Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1954
Sq.Footage
1,804
Investor Gem! Turnkey 4-unit (4-1BR studios) on 0.31 acres in red-hot Enderly Park — fully managed by PM, tenants pay every utility, and it’s never sat through an extended vacancy. In-place rents still trail the market, so the Property is a 4plex multifamily, not a SFH home as listed above. Upside is baked in and ready: lease renewals on two units just came in higher for the upcoming lease year. Units 1–3 were taken down to rehab two years ago and Unit 4 sits in original condition — an est. ~$10K refresh forces appreciation through higher rents and property value. Property has a large, unused walk in basement that could be permitted and converted to a 5th apartment. Private, exclusive parking lot — no shared drives, no neighbor friction. New construction is trading from the low $500Ks right around the block. Walkable to the West End boom on Tuckaseegee Rd: the 27-acre Savona Mill redevelopment (Savona Food Works food hall, 300+ apartments), the $80M Lower Tuck warehouse conversion, and Station West. 10 minute walk to Stewart Creek Greenway running straight to Uptown. Quick hits to Freedom Dr, Wilkinson Blvd, I-85 and I-77. Cash flows today, added appreciation tomorrow. Buy and hold or buy for a future build — your choice in the one neighborhood with unlimited momentum and growth!
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Above Grade Finished Area
1804.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Electric
-
Pet friendly
No
Exterior
-
Garage
No
-
Construction Materials
Block
-
Patio and Porch Features
Deck
-
Pool
No
Area & Lot
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
Price
-
Sales Price
$550,000
-
Sq. Footage
1,804
-
Price/SqFt
$304
HOA
-
Association
No
School District
-
Elementary School
Ashley Park
-
Middle School
Ashley Park
-
High School
West Charlotte
Property Features
-
New Construction
NO
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Mecklenburg
Elementary School
Ashley Park
Middle School
Ashley Park
High School
West Charlotte
Listing Courtesy of Randy McCray , Mark Spain Real Estate
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Jen Audier
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