2427 Carmine Street, Charlotte, NC 28206

$1,250,000
17
BD
6,517
SqFt

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Listing courtesy of Britt Commercial Real Estate, LLC. zbritt@brittcre.com

List Price
$1,250,000
MLS#
4339842
Status
ACTIVE
Days on Market
187
Property Type
Residential Income
Year Built
1963
Bedrooms
17
Full Baths
11
Lot Size
33,105
Lot Size Area
0.76
Living Area
6,517
Sq Ft Total
6517
County
Mecklenburg
Special Conditions
None

Property Description

This 11-unit multifamily asset offers a straight-forward value-add opportunity in North Charlotte's path of growth. The property is currently ~45% occupied, with some vacancies immediately rent-ready and others requiring finishing the renovation plan to drive NOI growth. The unit mix consists of six 2BR/1BA units and 5 1BR/1BA units. Significant capital improvements have been carried out by current ownership including exterior, roof, HVACs, and multiple unit renovations.

Additional Information

Equipment
Dishwasher, Electric Range, Microwave, Refrigerator
Foundation
Crawl Space
Laundry Location
In Unit
Heating
Central
Water
City
Sewer
Public Sewer
Exterior Construction
Brick Full
Parking
Parking Lot
Driveway
Asphalt, Paved
Elementary School
Unspecified
Middle School
Unspecified
High School
Unspecified
Total Property HLA
6517

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Calculator source: Real Geeks

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