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1405 Catherine Simmons Avenue

Charlotte, NC 28216
  • $1,425,000
  • STATUS: Active
  • ON SITE: 80 Days
  • ID#: 4009716
UPDATED: 42 min ago
$1,425,000
  • 24
    BEDS
  • 1.33
    ACRES
  • 12
    BATHS
  • 0
    1/2 BATHS
  • 10,800
    SQFT
  • $132
    $/SQFT
Type:
Multi-Family
Built:
1961
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Canopy MLS logo Offered by Latria Incorporated: 704-614-1474. Copyright 2023 Canopy MLS. All rights reserved.

Description

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!

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MLS Grid logo Based on information submitted to the MLS GRID as of 2023-05-30T07:33:52.033 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither LePage Johnson Realty Group, LLC | eXp Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2023 Canopy MLS.

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1405 Catherine Simmons Avenue Charlotte, NC 28216

  • Price: $1,425,000
  • Status: Active
  • On Site: 80 Days
  • Updated: 42 min ago
  • ID#: 4009716
24
Beds
12
Baths
0
½ Baths
1.33
Acres
10,800
SQFT
$132
$/SQFT
1961
Built
County:
Mecklenburg
Area:
Charlotte
Elementary School:
Unspecified
Middle School:
Unspecified
High School:
Unspecified
Property Description
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!
Exterior Features

Architectural Style Ranch Carport Spaces 6 Carport YN Yes Construction Materials Brick PartialWood Construction Type Site Built Exterior Features Lawn Maintenance Fencing Back YardFenced Foundation Details Crawl Space Garage Square Footage 0 Garage YN No Lot Features Cul-De-SacLevelPaved Main Level Garage YN No Parking Features Attached CarportDrivewayParking Space(S) Road Responsibility Private Maintained Road Road Surface Type AsphaltPaved Roof Composition

Interior Features

Appliances Electric RangeRefrigerator Basement YN No Below Grade Finished Area 0 Building Area Total 10800 Cooling Central Air Fireplace YN No Heating Central Laundry Features Utility RoomWasher Hookup

Property Features

Assumable YN No CCRSubject To No City Taxes Paid To Charlotte Hoa Subject To None Listing Terms ConventionalOther - See Remarks Lot Size Dimensions 303X110x350x150x95x40 New Construction YN No Pets Allowed No Property Sub Type Apartment Restrictions No Representation Restrictions Description No Representation Senior Community YN No Sewer Public Sewer Special Listing Conditions None Tenant Pays All Utilities Water Source City



MLS Grid logo Based on information submitted to the MLS GRID as of 2023-05-30T07:33:52.033 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither LePage Johnson Realty Group, LLC | eXp Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2023 Canopy MLS.

Digital Millennium Copyright Act
 
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LePage Johnson Realty Group, LLC | eXp Realty
Serving Your Real Estate Needs In
Charlotte - Lake Norman NC,
Canopy MLS logo Offered by Latria Incorporated: 704-614-1474. Copyright 2023 Canopy MLS. All rights reserved.