2427 Carmine Street

Charlotte , NC 28206

MLS#: 4339842

$1,250,000

Status: Active
Listing number: 4339842
Listing provided by: Britt Commercial Real Estate, LLC
Listing agent phone: None
Last update: a month ago
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Property

Beds

17

Full Baths

11

1/2 Baths

None

Year Built

1963

Sq.Footage

6,517

This 11-unit multifamily asset offers a straight-forward value-add opportunity in North Charlotte's path of growth. The property is currently ~45% occupied, with some vacancies immediately rent-ready and others requiring finishing the renovation plan to drive NOI growth. The unit mix consists of six 2BR/1BA units and 5 1BR/1BA units. Significant capital improvements have been carried out by current ownership including exterior, roof, HVACs, and multiple unit renovations.

Features & Amenities

Interior

  • Total Bedrooms

    17

  • Bathrooms

    11

  • Above Grade Finished Area

    6517.0

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    Parking Lot

  • Pool

    No

Area & Lot

  • Property Type

    Residential Income

  • Property Sub Type

    Apartment

Price

  • Sales Price

    $1,250,000

  • Sq. Footage

    6, 517

  • Price/SqFt

    $191

HOA

  • Association

    No

School District

  • Elementary School

    Unspecified

  • Middle School

    Unspecified

  • High School

    Unspecified

Property Features

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

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Location

County

Mecklenburg

Elementary School

Unspecified

Middle School

Unspecified

High School

Unspecified

Listing Courtesy of Zach Britt , Britt Commercial Real Estate, LLC

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Agent Zaneta Mowatt

Agent

Zaneta Mowatt

Call Zaneta today to schedule a private showing.

(704) 904-7596

zaneta@prestinoadvantage.com


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This 11-unit multifamily asset offers a straight-forward value-add opportunity in North Charlotte's path of growth. The property is currently ~45% occupied, with some vacancies immediately rent-ready and others requiring finishing the renovation plan to drive NOI growth. The unit mix consists of six 2BR/1BA units and 5 1BR/1BA units. Significant capital improvements have been carried out by current ownership including exterior, roof, HVACs, and multiple unit renovations.

2427 Carmine Street

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