1925 Baxter St - Multi-Family FOR SALE


Charlotte, NC 28204
$1,175,000 USD
704-944-0004
1925 Baxter St, Charlotte, NC for Sale
$1,175,000 USD
Multi-Family - FOR SALE
1/15
null | Request Cap Rate

1925 Baxter St
Charlotte, NC 28204


OVERVIEW

Investment gem near Uptown Charlotte. This fully renovated Quadruplex is conveniently situated in the Historic Cherry neighborhood near Atrium Main, Uptown and Midtown shopping with easy access to Queens and Providence Rds. The property underwent an extensive down to the studs renovation in 2021 (absolutely everything is new from the plumbing, wiring and drywall to the flooring, cabinetry and appliances tankless gas water heaters). The property also has a new & upgraded commercial water/sewer tap. Property boasts 300 sq ft of front porch space and 192 sq ft of rear porch patio space. Investment potential as a long or short-term rental or a mix of both! Consistent tenant base with no delinquency issues. One current vacancy.

FOR SALE DETAILS

PRICE

$1,175,000 USD

PRICE/SF

$499 USD /SF

# OF UNITS

4

PRICE/UNIT

$293,750

CAP RATE

Request Cap Rate

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1935

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

R-12

APN/PARCEL ID

125-233-04

ASK ABOUT THIS PROPERTY

Andy JonesKinley Residential, IncMore Info
704-944-0004

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Andy JonesKinley Residential, IncMore Info
704-944-0004

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.