This 7-unit multifamily asset presents a heavy value-add opportunity in North Charlotte with upside driven by full renovation and lease-up. The property is currently ~14% occupied, with six vacant units requiring interior renovations to stabilize operations and drive NOI growth. Major capital items including the roof and HVAC systems have already been addressed, reducing execution risk and allowing future capital to focus on unit-level improvements. Located minutes from Camp North End and less than 10 minutes from Uptown Charlotte, the asset sits directly in the path of growth within an active redevelopment corridor.
Property Type(s):
Multi Family
|
Year Built
|
1964
|
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 |
0.45 acre(s) |
| LOT DIMENSIONS |
0.45 |
| MLS STATUS |
Active |
| PARKING |
Parking Lot |
| SEWER |
Public Sewer |
Location
Listed with Britt Commercial Real Estate, LLC
Date last updated: 1/22/26 5:26 PM PST
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