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3410 Craig Ave 12 Unit Apartment Building Offered at $2,250,000 Charlotte, NC 28211
Investment Highlights
- Prime Cotswold Location
- Lots of room to increase rents to market
Executive Summary
3402 & 3410 Craig Ave is a rare 12-unit multifamily opportunity in Charlotte’s Cotswold neighborhood. The property is two parcels (8 units + 4 units) and features eleven 1BR/1BA units and one 2BR/1BA unit. Recent renovations include updated kitchens and bathrooms, positioning the asset as a clean, well-maintained investment with limited near-term capital expenditure needs. In-place rents are low compared to market offering upside and creating a clear path to NOI growth in one of Charlotte’s most desirable neighborhoods.
Property Facts
| Price | $2,250,000 | Apartment Style | Garden |
| Price Per Unit | $187,500 | Lot Size | 0.63 AC |
| Sale Type | Investment | Building Size | 7,846 SF |
| No. Units | 12 | No. Stories | 2 |
| Property Type | Year Built | 1964 | |
| Zoning | N2-B | ||
| Price | $2,250,000 |
| Price Per Unit | $187,500 |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | |
| Apartment Style | Garden |
| Lot Size | 0.63 AC |
| Building Size | 7,846 SF |
| No. Stories | 2 |
| Year Built | 1964 |
| Zoning | N2-B |
Amenities
Unit Amenities
- Washer/Dryer Hookup
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 11 | - | - |
| 2+1 | 1 | - | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
20/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $835,200 | |
| Land Assessment | $477,900 | Total Assessment | $1,313,100 |
Property Taxes
Parcel Numbers
Land Assessment
$477,900
Improvements Assessment
$835,200
Total Assessment
$1,313,100
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Videos
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Photos
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Presented by
Britt Commercial Real Estate LLC
3410 Craig Ave
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