This 10-unit multifamily asset offers an attractive lease-up and stabilization opportunity in North Charlotte's active growth corridor. The property is currently ~30% occupied, with the majority of units renovated and vacant units rent-ready, allowing for immediate income growth with minimal remaining CapEx. All units are 2BR/1BA with an average size of ~726 SF, supporting strong in-place rent rates and market rent levels. Located minutes from Camp North End and less than 10 minutes from Uptown Charlotte, the asset benefits from durable rental demand driven by nearby development and limited workforce housing supply.
Property Type(s):
Multi Family
|
Year Built
|
1963
|
County
|
Mecklenburg
|
SCHOOLS
| Elementary School |
Unspecified |
| Jr. High School |
Unspecified |
| High School |
Unspecified |
Additional Details
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Dishwasher, Electric Range, Microwave, Refrigerator |
| BASEMENT |
Crawl Space |
| CONSTRUCTION |
Brick |
| HEAT |
Central |
| LOT |
1.03 acre(s) |
| LOT DIMENSIONS |
1.03 |
| MLS STATUS |
Active |
| PARKING |
Parking Lot |
| SEWER |
Public Sewer |
| STORIES |
1 |
Location
Listed with Britt Commercial Real Estate, LLC
Date last updated: 1/22/26 7:33 PM PST
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