GREAT REDEVELOPMENT OPPORTUNITY with this prime DILWOTH lot location close to uptown Charlotte. A classic style income producing duplex property currently exists on the lot. The property could be redeveloped for single family or multi-family. (Consult County zoning for desired use) Buyer can receive many great immediate benefits in the form of rental cash flow, tax savings, principal reduction and property appreciation while formulating any redevelopment plan. This property has an outstanding return on investment history (15.6% annual ROI) Many use options for this property might include- standard duplex rental, 2-unit townhome, live in one side & rent the other side, renovate, expand, or build a new single family home. Located within walking distance to restaurants, shopping, Freedom Park, Latta Park and South End. Minutes from downtown, all sports arenas, the airport & major Hwys. Schools are among the best in the area. Please contact the listing agent for all questions.
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MLS#: | 4070105 |
Price: | $819,000 |
Acreage: | 0.15 |
Elementary School: | Dilworth Latta Campus/Dilworth Sedgefield Campus |
Middle School: | Sedgefield |
High School: | Myers Park |
Waterfront/water view: | No |
Virtual Tour: | Click here |
Listing Courtesy Of: | Greater Charlotte Properties - Frank@GreaterCharlotteProperties.com |