Price Reduced ListingRare opportunity to acquire two fully occupied duplexes (4 total units) in Charlotte with immediate cash flow and significant upside potential. This turnkey investment features four 2-bedroom, 1-bath units, each approximately 838 square feet, with strong rental demand in an established location. Three of the four units are currently leased below market value, providing a clear value-add opportunity for increased future returns, while one recently leased unit demonstrates current market rental potential. Whether you're looking to expand your portfolio, complete a 1031 exchange, or secure a long-term buy-and-hold asset, this property offers stable income today with room for growth tomorrow. Conveniently located near major highways, shopping, dining, and employment centers, this is an investment opportunity that is increasingly difficult to find in today's market.
| MLS # | 4401539 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1976 |
| Days On Site | 51 |
| Listing Provided By | EXP Realty LLC Ballantyne | Alexis Hughes |
| Bed(s) | 8 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 3,352 |
| Story(s) | 1 |
| Acreage | 1.48 |
| Cooling | Electric |
|---|---|
| Heating | Electric |
| Appliances | Dishwasher |
| Construction Materials | Brick Full |
|---|---|
| Foundation Details | Slab |
| Garage Yes / No | No |
|---|---|
| Parking Features | Parking Space(s) |
| List Aor | Canopy Realtor Association |
|---|
| Property | 270100 |
|---|
| State | NC |
|---|---|
| County | Mecklenburg |
| City | Charlotte |
| Zip Code | 28216 |
| Area | Mecklenburg |
| School District | Unspecified |
| Elementary School | Unspecified |
| High School | Unspecified |
| Listing VS Median (in 28216) | |
Price: $620,000 low | high Med: $330,000 sqft: 3,352 low | high Med: 1,656 $ / sqft: $185 low | high Med: $200 On site: 51 low | high Med: 85 | |
| State | NC |
|---|---|
| County | Mecklenburg |
| City | Charlotte |
| Zip Code | 28216 |
| Area | Mecklenburg |
| School District | Unspecified |
| Elementary School | Unspecified |
| High School | Unspecified |
| Listing VS Median (in 28216) | |
Price: $620,000 low | high Med: $330,000 sqft: 3,352 low | high Med: 1,656 $ / sqft: $185 low | high Med: $200 On site: 51 low | high Med: 85 | |