Photo 1 of 1
$125,000
Sold on 9/22/21
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
2 |
1.00 |
915 |
|
1965 |
On the market:
22 days
|
View full details, 15 photos, school info, and price history
Amazing opportunity to own a full brick Condo with positive cash flow near HOT and desirable neighborhoods Noda and Plaza Midwood right off the Plaza Rd and just 12 minutes from uptown Charlotte. Great investment with low maintenance and potential for significant rental increase. Or Provide tenant a notice to vacate and make it your personal residence. Tenant pays all utilities including lawn care. This well performing condo features about 915' with 2 bedrooms, 1 bath, living room and eat-in kitchen, laundry and concrete patio. Yearly rental income is $9,540 Market rents for units this size are $1100 (Potential yearly rent is $13,200 after some cosmetic renovation) Inherit a long term stable tenant that has never missed a payment even through the pandemic. ( DO NOT DISTURB TENANT. DO NOT WALK THE PROPERTY WITHOUT AUTHORIZATION). Viewings ONLY after accepted contract. DD fee won't be due until the day of the walkthrough. Professional management company in place.
Listing courtesy of William Orozco, New View Realty Group