4 Beds
2 Baths
1,746 SqFt
4 Beds
2 Baths
1,746 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,746 sqft
Price per Sqft $300
Subdivision Ashbrook
MLS Listing ID 4382282
Bedrooms 4
Full Baths 2
Construction Status Completed
Abv Grd Liv Area 1,166
Year Built 1958
Lot Size 10,454 Sqft
Acres 0.24
Property Sub-Type Single Family Residence
Property Description
Whether you are an investor, builder, or buyer looking to put your own personal touch on a home, the possibilities here are endless. The existing floor plan flows easily and is the perfect canvas for a renovation or remodel that could create instant value and equity — ideal for a resale, rental investment, or personal residence. Builders, take note: under Mecklenburg County UDO, the zoning transition from pre-UDO R-4 to post-UDO N1-B may allow for exciting redevelopment opportunities, including the potential for a luxe duplex.
Filled with mid-century charm, the home sits on a beautiful corner lot with a private backyard and peaceful views of the pond and creek behind the property. The neighborhood itself is incredibly charming, with mature tree-lined streets, parks nearby, and a welcoming feel that continues to attract buyers and investors alike.
Location truly sets this property apart. Just minutes from Uptown Charlotte, South End, and the light rail, you also have easy access to some of Charlotte's best restaurants, shopping, and nightlife at Park Road Shopping Center and LoSo. With no HOA restrictions and so much growth happening nearby, this is an amazing opportunity at a great price to create your dream home or next successful investment project.
We're currently obtaining contractor quotes for the following updates:
Paint the exterior, Add shutters to the front windows, Paint the entire interior, Refinish the hardwood floors, Replace and update all lighting fixtures, Install new kitchen cabinets and appliances, Replace the carpet, Replace the laminate flooring
The contractor estimates the total renovation cost will be between **$40,000 and $50,000**, with final quotes expected next week.
Based on comparable sales, investing around **$50,000** into these improvements could create significant instant equity. Once renovated, the home has the potential to be worth **close to $700,000**, making it an excellent opportunity for someone looking to build equity or potentially renovate and resell. Given the home's size and the comparable sales in the area, this is a fantastic investment opportunity!
Location
State NC
County Mecklenburg
Zoning N1-B
Rooms
Basement Dirt Floor
Main Level Dining Area
Upper Level Bedroom(s)
Upper Level Bedroom(s)
Main Level Living Room
Upper Level Bedroom(s)
Main Level Kitchen
Lower Level Bonus Room
Lower Level Bedroom(s)
Lower Level Laundry
Upper Level Bathroom-Full
Lower Level Bathroom-Full
Interior
Interior Features Attic Stairs Pulldown, Open Floorplan
Heating Central
Cooling Ceiling Fan(s), Central Air
Flooring Tile, Wood
Fireplace false
Appliance Dishwasher, Microwave, Oven, Refrigerator, Washer/Dryer
Laundry Laundry Room, Lower Level
Exterior
Fence Back Yard
Utilities Available Cable Available, Cable Connected, Natural Gas
Roof Type Architectural Shingle
Street Surface Asphalt,Paved
Porch Patio, Porch
Garage false
Building
Lot Description Corner Lot
Dwelling Type Site Built
Foundation Crawl Space
Sewer Public Sewer
Water City
Level or Stories Split Level
Structure Type Brick Partial,Vinyl
New Construction false
Construction Status Completed
Schools
Elementary Schools Pinewood Mecklenburg
Middle Schools Alexander Graham
High Schools Myers Park
Others
Senior Community false
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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