3414 Craig Avenue

Charlotte, NC
$ 1,440,000 Beds 0 Baths 0 Sq 5,408
Monthly Estimate* How much can I afford?

Rare business opportunity for investor seeking income-producing multifamily property in a desirable south Charlotte submarket - Cotswold. Since purchase, owners have renovated units progressively as tenants vacated and increased rent rates accordingly. Updates include granite countertops in the kitchen, new bathroom vanity/fixtures, tiled showers, new flooring, new windows, paint, et al. This two-building portfolio has 12 units with shared parking (17 spaces) -- an 8-unit building and a 4-unit building. Four-plex address is 3402 Craig Ave ( PID 157-106-54). There are 11 1-BR apartments and 1 2-BR apartment. Private showings only. Do contact tenants.

Commercial

  • Price
  • $ 1,440,000
  • Lot Size
  • 0.63 Acres
  • Bedrooms
  • 0
  • Sqr Footage
  • 5,408
  • Full Bathrooms
  • 0
  • Year Built
  • 1964
  • Half Bathrooms
  • 0
  • City, Zip
  • Charlotte
  • County
  • MECKLENBURG
  • Style
  • Commercial
  • Area
  • Mecklenburg County
  • MLS#
  • 3602634
  • Zip
  • 28211
Listing Provided by: Berkshire Hathaway HomeServices Carolinas Realty

Features

General

Car Hoasubjectto None
Construction Type Site Built
Property SubType Commercial
Property Type Commercial Sale
Restrictions Other - See Media/Remarks
Roof Composition
Secondary Sub-Type Other
Standard Status Active
Structure Type Other

Interior Features

Total Baths 8

Exterior Features

Building Area Total 5408
Lot Size Area 0.63

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Hickory, office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

3/20/2020 Listed $1,440,000

Property vs Zip Code Average in 28211

Price
AVG $740K
$1.44M
Visits
AVG 153
47
Year Built
AVG 1978
1964
Walkscore
AVG 40
33
Data Provided by Walkscore ® not using MLS data

Map

3414 Craig Avenue Charlotte, NC is a Single Family Home for sale at $1440000 with 5408 sqft and a lot size of 0.63 Acres Acre(s). 3414 Craig Avenue Charlotte has 0 bedrooms, 0 baths and was built in 1964. The property's zip code is 28211 which is in Charlotte, NC

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.