Rare opportunity to purchase a two-unit full-brick building in rapidly developing Lincoln Heights. New construction happening all around. Great income producing property! No short-term rental / Airbnb restrictions. Each unit features 3 bedrooms and 1 bathroom, with laundry hookups included for added convenience. Conveniently located near downtown, Uptown, the Music Factory, Brookshire, I-77, I-85, and I-277, making it easily accessible from various areas. Short walk to the future gold line station. This lot is zoned N2-B and can allow a quadplex.
One unit has a tenant paying $1475/month, with lease ending on 8/31/2024. The other unit has a tenant paying $1150/month, with lease ending on 9/30/2024. Home being sold AS-IS! Seller will NOT make any repairs. ***Please DO NOT disturb tenants. Showing available after under-contract. Interior photos were taken prior to current tenants.
Property Type(s):
Multi Family
|
Tract
|
Lincoln Heights
|
Year Built
|
1962
|
|
Community
|
Lincoln Heights
|
County
|
Mecklenburg
|
SCHOOLS
| Elementary School |
Bruns Avenue |
| Jr. High School |
Ranson |
| High School |
West Charlotte |
Additional Details
| AIR |
Ceiling Fan(s), Central Air |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Dryer, Electric Oven, Electric Range, Electric Water Heater, Refrigerator, Washer |
| BASEMENT |
Crawl Space |
| BUYER'S BROKERAGE COMPENSATION |
2 |
| HEAT |
Central |
| LOT |
8625 sq ft |
| MLS STATUS |
Active |
| SEWER |
Public Sewer |
| STYLE |
Other |
| SUBDIVISION |
Lincoln Heights |
Location
Listed with Sunrise Finance LLC
Date last updated: 1/6/25 7:07 AM PST
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