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Browse More Listings in Multifamily For Sale, Charlotte, NC or North Carolina

Multifamily Property For Sale

Magnolia Apts

800 Magnolia Ave, Charlotte, NC 28203

Price:
$799,500
No. Units:
8
Building Size:
8,303 SF
Price/Unit:
$99,937.50
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Year Built:
1920
Lot Size:
0.40 AC
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Last Verified 11/3/2009 Listing ID 15922079

Description

This apartment building was built in 1920 and has been partially restored to reflect the elegance of its early century construction. The building is currently vacant, with the exception of 1 unit, which has not been renovated. A large part of the work has been done, but some remodeling is still required to make these apartments 'lease ready'. 8 Units; partially refurbished in 2008; PRICED TO SELL 'AS IS' AT $799,500-- APPRAISED AT $940,000 BEFORE RENOVATIONS! Kitchens & baths remodeled; new t

Located in the charming and highly sought after neighborhood of Dilworth.

Map of 800 Magnolia Ave, Charlotte, NC 28203 (Mecklenburg County)

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Created 9/30/2008

Additional Information for 800 Magnolia Avenue, Charlotte, NC 28203

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Multifamily Property For Sale - Magnolia Apts

800 Magnolia Ave, Charlotte, NC, 28203