NOT LISTED FOR SALE

2405 Julia Ave Charlotte, NC 28206

J T Williams Neighborhood
14 Beds
7 Baths
5,376 Sq Ft
0.4 Acres

Last Sold July 24, 2018

Last sale price $410,500 $76 Per Sq Ft

139 Days on Market

About This Home

As of July 2018

Great cash flowing buildings part of a larger 21 unit package. This listing is for 2 buildings with 7 units total. You can buy just this one or all 3 parcels (2301 & 2317 Julia Ave). All units are 2 bedroom 1 bathroom and all 7 units on this parcel are rented. 3 units are currently subsidized the rest are all tenant paid. Opportunity to enjoy the cash flow as well as boost NOI through increases in rent. Many of the leases are up by May. Current monthly gross is $4,400.00. No showings until DD period. Absentee owner. Contact agent for rent roll.

Last Agent to Sell the Property

Justin Francis

Keller Williams Ballantyne Area License #290196 Listed on: 01/22/2018

Keller Williams Ballantyne Area

Last Buyer's Agent

Justin Francis

Keller Williams Ballantyne Area License #290196 Listed on: 01/22/2018

Keller Williams Ballantyne Area

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 0.4

Additional Features

  • Vinyl Flooring
  • 7 Full Bathrooms
  • Crawl Space

Listing and Financial Details

  • Tenant pays for all utilities
  • Rent includes snow removal
  • Assessor Parcel Number 077-052-43

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Sevenplex
  • Ratio Close Price By List Price: 0.89259
  • Ratio Close Price By Original Li: 0.82116
  • Ratio Current Price By Acre: 1013580.25
  • Ratio Current Price By Sq Ft: 76.36
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 7
  • Total Bedrooms: 14
  • Equipment: Cable Prewire
  • Flooring: Carpet, Vinyl
  • Laundry Location: Main
  • Total Sq Ft: 5376

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Asphalt
  • Parking: Lot

Utilities

  • Heating: Central Air
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Size Area: 0.405
  • Parcel Number: 077-052-43
  • Zoning Specification: R22MF

Rental Info

  • Rent Includes: Snow Removal
  • Tenant Pays: All Utilities

Tax Info

  • Tax Value: 125500.00
  • Tax Location: Charlotte

Multi Family

  • Unit Count: 7
  • Number Of Units Total: 7

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2018 07/24/18 Sold $410,500 -10.7% $76 / Sq Ft
06/10/2018 06/10/18 Pending -- -- --
06/06/2018 06/06/18 Price Changed $459,900 -8.0% $86 / Sq Ft
01/22/2018 01/22/18 For Sale $499,900 -- $93 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Justin Francis

    Keller Williams Ballantyne Area

    (704) 879-5571

    Justin Francis
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3353274

Canopy MLS (Canopy Realtor® Association)

North Carolina Mecklenburg County Charlotte 28206 J T Williams

2405 Julia Ave, Charlotte, NC

This home is located at 2405 Julia Ave, Charlotte, NC 28206 since 22 January 2018. This property was built in 1965. 2405 Julia Ave is a home located in Mecklenburg County with nearby schools including Druid Hills Academy, West Charlotte High School, and VERITAS Community School, CFA.

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