4 Beds
3.5 Baths
9,696 SqFt
4 Beds
3.5 Baths
9,696 SqFt
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 9,696 sqft
Price per Sqft $233
MLS Listing ID 4428672
Bedrooms 4
Full Baths 3
Half Baths 1
Construction Status Completed
HOA Fees $285/mo
HOA Y/N 1
Abv Grd Liv Area 9,696
Year Built 2024
Lot Size 0.435 Acres
Acres 0.435
Property Sub-Type Fourplex
Property Description
Each townhome features an open-concept layout connecting the kitchen, dining, and living areas, along with luxury vinyl plank flooring, tile bathrooms, quartz countertops, and stainless steel appliances. Dual HVAC electric heat pump systems provide separate climate control, while private rooftop terraces with artificial turf create additional outdoor living space and offer long-range views. Two-car garages and additional overflow parking provide convenient parking for residents and guests.
Several units are currently utilized as furnished mid-term rentals, generating up to $4,663 per month per unit, with additional success operating as short-term rentals. A few of the 4-bedroom units have also been operated as active short-term rentals and are professionally managed, with furnishings available for purchase, providing a potential turnkey opportunity. The properties offer flexibility for traditional long-term rentals, corporate housing, short-term rentals, or personal use.
Located with convenient access to Charlotte Douglas International Airport, Uptown Charlotte, major highways, restaurants, entertainment, and the River District, this portfolio offers a compelling combination of newer construction, modern amenities, flexible use options, and a highly convenient Charlotte location.
Financing Options: Several financing options are available for this package. One prominent route is a 90% loan-to-value Wealth Structure designed for investors with $1M+ in liquid assets, allowing qualified investors to acquire the property while preserving capital. Key features include 90% loan-to-value financing, an interest-only payment option, no minimum loan amount, and the ability to control 100% of the asset with 10% equity. The structure may also reduce monthly outflow through an interest-only payment option. Property setup and short-term rental guidance are included, with exterior maintenance handled and an option to transition to professional management.
With turnkey modern units, versatile use options, and a prime Charlotte location, this 4-unit package offers multiple avenues for ownership and income generation. Contact the listing agent for additional property details, financial information, rental history, financing options, and to schedule a private tour!
Location
State NC
County Mecklenburg
Zoning UR-2(CD)
Interior
Heating Central, Electric, Heat Pump
Cooling Central Air, Electric
Appliance Dishwasher, Electric Range, Microwave, Refrigerator
Laundry Inside
Exterior
Garage Spaces 2.0
Roof Type Architectural Shingle
Street Surface Concrete,Paved
Garage true
Building
Dwelling Type Site Built
Foundation Slab
Sewer Public Sewer
Water City
Structure Type Brick Partial,Fiber Cement
New Construction true
Construction Status Completed
Schools
Elementary Schools Unspecified
Middle Schools Unspecified
High Schools Unspecified
Others
Pets Allowed Conditional
Senior Community false
Acceptable Financing Cash, Conventional, Owner Financing
Listing Terms Cash, Conventional, Owner Financing
Special Listing Condition None
Nearby Locations
Agent License ID: NC 265396 | SC 78690
+1(704) 241-5103 | chriscunningham.realtor@gmail.com