Rare opportunity to purchase a two-unit full-brick building in rapidly developing Lincoln Heights. New construction happening all around. Great income producing property! No short-term rental / Airbnb restrictions. Each unit features 3 bedrooms and 1 bathroom, with laundry hookups included for added convenience. Conveniently located near downtown, Uptown, the Music Factory, Brookshire, I-77, I-85, and I-277, making it easily accessible from various areas. Short walk to the future gold line station. This lot is zoned N2-B and can allow a quadplex. One unit has a tenant paying $1475/month, with lease ending on 8/31/2024. The other unit has a tenant paying $1150/month, with lease ending on 9/30/2024. Home being sold AS-IS! Seller will NOT make any repairs. ***Please DO NOT disturb tenants. Showing available after under-contract. Interior photos were taken prior to current tenants.
The median home value in Charlotte, NC is $381,800. This is lower than the county median home value of $393,000. The national median home value is $338,100. The average price of homes sold in Charlotte, NC is $381,800. Approximately 48.76% of Charlotte homes are owned, compared to 43.71% rented, while 7.53% are vacant. Charlotte real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Charlotte real estate agent to arrange a tour today!
Charlotte, North Carolina 28216 has a population of 864,871. Charlotte 28216 is less family-centric than the surrounding county with 30.17% of the households containing married families with children. The county average for households married with children is 32.79%.
The median household income in Charlotte, North Carolina 28216 is $68,367. The median household income for the surrounding county is $73,124 compared to the national median of $69,021. The median age of people living in Charlotte 28216 is 34.5 years.
The average high temperature in July is 89.7 degrees, with an average low temperature in January of 30 degrees. The average rainfall is approximately 43.1 inches per year, with 2.3 inches of snow per year.