$1,693,750
SOLD DEC 12, 2024
2 Beds
1 Bath
7,100 Sq Ft
0.9 Acres

Recently Sold

$239 Per Sq Ft

3% Above List Price

8 Days on Market

About This Home

As of December 2024

Do NOT miss this unique and rare opportunity to own a 16 unit apartment building in thriving Charlotte NC! Each unit has 2bedrooms and 1 bath with zero vacancy and always has a waiting list for tenants. Situated in North Charlotte in the Derita area this property is near major thoroughfares and just minutes from uptown. This is a great chance to add this multifamily property to an investment portfolio.

Last Agent to Sell the Property

Allison Schweizer

David Upchurch Real Estate Brokerage Email: Allison@davidupchurch.com License #287626 Listed on: 09/04/2024

Last Buyer's Agent

Allison Schweizer

David Upchurch Real Estate Brokerage Email: Allison@davidupchurch.com License #287626 Listed on: 09/04/2024

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1969

Parking

  • Parking Lot

Home Design

  • 7,100 Sq Ft Home
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Kitchen

  • <<OvenToken>>
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Corner Lot
  • Central Heating and Cooling System

Community Details

  • Derita Woods Subdivision

Listing and Financial Details

  • Tenant pays for all except water
  • The owner pays for exterior maintenance, interior common lights, management, outdoor lighting, water
  • Assessor Parcel Number 045-043-02

Property Details

Home Type

Apartment

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Year Built: 1969
  • Road Surface Type: Asphalt, Paved
  • ResoPropertyType: ResidentialIncome
  • Geocode Confidence: High
  • Attribution Contact: Allison@davidupchurch.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Appliances: Dishwasher, Oven
  • Owner Pays: Exterior Maintenance, Interior Common Lights, Management, Outdoor Lighting, Water
  • Above Grade Finished Sq Ft: 7100
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 7100

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Vinyl

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: Common Area
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Area: 0.9
  • Lot Size Units: Acres
  • Parcel Number: 045-043-02
  • ResoLotSizeUnits: Acres
  • Zoning Specification: N1-B

Rental Info

  • Tenant Pays: All except water
  • Pets Allowed: Call

Multi Family

  • Number Of Units Total: 16

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

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Range of Values:

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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
07/07/2025 07/07/25 Price Changed $1,195 -7.7% $1 / Sq Ft
05/29/2025 05/29/25 Price Changed $1,295 +8.4% $2 / Sq Ft
05/29/2025 05/29/25 For Rent $1,195 0.0% --
12/12/2024 12/12/24 Sold $1,693,750 +2.7% $239 / Sq Ft
09/04/2024 09/04/24 For Sale $1,650,000 -- $232 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4180158

Canopy MLS (Canopy Realtor® Association)