2800 Carol Ave, Charlotte, NC 28208
- Sqft
- 1,804
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Overview
Investor Gem! Turnkey 4-unit (4-1BR studios) on 0.31 acres in red-hot Enderly Park — fully managed by PM, tenants pay every utility, and it’s never sat through an extended vacancy. In-place rents still trail the market, so the Property is a 4plex multifamily, not a SFH home as listed above.
Upside is baked in and ready: lease renewals on two units just came in higher for the upcoming lease year. Units 1–3 were taken down to rehab two years ago and Unit 4 sits in original condition — an est. ~$10K refresh forces appreciation through higher rents and property value. Property has a large, unused walk in basement that could be permitted and converted to a 5th apartment.
Private, exclusive parking lot — no shared drives, no neighbor friction. New construction is trading from the low $500Ks right around the block.
Walkable to the West End boom on Tuckaseegee Rd: the 27-acre Savona Mill redevelopment (Savona Food Works food hall, 300+ apartments), the $80M Lower Tuck warehouse conversion, and Station West. 10 minute walk to Stewart Creek Greenway running straight to Uptown. Quick hits to Freedom Dr, Wilkinson Blvd, I-85 and I-77.
Cash flows today, added appreciation tomorrow. Buy and hold or buy for a future build — your choice in the one neighborhood with unlimited momentum and growth!
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of stories
- 1
- Square feet
- 1,804
- Lot size (acres)
- 0.25
- Year built
- 1954
Interior features
- Basement
- Yes
- Laundry
- In Kitchen
Utilities
- Heating
- Electric
- Cooling
- Central Air
- Sewer
- Public Sewer
- Water
- Public Water
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Canopy MLS MLS®#: 4401707 Last checked: …
