2019 St Mark Street, Charlotte, NC 28216

$200,000
2
BD
2
BA
926
SqFt

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List Price
$200,000
Status
ACTIVE
MLS#
4422684
Days on Market
35
Year Built
1954
Levels
One
Bedrooms
2
Bathrooms
2
Full-baths
2
Living Area
926
Acres
0.15
Neighborhood
Biddleville Heights

Property Description

Investors, here's your chance to buy a great cash flowing property just outside of Uptown Charlotte! Only 1 mile to the French St Gold Line Station which connects you to Uptown, Elizabeth and Plaza Midwood. Just over a mile to Johnson C Smith University and less than 3 miles to Uptown Charlotte, this area is already seeing tear downs for new construction and a business corridor that is growing and changing with new investment. Tenant in place through June '27, no rental prep needed and immediate stream of cash flow already in place. Tenant pays $1,450/mo in rent, equating to roughly 8.7% gross rent yield. It is very hard to find properties anywhere in Charlotte proper for $200k, much less in a neighborhood with huge upside! Great opportunity for investors looking for a solid 2-bedroom, 2-bathroom brick property with immediate cash flow. An excellent addition to your rental portfolio! Property does have an active tenant in place until June 30, 2027.

Additional Information

Appliances
Bar Fridge, Oven
Cooling
Central Air
Heating
Electric
Foundation
Slab
Exterior Finish
Brick Full
Parking
Driveway
Water
City
Sewer
Public Sewer
Elementary School
Bruns Avenue
Middle School
Ranson
High School
West Charlotte

Listing courtesy of COMPASS. chip.jetton@compass.com

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