2427 Carmine Street, Charlotte, NC 28206

$1,250,000
17
BD
6,517
SqFt

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List Price
$1,250,000
Status
ACTIVE UNDER CONTRACT
MLS#
4339842
Days on Market
234
Year Built
1963
Bedrooms
17
Full-baths
11
Living Area
6,517
Acres
0.76

Property Description

This 11-unit multifamily asset offers a straight-forward value-add opportunity in North Charlotte's path of growth. The property is currently ~45% occupied, with some vacancies immediately rent-ready and others requiring finishing the renovation plan to drive NOI growth. The unit mix consists of six 2BR/1BA units and 5 1BR/1BA units. Significant capital improvements have been carried out by current ownership including exterior, roof, HVACs, and multiple unit renovations.

Additional Information

Appliances
Dishwasher, Electric Range, Microwave, Refrigerator
Cooling
Central Air, Electric
Heating
Central
Foundation
Crawl Space
Exterior Finish
Brick Full
Parking
Parking Lot
Water
City
Sewer
Public Sewer
Elementary School
Unspecified
Middle School
Unspecified
High School
Unspecified

Listing courtesy of Britt Commercial Real Estate, LLC. zbritt@brittcre.com

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