312 State ST Pending

Charlotte,NC 28208

$ 2450000

- Bed

- Bath

9600 SqFt


Key Details

Property Type Multi-Family

Sub Type Eightplex+

Listing Status Pending

Purchase Type For Sale

Square Footage 9,600 sqft

Price per Sqft $255

MLS Listing ID 4146477

Year Built 1965

Lot Size 0.704 Acres

Property Description

Located in the Seversville Neighborhood, State Street Commons is located a stone's throw away to the Gold Line streetcar stop, Seversville Park, the Stewart Creek Greenway and Savona Mill. 2 buildings of 4 townhome style units in each and 4 stand along brick bungalows. Entire property completely renovated down to the studs in 2017. Property includes dedicated parking lot, courtyard, underground irrigation throughout property and privacy fencing. All units include in-unit laundry. 10 units are fully furnished. New roofs and HVAC in 2017. Up and coming area of Charlotte, less than 2 miles from Uptown. Benefit from growing rental income with either short or long term rentals and when ready, redevelop the property to maximize the financial gain on exit. Property currently being operated as short term fully furnished rentals with long Airbnb history. Water and electric are metered separately for each unit. Units can be rented on a long or short term basis. Showings by appt only.

Location

State NC

County Mecklenburg

Zoning R8

Interior

Heating Forced Air

Cooling Central Air

Flooring Vinyl

Exterior

Exterior Feature Lawn Maintenance

Building

Lot Description Cleared,Green Area,Level

Dwelling Type Site Built

Foundation Crawl Space,Slab

Sewer Public Sewer

Water City

Structure Type Brick Full

New Construction false

Schools

Elementary Schools Bruns Avenue

Middle Schools Ranson

High Schools West Charlotte

Others

Special Listing Condition None

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