Turnkey Investment Opportunity in the Heart of South Charlotte! This beautifully updated 1-bedroom, 1-bath upper-floor condo offers the perfect combination of immediate rental income and long-term appreciation potential. Currently tenant occupied on a month-to-month lease at $1,175/month, providing flexibility for investors or future owner-occupants. Inside, you'll find wood-like flooring throughout, an updated kitchen featuring tuxedo style cabinetry and stainless steel appliances. The bathroom has black tile and neutral designer paint. The spacious one-bedroom floor plan offers a generously sized bedroom, open living and dining spaces, natural light, and a private covered patio overlooking a peaceful green space. Ideally located just minutes from SouthPark, Park Road, Quail Hollow, medical, shopping, dining, and major highways, this condo offers exceptional convenience in one of Charlotte's most desirable rental markets. Rare opportunity: This unit may be purchased individually or as part of a three-unit investment portfolio, creating an excellent opportunity to expand an existing portfolio or complete a 1031 exchange. Don't miss your chance to own a move-in-ready, income-producing property in an unbeatable location!
| MLS # | 4408652 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| HOA Dues | $269 |
| Sub-Type | Resale |
| Status | Active |
| Year | 1972 |
| Days On Site | 31 |
| Listing Provided By | Carolina Residential Group LLC | Jessica Sinski |
| Bed(s) | 1 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 667 |
| Story(s) | 1 |
| Cooling | Central Air |
|---|---|
| Heating | Heat Pump |
| Appliances | Dishwasher, Electric Range, Microwave, Refrigerator |
| Exterior Features | Lawn Maintenance |
|---|---|
| Construction Materials | Vinyl, Other - See Remarks |
| Foundation Details | Slab |
| Garage Yes / No | No |
|---|---|
| Parking Features | Parking Lot |
| List Aor | Canopy Realtor Association |
|---|
| Property | 112819 |
|---|
| State | NC |
|---|---|
| County | Mecklenburg |
| City | Charlotte |
| Zip Code | 28210 |
| Area | Mecklenburg |
| Community Name | Sharon Lakes |
| School District | South Mecklenburg |
| Elementary School | Sterling |
| High School | South Mecklenburg |
| Listing VS Median (in Sharon Lakes) | |
Price: $120,000 low | high Med: $123,000 sqft: 667 low | high Med: 1,086 $ / sqft: $180 low | high Med: $113 On site: 31 low | high Med: 129 | |
| State | NC |
|---|---|
| County | Mecklenburg |
| City | Charlotte |
| Zip Code | 28210 |
| Area | Mecklenburg |
| Community Name | Sharon Lakes |
| School District | South Mecklenburg |
| Elementary School | Sterling |
| High School | South Mecklenburg |
| Listing VS Median (in Sharon Lakes) | |
Price: $120,000 low | high Med: $123,000 sqft: 667 low | high Med: 1,086 $ / sqft: $180 low | high Med: $113 On site: 31 low | high Med: 129 | |