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Property Description |
2 single family homes for one price each unit have 2 beds, 1 bath, living area, breakfast area and laundry area with recent upgrades, located in one of the fastest developing areas of Charlotte, and less than 5 minutes from the Heart of Uptown Charlotte, right at the intersection of 2 major highways 77 & 85. Walking distance to City transportation, and Just behind a major residential development. Lots of new construction is going on in this area. An Investors Dream or a Savy homeowner who wants to live in one home and make money on the other one. This property has a huge potential up to $31,425 annual gross income. You're looking at a possible 7.5% cap Rate. Multiple options you can start collecting the cash now and sell later with a huge profit after few years or just keep the property and grow with the City of Charlotte providing affordable homes. |
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