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  • $1,350,000

    1405 Catherine Simmons Ave, Charlotte, NC 28216

    24beds
    10,800sqft
    Multi Family
    Built in 1961
    -- sqft lot
    $-- Zestimate®
    $125/sqft
    $1,241 Estimated rent

    Owner options

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    $1,241/mo

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    $1,241/mo

    Rent Zestimate®

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    $7,778/mo

    Est. payment

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    $7,778/mo

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    What's special

    ATTENTION ALL INVESTORS! Here's your chance to own a turn-key 12 unit apartment building in Charlotte NC. 12 units. 100% occupied. Individually metered so tenants pay for gas, electric, and water. All units are 2 bed / 1 bath with central HVAC and laundry hook ups. 9 of 12 units have been updated in last 12 months. Has great cash flow and located in an Opportunity Zone for those interested in the tax advantages. Great management team already in place and room to increase rents. Located near Uptown Charlotte, this area is prime for future development. Charlotte has ranked as a top location for investment the last 3 years. No more than 25% Seller financing available for qualified buyers with acceptable terms. Financials available upon request. Serious inquiries only, please!

    Zillow last checked: 7 hours ago

    Listing updated: September 22, 2023 at 11:20pm

    Listing Provided by:

    Jim Townsend jim@townsendrealtygroup.com,

    Townsend Realty Group

    Bought with:

    Tiffany Nguyen

    Coldwell Banker Realty

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4009716MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 24
    • Bathrooms: 12
    • Full bathrooms: 12
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Electric Range, Refrigerator
    • Laundry: Utility Room, Washer Hookup
    Features
    • Has basement: No
    Interior area
    • Total structure area: 10,800
    • Total interior livable area: 10,800 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 6
    • Parking features: Attached Carport, Driveway, Parking Space(s)
    • Carport spaces: 6
    • Has uncovered spaces: Yes
    Features
    • Stories: 1
    • Exterior features: Lawn Maintenance
    • Fencing: Back Yard,Fenced
    Lot
    • Size: 1.33 Acres
    • Dimensions: 303 x 110 x 350 x 150 x 95 x 40
    • Features: Cul-De-Sac, Level, Paved
    Details
    • Parcel number: 07504428
    • Zoning: R5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Ranch
    • Property subtype: Multi Family
    Materials
    • Brick Partial, Wood
    • Foundation: Crawl Space
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1961

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City

    Community & neighborhood

    Location
    • Region: Charlotte

    Other

    Other facts
    • Listing terms: Conventional,Other - See Remarks
    • Road surface type: Asphalt, Paved