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Buy a multi-family propertyat 1517 Allen Street, Charlotte, NC 28205

$699,900

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Multifamily

1,326 Sq. Ft.

6,534 Sq. Ft. lot

4 Bedrooms

2 Bathrooms

802 Days on market

4004059 MLS ID

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About 1517 Allen Street multi-family property

Don't miss this great investment opportunity, with a history of generating over $59k per year! Completely remodeled two unit property is currently being used as an income producing Airbnb. Sellers did a complete rehab on both units. Buyers will love the interiors which feature two bedrooms with ceiling fans, nice sized family rooms and beautiful bright kitchens w/ stainless appliances. Both units have updated baths w/ custom tiled tub/shower, modern lighting and new HVAC systems. Unit 1 has a modern feature wall w/ trim and a breezeway patio to enjoy. Unit 2 has a brand new water heater & space for a stackable washer/dryer. Unit 2 has access to the large deck where you can sit and enjoy the spacious backyard. Two new driveways provide plenty of parking! Schedule a showing today and see for yourself what makes this property so special! Check with the city of Charlotte for their new zoning ordinance UDO plan which could potentially allow for an additional unit on the the property.
Don't miss this great investment opportunity, with a history of generating over $59k per year! Completely remodeled two unit property is currently being used as an income producing Airbnb. Sellers did a complete rehab on both units. Buyers will love the interiors which feature two bedrooms with ceiling fans, nice sized family rooms and beautiful bright kitchens w/ stainless appliances. Both units have updated baths w/ custom tiled tub/shower, modern lighting and new HVAC systems. Unit 1 has a modern feature wall w/ trim and a breezeway patio to enjoy. Unit 2 has a brand new water heater & space for a stackable washer/dryer. Unit 2 has access to the large deck where you can sit and enjoy the spacious backyard. Two new driveways provide plenty of parking! Schedule a showing today and see for yourself what makes this property so special! Check with the city of Charlotte for their new zoning ordinance UDO plan which could potentially allow for an additional unit on the the property.

Property details

Appliances and Equipment

Description: "Electric Oven", "Electric Range", "Electric Water Heater", "Microwave", "Refrigerator", "Washer/Dryer"

Bathrooms

Full Bathrooms: 2

Bedrooms

Total Bathrooms: 4

House

Area: 1326

Architecture: "Ranch"

Building Area: 1326

Construction Materials: "Brick Full"

Year Built: 1966

Construction Type: Site Built

Cooling

Details: "Central Air"

Floors

Flooring: "Tile", "Vinyl"

Heating

Heating: "Central", "Heat Pump"

Laundry

Description: "Other - See Remarks"

Listing

Days on Market: 19

Listing Price: 699900

Location

City: Charlotte

State: NC

Zip: 28205

County: Mecklenburg

Subdivision: East End

Lot

Features: "Level"

Size: 0.15

Dimensions: 49x143x49x144

Size Units: Acres

Pets Policy

Description: "Yes"

Property

Zoning: R-5

Roof

Description: "Shingle"

Schools

Elementary: Villa Heights

Middle/Junior High: Eastway

High School: Garinger

Utilities

Sewer: "Public Sewer"

Water Source: "City"

Garage

Man Level Garage: 0

Monthly cost

Estimated monthly cost

$4,507/mo

All calculations are estimates and provided by Unreal Estate, Inc. for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$657,906

+$20,997

$678,903

Seller agent commission$20,997 (3%)*

$0 (0%)

Buyer agent commission$20,997 (3%)*

$20,997 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property All calculations are estimates and provided by Unreal Estate, Inc. for informational purposes only. Actual amounts may vary.

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State

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

Data updated: Mar 21, 2023 at 7:45 p.m.

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