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Ivester Jackson Christie's
1704-1732 Newland Road, Charlotte, NC 28216
- $1,187,500
- 16
- BD
- 5,568
- SqFt
Listing courtesy of Ethics Realty Inc. sami@EthicsRealty.com
Sold listing courtesy of Ethics Realty Inc
- Sold Price
- $1,187,500
- List Price
- $1,299,000
- MLS#
- 4150129
- Status
- CLOSED
- Days on Market
- 59
- Property Type
- Residential Income
- Year Built
- 1962
- Closing Date
- Aug 12, 2024
- Bedrooms
- 16
- Full Baths
- 8
- Lot Size
- 51,836
- Lot Size Area
- 1.19
- Living Area
- 5,568
- Sq Ft Total
- 5568
- County
- Mecklenburg
- Subdivision
- Lincoln Heights
- Special Conditions
- None
- Waterfront Features
- None
Property Description
8 identical income producing side-by-side single family units (sold as an 8-plex) on a corner lot with over an acre in the well known up and coming Lincoln Heights community! 5 minutes from uptown Charlotte, close to major attractions like Bank of America Stadium, Spectrum Center, and Truist Baseball Field. Also conveniently close to Plaza Midwood, Noda, Optimist Hall.. All roofs replaced in 2012, all new low-e windows (with exception of unit 1732) were replaced around 2018. Unit 1732 has a new HVAC installed in 2021, unit 1728 - new HVAC installed 5-6 years ago. Same tenants in all units for over 5 years, all on a month-to-month for a long time. Tenants currently pay utility bills and lawn services. Great buy and hold opportunity. The front of all units has newer paint to give a nice matching pattern. City of Charlotte charges $46 (total for all 8 units) for stormwater services. This 8-plex is also sold under RESIDENTIAL on the MLS# 4159829.
Additional Information
- Community Features
- None
- Floor Coverings
- Carpet, Tile
- Equipment
- Oven, Refrigerator
- Foundation
- Crawl Space
- Laundry Location
- Laundry Room
- Heating
- Central, Forced Air, Natural Gas
- Water
- City
- Sewer
- Public Sewer
- Exterior Construction
- Brick Full, Vinyl
- Parking
- Assigned, Driveway
- Driveway
- Concrete
- Lot Description
- Corner Lot, Level
- Elementary School
- Unspecified
- Middle School
- Unspecified
- High School
- Unspecified
- Zoning
- RE-5
- Total Property HLA
- 5568
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