Property Details - 650 Northway Drive, Charlotte 28208
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County Subdivision
Mecklenburg Thomasboro
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MLS # Price BR BA Sqft Acres Year Built $/Finished Sqft
3894820 $575,000 8 4 3,600 0.28 1969 $159.00

Area Statistics (All listings < 5 mile)
# Avg Price Min Price Max Price Avg Sqft Avg Acres $/Finished Sqft
4 $244,050 $1,200 $575,000 1,600 0.14 $138.02

Fourplex apartment building located minutes from uptown, airport and interstates in the Thomasboro community. This has been a wonderful investment. VERY low maintenance and low turnover. Market rent is $1200 per unit. Owner is licensed NC Real Estate Broker. Management services available. Many upgrades have been made over the last ten years, including roof, windows, vinyl siding, cabinets/countertops, vanities, flooring, etc. Three of four units have updated electrical service panels. Electric baseboard heat and window units for A/C. Quote of $5k per unit to add mini split systems. One Section 8 tenant. Fridges and ranges belong to owner, and convey. Property has one vacant unit currently, and it will be marketed for $1200. New photos coming soon! Quick, cash close is preferred. No owner financing considered. Only selling to build our forever home.

Type Description
BasementSlab
Business TypeMulti-Family
DriveAsphalt
FoundationSlab
Garage/carportParking Space - 4+
HeatingBaseboard, Wall Unit(s), Window Unit(s)
Lot DescriptionCorner Lot, Level
Owner ExpensesWater
SewerPublic Sewer
StreetDrive
WaterPublic
Listing provided by: First Investor Realty & Management     


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