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  • Overview

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  • Sales & tax history

  • Schools

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Buy a multi-family propertyat 1405 Catherine Simmons Avenue, Charlotte, NC 28216

$1,399,000

$1,425,000 (-1.82%)

$0/mo

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Multifamily

10,800 Sq. Ft.

1.33 Acres lot

24 Bedrooms

12 Bathrooms

346 Days on market

4009716 MLS ID

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About 1405 Catherine Simmons Avenue multi-family property

ATTENTION ALL INVESTORS! Here's your chance to own a turn-key 12 unit apartment building in Charlotte NC. 12 units. 100% occupied. Individually metered so tenants pay for gas, electric, and water. All units are 2 bed / 1 bath with central HVAC and laundry hook ups. 9 of 12 units have been updated in last 12 months. Has great cash flow and located in an Opportunity Zone for those interested in the tax advantages. Great management team already in place and room to increase rents. Located near Uptown Charlotte, this area is prime for future development. Charlotte has ranked as a top location for investment the last 3 years. No more than 25% Seller financing available for qualified buyers with acceptable terms. Financials available upon request. Serious inquiries only, please!
ATTENTION ALL INVESTORS! Here's your chance to own a turn-key 12 unit apartment building in Charlotte NC. 12 units. 100% occupied. Individually metered so tenants pay for gas, electric, and water. All units are 2 bed / 1 bath with central HVAC and laundry hook ups. 9 of 12 units have been updated in last 12 months. Has great cash flow and located in an Opportunity Zone for those interested in the tax advantages. Great management team already in place and room to increase rents. Located near Uptown Charlotte, this area is prime for future development. Charlotte has ranked as a top location for investment the last 3 years. No more than 25% Seller financing available for qualified buyers with acceptable terms. Financials available upon request. Serious inquiries only, please!

Property details

Appliances and Equipment

Description: "Electric Range", "Refrigerator"

Bathrooms

Full Bathrooms: 12

Half Bathrooms: 0

Bedrooms

Total Bathrooms: 24

House

Area: 10800

Architecture: "Ranch"

Building Area: 10800

Construction Materials: "Brick Partial", "Wood"

Year Built: 1961

Construction Type: Site Built

Cooling

Details: "Central Air"

Exterior Features

Features: "Lawn Maintenance"

Heating

Heating: "Central"

Laundry

Description: "Utility Room", "Washer Hookup"

Listing

Days on Market: 104

Listing Price: 1399000

Location

City: Charlotte

State: NC

Zip: 28216

County: Mecklenburg

Directions: Google 1405 Catherine Simmons Ave.

Lot

Features: "Cul-De-Sac", "Level", "Paved"

Size: 1.329

Dimensions: 303x110x350x150x95x40

Size Units: Acres

Pets Policy

Description: "No"

Roof

Description: "Composition"

Schools

Elementary: Unspecified

Middle/Junior High: Unspecified

High School: Unspecified

Utilities

Sewer: "Public Sewer"

Water Source: "City"

Garage

Man Level Garage: 0

Garage SqFt: 0

Monthly cost

Estimated monthly cost

$9,008/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Sale and tax history

Sales history

Date

Oct 14, 2020

Price

$350,000

Date

Oct 23, 2008

Price

$25,000

DatePrice
Oct 14, 2020$350,000
Oct 23, 2008$25,000

Schools

This home is within the Charlotte-mecklenburg Schools.

Charlotte enrollment policy is not based solely on geography. Please check the school district website to see all schools serving this home.

Private schools

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$1,315,060

+$41,970

$1,357,030

Seller agent commission$41,970 (3%)*

$0 (0%)

Buyer agent commission$41,970 (3%)*

$41,970 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $41,970 more selling your home
with a Unreal Estate agent

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State

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Unreal Estate checked: Aug 8, 2023 at 4:33 p.m.

Data updated: Jun 27, 2023 at 3:43 p.m.

Courtesy of Latria Incorporated.
Based on information submitted to the MLS GRID as of 08/08/2023. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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