This turnkey 8-unit apartment complex presents an exceptional investment opportunity in Cotswold area of Charlotte NC. Offering a strong tenant base located in a prime location at the corner on McAlway Rd and a block from N Wendover. The property includes four 2/1.5 units and four 1/1 units, with 6 units fully renovated requiring minimal maintenance. Convenient area with retail nearby and easy access to all of Charlotte's best amenities – this property offers immediate income and long-term value.
*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
Permits
Beds
2
Baths
—
Stories
2
Lot width
—
Lot depth
—
Lot size
0.52 Acres
Year renovated
2000
Sq. Ft.
6,568
Year built
1965
Style
Multi-Family (5+ Unit)
County
Mecklenburg County
APN
15710220
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 8, 2026.
N2-B
Neighborhood 2 Zoning District
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
Apr 30, 2026 • Final
Residential mechanical
Replace existing heating and air conditioning equipment in a residential building.
HVAC
Apr 30, 2026 • Final
Residential electrical
Replace mechanical equipment at a residential property.
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Main Level Garage Y/N: 0
Parking Features: Parking Lot
Interior
Bedroom Information
# of Bedrooms: 12
Bathroom Information
# of Full Baths (Total): 8
# of Half Baths (Total): 4
Laundry Room Information
Laundry Features: Other - See Remarks
Heating & Cooling
Heating Information: Heat Pump
Cooling Information: Central Air, Heat Pump
Interior Features
Appliances: Electric Range, Microwave, Refrigerator
Multi-Family Financial Information
Owner Pays: Exterior Maintenance, Sewer, Water
Multi-Unit Information
# of Units (Total): 8
Unit Type 1 Information
Unit Type: 2 Bedroom
# of Units: 4
# of Bedrooms: 2
Unit Type 2 Information
Unit Type: 1 Bedroom
# of Units: 4
Exterior
Building Information
Construction Type: Site Built
Construction Materials: Brick Partial
Property Information
Property Type: Residential Income
Property Sub Type: Apartment
Zoning Specification: N2-B
Lot Information
Lot Size Area: 0.52
Lot Size Units: Acres
Road Surface Type: Asphalt, Paved
Road Responsibility: Publicly Maintained Road
Financial
Lease / Rent Details
Tenant Pays: All except water
Utilities
Utility Information
Water Source: City
Sewer: Public Sewer
Location
HOA Information
HOA Subject To: None
School Information
Elementary School: Unspecified
Middle Or Junior High School: Unspecified
High School: Unspecified
Community Information
Pets Allowed: Conditional
Public facts
Beds: 2
Baths: —
Sq. Ft.: 6,568
Stories: 2.0
Lot Size: 0.52 acres
Style: Multi-Family (5+ Unit)
Year Built: 1965
Year Renovated: 2000
County: Mecklenburg County
APN: 15710220
Home facts updated by county records on Sep 8, 2026
Other
Auction Information
Is Auction: 0
Listing Information
Exception YN: 0
Green Information
Green Verification Count: 0
Home Information
Living Area: 6568
Above Grade Finished Area: 6,568
Building Area Total: 6568
Foundation Details: Slab
Team Information
Buyer Team ID: TM100665
Buyer Team Mls Id: R40383
Around this home
Schools
K - 12
Preschool & daycare
Cotswold Elementary
Public 3-5 • Assigned • 0.7mi
6/10
Alexander Graham Middle
Public 6-8 • Assigned • 2.7mi
4/10
Myers Park High
Public 9-12 • Assigned • 2.6mi
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
71
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.