build a new single family home. Located within walking distance to restaurants, shopping, Freedom Park, Latta Park and South End. Minutes from downtown, all sports arenas, the airport & major Hwys. Schools are among the best in the area. Please contact the listing agent for all questions or request for financials and rent information.
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MLS#: | 4084353 |
Price: | $819,000 |
Square Footage: | 2,021 |
Bedrooms: | 4 |
Bathrooms: | 2 Full |
Acreage: | 0.15 |
Year Built: | 1956 |
Elementary School: | Dilworth Latta Campus/Dilworth Sedgefield Campus |
Middle School: | Sedgefield |
High School: | Myers Park |
Waterfront/water view: | No |
Parking: | Driveway,On Street |
HVAC: | Central,Forced Air,Natural Gas |
Main level: | Bathroom-Full |
Virtual Tour: | Click here |
Listing Courtesy Of: | Greater Charlotte Properties - Frank@GreaterCharlotteProperties.com |