Sold
1405 Catherine Simmons Avenue
Charlotte NC, 28216
$1,350,000
$125.00 per sqft
Sold
24 Beds
12 Baths
10,800 sqft
Condo
Built in 1961
ATTENTION ALL INVESTORS! Here's your chance to own a turn-key 12 unit apartment building in Charlotte NC. 12 units. 100% occupied. Individually metered so tenants pay for gas, electric, and water. All units are 2 bed / 1 bath with central HVAC and laundry hook ups. 9 of 12 units have been updated in last 12 months. Has great cash flow and located in an Opportunity Zone for those interested in the tax advantages. Great management team already in place and room to increase rents. Located near Uptown Charlotte, this area is prime for future development. Charlotte has ranked as a top location for investment the last 3 years. No more than 25% Seller financing available for qualified buyers with acceptable terms. Financials available upon request. Serious inquiries only, please!
4009716
MLSⓇ ID
March 10, 2023
Listed
February 16, 2024
Updated
Map
1405 Catherine Simmons Avenue
Charlotte NC, 28216
Interior Features
Total Stories
1
Bedrooms
24 Beds
Bathrooms
12 Baths
Appliances
Electric Range, Refrigerator
Laundry Description
Utility Room, Washer Hookup
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
1.33 Acres
Exterior Features
Lawn Maintenance
Lot Features
Cul-De-Sac, Level, Paved
Architectual Style
Ranch
Roof
Composition
Sewer
Public Sewer
School Information
High School
Unspecified
Elementary School
Unspecified
Other Property Details
Days on Market
104
Garage
No
Parking
Attached Carport, Driveway, Parking Space(s)
View
No
County
Mecklenburg
Water Source
City
Pool
No
Buyer Agency Compensation
2%
Listing History
Date | Event | Price |
---|---|---|
9/23/2023 | Price Change | $1,350,000 -4% |
9/23/2023 | Sold | $1,350,000 |
6/27/2023 | Pending | — |
6/11/2023 | Price Change | $1,399,000 -2% |
5/12/2023 | Price Change | $1,425,000 -3% |