$3,000,000

Estimated payment $18,455/month

Total Views 3,880
47 Beds
23 Baths
17,222 Sq Ft
$174 Price per Sq Ft

Highlights

  • 2.28 Acre Lot
  • Laundry Room
  • Central Heating and Cooling System
  • No HOA
  • Four Sided Brick Exterior Elevation

About This Home

This 22-unit multifamily community offers a strong lease-up and stabilization opportunity in North Charlotte with limited remaining execution risk as the improvements have been made! The property is currently ~64% occupied, with the majority of units renovated and remaining vacant units largely rent-ready, allowing for immediate NOI growth through leasing. Only the clubhouse/SFR unit and one additional unit remain unrenovated, while significant capital improvements, including new roofs, updated HVAC systems, and extensive unit renovations, have already been completed. Clubhouse built 1940, apartments are 1960. Located minutes from Camp North End and less than 10 minutes from Uptown Charlotte, the asset sits within an active growth corridor supported by durable rental demand.

Listing Agent

Zach Britt

Britt Commercial Real Estate, LLC Brokerage Email: zbritt@brittcre.com License #315119 Listed on: 01/22/2026

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1960

Parking

  • Parking Lot

Home Design

  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 17,222 Sq Ft Home
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 47 Bedrooms
  • 23 Full Bathrooms

Additional Features

  • 2.28 Acre Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • The owner pays for - see remarks
  • Assessor Parcel Number 077-052-49

Property Details

Home Type

Apartment

Year Built

Built in 1960

Lot Details

2.28 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Year Built: 1960
  • Road Surface Type: Asphalt, Paved
  • Geocode Confidence: High
  • Attribution Contact: zbritt@brittcre.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Owner Pays: Other - See Remarks
  • Above Grade Finished Sq Ft: 17222
  • Basement YN: No
  • Full Bathrooms: 23
  • Total Bedrooms: 47
  • Living Area: 17222

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Pool Private: No
  • Construction Type: Brick Full, Other - See Remarks

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Parking Lot

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Laundry Features: In Unit
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 077-052-49
  • Lot Size Acres: 2.28
  • Additional Parcels: No
  • Zoning Specification: N2-B

Rental Info

  • Tenant Pays: All Utilities
  • Pets Allowed: Conditional

Multi Family

  • Number Of Units Total: 22

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Map

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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 List to Sale Price per Sq Ft
01/22/2026 01/22/26 For Sale $3,000,000 -- $174 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4340001

Canopy MLS (Canopy Realtor® Association)
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