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828-674-0900
Real Estate Company
2019 St Mark Street, Charlotte, NC 28216
- $200,000
- 2
- BD
- 2
- BA
- 926
- SqFt
- List Price
- $200,000
- MLS#
- 4422684
- Status
- ACTIVE
- Property Type
- Residential
- Distressed Property
- Yes
- Year Built
- 1954
- Days on Market
- 13
- Bedrooms
- 2
- Bathrooms
- 2
- Full Baths
- 2
- Lot Size
- 6,316
- Lot Size Area
- 0.145
- Living Area
- 926
- Sq Ft Total
- 926
- County
- Mecklenburg
- Subdivision
- Biddleville Heights
Property Description
Investors, here's your chance to buy a great cash flowing property just outside of Uptown Charlotte! Only 1 mile to the French St Gold Line Station which connects you to Uptown, Elizabeth and Plaza Midwood. Just over a mile to Johnson C Smith University and less than 3 miles to Uptown Charlotte, this area is already seeing tear downs for new construction and a business corridor that is growing and changing with new investment. Tenant in place through June '27, no rental prep needed and immediate stream of cash flow already in place. Tenant pays $1,450/mo in rent, equating to roughly 8.7% gross rent yield. It is very hard to find properties anywhere in Charlotte proper for $200k, much less in a neighborhood with huge upside! Great opportunity for investors looking for a solid 2-bedroom, 2-bathroom brick property with immediate cash flow. An excellent addition to your rental portfolio! Property does have an active tenant in place until June 30, 2027.
Additional Information
- Equipment
- Bar Fridge, Oven
- Foundation
- Slab
- Main Level Rooms
- Bathroom-Full, Primary Bedroom, Bedroom(s), Bathroom-Full, Kitchen, Living Room, Office
- Laundry Location
- In Kitchen
- Heating
- Electric
- Water
- City
- Sewer
- Public Sewer
- Exterior Construction
- Brick Full
- Parking
- Driveway
- Driveway
- Concrete, Paved
- Elementary School
- Bruns Avenue
- Middle School
- Ranson
- High School
- West Charlotte
- Special Conditions
- Subject to Lease
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Listing courtesy of COMPASS. chip.jetton@compass.com
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