4102 Craig Avenue, Charlotte, NC 28211
- $2,950,000
- 18
- BD
- 11,268
- SqFt
Listing courtesy of BnBCabins Inc. wataugarealtor@gmail.com
- List Price
- $2,950,000
- MLS#
- 4399631
- Status
- ACTIVE
- Days on Market
- 2
- Property Type
- Residential Income
- Year Built
- 1961
- Bedrooms
- 18
- Full Baths
- 18
- Lot Size
- 38,332
- Lot Size Area
- 0.88
- Living Area
- 11,268
- Sq Ft Total
- 11268
- County
- Mecklenburg
- Special Conditions
- None
Property Description
Located in the heart of Charlotte's desirable Cotswold neighborhood, this 18-unit multifamily property offers a rare mix of immediate stability and long-term upside. Spread across four buildings on two distinct parcels (4102 Craig Ave and 1401 Falcon St), the portfolio consists entirely of easily leasable 1BR/1BA floor plans. Recent interior renovations, including modernized kitchens and baths, limit upfront capital expenditures. Investors can capitalize on historically strong tenant demand in the 28211 zip code while systematically capturing market-rate premiums to drive revenue growth. Buildings are at full occupancy except for one unit held open for showings. Ask about our other properteries -- this seller has 124 units for sale at 5 different complexes, all 1, 2, and 3 bedroom.
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Additional Information
- Community Features
- Sidewalks, Street Lights
- Floor Coverings
- Tile, Wood
- Equipment
- Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Oven, Refrigerator
- Foundation
- Crawl Space
- Laundry Location
- None
- Heating
- Electric, Natural Gas, Separate Meters
- Water
- City
- Sewer
- Public Sewer
- Exterior Construction
- Brick Full
- Roof
- Architectural Shingle
- Parking
- Parking Lot
- Driveway
- Asphalt, Paved
- Lot Description
- Corner Lot, Paved
- Elementary School
- Billingsville Cotswold
- Middle School
- Alexander Graham
- High School
- Myers Park
- Total Property HLA
- 11268
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