4520 Morningwood Drive Unit #4, Matthews, NC 28105

$150,000
2
BD
1
BA
720
SqFt

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Listing courtesy of Howard Hanna Allen Tate SouthPark. walt.sikes@allentate.com

List Price
$150,000
MLS#
4394432
Status
PENDING
Days on Market
40
Property Type
Residential
Distressed Property
Yes
Year Built
1969
Bedrooms
2
Bathrooms
1
Full Baths
1
Lot Size
10,018
Lot Size Area
0.23
Living Area
720
Sq Ft Total
720
County
Mecklenburg
Subdivision
Eastwood Forest
Special Conditions
Subject to Lease

Property Description

This is a great opportunity for investors to acquire an investment asset featuring a mobile home on a .23-acre lot in one of Matthews’ most desirable areas. The primary value is in the land, which offers tremendous potential within a rapidly developing subdivision surrounded by new site-built homes. The property is ideally located just minutes from downtown Matthews, providing easy access to I-485, local schools, shopping, the Four Mile Creek Greenway, and community events. It also offers a convenient commute to Charlotte and the surrounding area. Sold "as-is, where-is" and subject to the seller’s life estate. Cash offers only with Proof of Funds (POF).No HOA. Electricity is provided by Duke Energy, water by Carolina Water Service, and sewer is on septic. The property may qualify for a Matthews Accessory Dwelling Unit (ADU); please refer to the attached regulations or contact Matthews Planning for building requirements and restrictions. Do not walk the property or disturb the tenant. The seller has never lived in the home and makes no representations regarding the structure. For more information regarding the life estate, property details, or showings, please call listing agent. No showings allowed.

Additional Information

Fireplace
Yes
Floor Coverings
Linoleum
Equipment
Electric Range, Electric Water Heater, Refrigerator
Foundation
Permanent
Main Level Rooms
Primary Bedroom, Bedroom(s), Kitchen, Dining Area, Bathroom-Full, Living Room, Flex Space
Laundry Location
Laundry Closet
Heating
Central, Forced Air, Oil
Water
Community Well
Sewer
Septic Installed
Exterior Features
Storage
Exterior Construction
Metal
Parking
Driveway
Driveway
Gravel, Paved
Lot Description
Level, Wooded
Elementary School
Matthews
Middle School
Crestdale
High School
Butler
Total Property HLA
720
Master on Main Level
Yes

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Term of Loan
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Calculator source: Real Geeks

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