$255,000
$268,000
4.9%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
2 Baths
1,090 SqFt
SOLD DATE : 07/02/2024
Key Details
Sold Price $255,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 1,090 sqft
Price per Sqft $233
Subdivision University Terrace
MLS Listing ID 4141018
Sold Date 07/02/24
Bedrooms 4
Full Baths 2
HOA Fees $230/mo
HOA Y/N 1
Abv Grd Liv Area 1,090
Year Built 1989
Property Description
INVESTMENT OPPORTUNITY NEAR UNCC! 4 bedroom 2 bathroom Condo unit located short distance from UNCC - University of North Carolina Charlotte. 3rd floor balcony unit located with exterior stair access. Complex is located across from a UNCC parking lot and UNCC bus stop on John Kirk for access around campus. Open floor plan with a living room, access to front balcony and galley kitchen. There are 4 bedrooms and 2 bathrooms plus a laundry room. Units are all currently rented - One lease for each bedroom, typically following University schedule - through 7/30/2024. However, Current tenants have renewed their leases from August 1, 2024 through July 30, 2025 at $560.00 per month for each bedroom. Total rental amount for the unit is $2240 a month for August, 24 - July, 25. Current owner's have capped utility usage to 200 a month with tenants paying overage for electric/water. 24 hour notice for any showing requests. Do not Disturb Tenants.
Location
State NC
County Mecklenburg
Zoning R12MFCD
Rooms
Main Level Bedrooms 4
Interior
Heating Heat Pump
Cooling Central Air
Flooring Carpet, Laminate, Vinyl
Fireplace false
Appliance Dishwasher, Electric Oven, Electric Range, Refrigerator, Washer/Dryer
Exterior
Exterior Feature Lawn Maintenance
Community Features Sidewalks, Street Lights
Utilities Available Cable Available
Garage false
Building
Foundation Slab
Sewer Public Sewer
Water City
Level or Stories One
Structure Type Brick Partial,Vinyl,Wood
New Construction false
Schools
Elementary Schools Unspecified
Middle Schools Unspecified
High Schools Unspecified
Others
HOA Name William Douglas
Senior Community false
Restrictions Other - See Remarks
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Subject to Lease
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© 2024 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Bought with Deepali Hole • Vastu Realty LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "