Presenting an exceptional value-add multifamily investment opportunity located at 3500 North Sharon Amity Road in the rapidly expanding East Charlotte submarket. This highly efficient 20-unit asset consists entirely of desirable 1-bedroom, 1-bathroom floor plans, catering perfectly to the area's growing demographic of young professionals seeking affordable proximity to Charlotte's urban core. Owned and maintained by the same owner for decades, the property features a proven, organic value-add program where interior renovations have been successfully executed over the last decade as units turn over, effectively proving out the post-renovation rent premiums. Strategically positioned just minutes from Charlotte’s most vibrant cultural and entertainment districts, including Plaza Midwood, NoDa, and the Uptown central business district, the property provides immediate access to major transit routes, prominent employment hubs, and ongoing commercial redevelopment corridors. Furthermore, the site boasts high-visibility frontage directly along the North Sharon Amity Road corridor with outstanding exposure and traffic counts exceeding 25,000 vehicles per day. Tenants benefit from exceptional convenience, being surrounded by a robust lineup of daily-needs retailers within walking distance or a short drive, including Food Lion, Walgreens, CVS, Family Dollar, and Bojangles. Supported by strong submarket fundamentals and dense local demographics featuring a population of over 95,000 residents within a 3-mile radius, 3500 North Sharon Amity Road is perfectly positioned to capture the influx of renters who desire the lifestyle amenities of Charlotte's premier historic districts but require a more approachable price point, ensuring long-term tenant demand and property appreciation for the new owner. Ask about our other properteries -- this seller has 124 units for sale at 5 different complexes, all 1, 2, and 3 bedroom.
Sheffield Park, located between SouthPark and Cotswold, is a residential and suburban Charlotte neighborhood with tree-lined streets and mid-century ranch homes. The neighborhood’s character concentrates around the Sharon Amity Rd and Providence Rd corridor, where coffee counters, chef-driven dining rooms, and small boutiques set a polished, weekday-busy rhythm. Nearby, Phillips Place serves as a local pillar for sidewalk dining and specialty retail. The Mint Museum Randolph anchors the area’s cultural calendar with rotating exhibitions in a classic campus setting. Little Sugar Creek Greenway adds a linear outdoor spine for walks and bike rides. Streetscapes mix brick facades, deep setbacks, and mature canopy that keeps the pace calm.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Open floorplan
Pantry
Insulated windows
Storm doors
Carbon monoxide detectors
Smoke detectors
Bedrooms
Total of 20 bedrooms (multi-unit property)
Bathrooms
20 full bathrooms
Kitchen
Electric oven
Electric range
Refrigerator
Laundry & utility
No laundry features listed
Electric water heater
Flooring
Tile
Vinyl
Wood
Heating & cooling
Electric heating
Natural gas heating
Separate meters for units
Wall furnaces
Ceiling fans
Wall cooling units
Exterior features
Corner lot
Green area
Level lot
Paved surfaces
Sidewalks
Street lights
Home design
Residential income property
Fiveplex (multi-unit apartments)
Site built
Brick exterior
Parking
Parking lot
Security
Carbon monoxide detectors
Smoke detectors
Construction
Brick construction
Built on crawl space
Utilities
City water
Public sewer
Cable available
Electricity connected
HOA & community
No HOA
Financial info
Owner pays: exterior maintenance, management, sewer, trash collection, water
Tenant pays: cable TV, electricity
Other
Zoning: N2-B
Has additional parcels
Publicly maintained paved roads
Electricity and solar
View estimated energy costs and solar savings for this home
The N2-B Zoning District is intended for the development of multi-family dwellings, including multi-family attached and multi-family stacked units, either as standalone buildings or as components of multi-dwelling developments. Lower-intensity residential dwellings, including single-family, duplex, triplex, and quadraplex dwellings are permitted within the zoning district, subject to the standards of the N1-E Zoning District, or as components of a multi-dwelling development.
Permitted uses
Include but are not limited to:
Community / recreation center
Religious facility
Housing-Multiple units
Mixed use
Public service
Educational / school
Fire house
Police station
Golf related
Ground transport
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 104° expected this year, 17 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Charlotte, NC • 28205
Average low and high temperatures (°F)
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31
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38
71
47
78
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93
74
83
68
83
63
73
53
65
46
54
36
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Feb
Mar
Apr
May
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Jul
Aug
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Oct
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Dec
Sun exposure
88/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Charlotte. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.4 hrs
4.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3500 N Sharon Amity Rd
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