Photo 1 of 33
$2,950,000
| Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
| 18 |
18.00 |
11,268 |
0 |
1961 |
|
On the market:
57 days
|
View full details, photos, school info, and price history
Located in the heart of Charlotte's desirable Cotswold neighborhood, this 18-unit multifamily property offers a rare mix of immediate stability and long-term upside. Spread across four buildings on two distinct parcels (4102 Craig Ave and 1401 Falcon St), the portfolio consists entirely of easily leasable 1BR/1BA floor plans. Recent interior renovations, including modernized kitchens and baths, limit upfront capital expenditures. Investors can capitalize on historically strong tenant demand in the 28211 zip code while systematically capturing market-rate premiums to drive revenue growth. Buildings are at full occupancy except for one unit held open for showings. Ask about our other properteries -- this seller has 124 units for sale at 5 different complexes, all 1, 2, and 3 bedroom.
Listing courtesy of John Cockman, BnBCabins Inc