Prime investment opportunity in Myers Park HS and AG middle school district. Opportunity for 19%+ cash on cash return with purchase at list price and current rents. One unit vacant and may need improvements to get rental ready, potential to increase rents as a result! Excellent location with easy access to public Transit, Independence blvd, all essential goods and services within 1.5 Miles.
Multi-familyProperty Type
1966Year Built
0.25 acresLot Size
$46Price/Sq.Ft.
4 spacesParking
Listed by Steve Casselman• Austin Banks Real Estate Company LLC
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
0.25 Acres
Year renovated
—
Sq. Ft.
1,404
Year built
1966
Style
Multi-Family (2-4 Unit)
County
Mecklenburg County
APN
15705421
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jan 14, 2023.
UR-2(CD)
Urban Residential-2 District-Conditional
The intent of this district is to promote maximum opportunities for moderate density residential development. This district functions as both a transition between lower and higher density and as the predominant residential district throughout much of the fringe of the uptown area. Conditional zoning approved under current/pre-UDO zoning regulations will also use current/pre-UDO land development regulations during permitting process.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Property details
Parking
Parking Information
Parking Features: Parking Space - 4+
Interior
Bedroom Information
# of Bedrooms: 4
Bathroom Information
# of Full Baths (Total): 2
Laundry Room Information
Laundry Features: Other
Interior Features
Appliances: Other
Multi-Unit Information
# of Units (Total): 2
# of Units: 2
Unit Type 1 Information
# of Bedrooms: 2
Unit Type 2 Information
# of Bedrooms: 2
Exterior
Building Information
Construction Type: Site Built
Property Information
Property Sub Type: Multi-Family
Zoning: Residential
Lot Information
Lot Size Area: 0.25
Lot Size Dimensions: 59x191x60x184
Road Surface Type: Asphalt
Financial
Lease / Rent Details
Tenant Pays: Other
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Water Heater Information: Other
Location
HOA Information
HOA Subject To Dues: No
HOA Subject To: None
School Information
Elementary School: Unspecified
Middle Or Junior High School: Unspecified
High School: Unspecified
Location Information
Directions: From intersection of Wendover and Independence, Follow Wendover southwest. Turn RIGHT on Marvin. Duplex will be on the left.
Public facts
Beds: —
Baths: 2.0
Sq. Ft.: 1,404
Stories: 1.0
Lot Size: 0.25 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1966
Year Renovated: —
County: Mecklenburg County
APN: 15705421
Home facts updated by county records on Jan 14, 2023
Other
Home Information
Living Area: 1404
Sq. Ft. Additional: 0
Building Area Total: 1404
Foundation Details: Crawl Space
Structure Type: Duplex
Around this home
Schools
Billingsville Elementary
Public K-2 • Assigned • 0.6mi
Alexander Graham Middle
Public 6-8 • Assigned • 2.6mi
4/10
Myers Park High
Public 9-12 • Assigned • 2.4mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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, 16 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 • 28211
Average low and high temperatures (°F)
49
30
57
37
71
47
77
55
79
60
89
69
92
74
82
68
82
63
73
52
65
46
54
35
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.4 hours in
June and 5.3 hours in December, which is comparable to the
U.S. average for solar exposure.
9.4 hrs
5.3 hrs
JuneDecember
Provided by Shadowmap
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