Excellent Charlotte investment opportunity now available! This fully leased condo, rented at $1450/mo, presents a turnkey asset with immediate cash flow. The property is generating a strong Net Operating Income (NOI) of $11,987. For an investor utilizing financing, this translates to an impressive 9% cash-on-cash return after debt service. This… Read More is a rare chance to acquire a stable, income-producing property with a proven performance history, offering a hands-off investment with strong returns. Do not miss this opportunity to invest in one of the fastest growing market in USA! Read Less
Courtesy of Keller Williams Connected, Mike Morrell, [email protected].
Listing Snapshot
Days Online
22
Last Updated
Property Type
Condominium
Beds
2
Full Baths
2
Square Ft.
881
Year Built
1986
MLS Number
4305440
30 Days Snapshot Of 28215
$398k
+3%
(avg) sold price
88
-5%
homes sold
48
+14%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Description: "Dishwasher", "Electric Range", "Electric Water Heater", "Refrigerator", "Washer/Dryer"
Building
Finished Area Above Grade: 881, Area: 881, Architecture: "Traditional", Building Area: 881, Construction Materials: "Vinyl", Year Built: 1986, Construction Type: Site Built
Cooling
Details: "Ceiling Fan(s)", "Central Air"
Exterior Features
Features: "Lawn Maintenance"
Floors
Flooring: "Vinyl"
Heating
Heating: "Central"
Home Owner's Association
Dues Frequency: Monthly, Fee: 334.29
Laundry
Description: "Laundry Room"
Pets Policy
Description: "No"
Utilities
Sewer: "Public Sewer", Water Source: "City"
Lot
Land Included Y/N: 0
Garage
Man Level Garage: 0
Interior Features
SqFt Lower: 0, Main SqFt: 881, Third SqFt: 0, Unheated Total SqFt: 0
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Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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