$800,000
For Sale

520 Lawrence Gray Road

Charlotte, NC 28262
Browse 34 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Builders, come take advantage of this prime location area to build multiple homes. This 3.24 acres is located right by Mallard Creek and 485. This land is zoned for single family residential but according to Char Meck Zoning, could support up to tri-plexes. It can not be rezoned multifamily. There is a home currently located on 1 of the 3 parcels. It appears to have good bones but needs a lot of rehab. From my estimation, you maybe able to get up to 8 homes on these lots. All 3 parcels to be sold together. City water available but not city sewer. The main for sewer stops at Mallard Woods. City says builder could connect to main but city will not do it. House being sold as is

  • Property Details
      • Lot FeaturesCleared, Cul-De-Sac, Sloped
      • Lot DescriptionCleared, Cul-De-Sac, Sloped
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Sewer InformationOther - See Remarks
      • Utility SourceCity
      • Utility FeaturesGas
  • Community and Neighborhood Details
      • Subdivisionnone
    • Location
      • Elementary SchoolMallard Creek
      • High SchoolMallard Creek
      • CountyMecklenburg
      • Middle SchoolRidge Road
  • Financial Details
      • Original List Price$800,000
      • Days on Market (Cumulative)13
  • Other
      • MLS #4179423

Location

Chris Cunningham | COMPASSReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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