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- LoopNet Team
1111 Herrin Ave
Charlotte, NC 28205
NoDa Turn-key 4 unit Multi Family · Multifamily Property For Sale
·
4 Units
Investment Highlights
- Hot NoDa location ! Walk to Rail, Shopping, Music & Restaurants 10 minutes from Center City from the Arts District
- Great potential for over 100k in annual gross income with optimized short term rental or excellent returns with streamlined long term rental
- Excellent condition with great rental history turnkey ready business without executing huge repairs or renovations
Property Facts
Amenities
Site Amenities
- 24 Hour Access
- Courtyard
- Fenced Lot
- Laundry Facilities
- Picnic Area
- Video Patrol
- Grill
- Smoke Free
- Trash Pickup - Curbside
- Wi-Fi
- Bicycle Storage
- Community-Wide WiFi
- Public Transportation
About 1111 HERRIN AVE , CHARLOTTE, NC 28205
Well maintained 4 units consisting of 2 duplexes, 1 garden 1 2 story. There are 3, 2 bedroom 1 bath and 1, 2 bedroom 2 bath. NO HOA, 4 separately metered apartments on one deed. Buyers can use a residential loan with 25% down. New HVAC, recent roof, recently painted, structural & interior/exterior improvements with engineers stamped letter. Great private off-street parking. Private fenced off street parking area & bicycle storage shed. Auto Locks on all units. Property consists of 2 duplexes, 1 garden 1 masonry 2 story. Three, 2br 1ba & One, 2br 2ba units. Do Not Disturb Guests. Contact agent directly for appointment. Offers with proof of funds must be submitted prior to showings. Offers contingent upon walkthrough. Please note there are no leases as this is currently a short term rental. Seller can provide letter of condition on new HVAC and stamped engineers letter on both structures.
Property Taxes
| Parcel Number | 091-093-02 | Improvements Assessment | $713,300 |
| Land Assessment | $325,000 | Total Assessment | $1,038,300 |
Property Taxes
