Description
GREAT REDEVELOPMENT OPPORTUNITY with this prime DILWOTH lot location close to uptown Charlotte. A classic style income producing duplex property currently exists on the lot. The property could be redeveloped for single family or multi-family. (Consult County zoning) Buyer can receive many great immediate benefits in the form of rental cash flow, tax savings, principal reduction & property appreciation while formulating any redevelopment plan. This property has an outstanding return on investment history (15.6% annual ROI) Many use options for this property might include- standard duplex rental, live in one side & rent the other side, renovate, expand, or build a new single family home. Located within walking distance to restaurants, shopping, Freedom Park, Latta Park and South End. Minutes from downtown, all sports arenas, the airport & major Hwys. Schools are among the best in the area. Please contact the listing agent for all questions or request for financials and rent information.
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4BEDS
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0.15ACRES
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2BATHS
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01/2 BATHS
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2,021SQFT
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$405$/SQFT
School Information
Offered by Greater Charlotte Properties: 704-370-6353. Copyright 2024 Canopy MLS. All rights reserved.Description
GREAT REDEVELOPMENT OPPORTUNITY with this prime DILWOTH lot location close to uptown Charlotte. A classic style income producing duplex property currently exists on the lot. The property could be redeveloped for single family or multi-family. (Consult County zoning) Buyer can receive many great immediate benefits in the form of rental cash flow, tax savings, principal reduction & property appreciation while formulating any redevelopment plan. This property has an outstanding return on investment history (15.6% annual ROI) Many use options for this property might include- standard duplex rental, live in one side & rent the other side, renovate, expand, or build a new single family home. Located within walking distance to restaurants, shopping, Freedom Park, Latta Park and South End. Minutes from downtown, all sports arenas, the airport & major Hwys. Schools are among the best in the area. Please contact the listing agent for all questions or request for financials and rent information.
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