8914 E Wt Harris Boulevard

    Charlotte, NC 28227
    • $749,000
    • STATUS: Active
    • ON SITE: 75 days
    • ID#: 3457758
    UPDATED: 69 min ago
    $749,000
    • 10
      BEDS
    • 0.66
      ACRES
    • 10
      BATHS
    • 0
      1/2 BATHS
    • 5,300
      SQFT
    • $141
      $/SQFT
    Type:
    Multi-Family
    Built:
    1984
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    Offered by Ram Realty Llc. Copyright 2019 Carolina Multiple Listing Services. All rights reserved.

    Description

    Excellent Investment opportunity with a 8% CAP rate ( return on investment) from a 10 Unit Multifamily Apartments at the highly desirable intersection of Albemarle Rd and E W.T.Harris Blvd, close to Lawyers Rd in Charlotte. 100% occupancy. Property is at walkable distance to the YMCA, Walmart, Albemarle Elementary school & Middle schools, DMV, and County park. The location has abundant retail/shopping. City transit stops are just in front of the property. They property is very well maintained and has 24x7 online video surveillance system.Currently property is fully occupied (which has always been the case). Current rental is $675/ unit which translates to a total rent of $6,750/month.The location has easy access to Charlotte uptown, Matthews, Ballantyne , CIC , Harrisburg, and Concord - which can prove very beneficial for all kinds of workers across the Charlotte MSA region.

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    The data relating to real estate on this Web site derive in part from the Carolina Multiple Listing Services, Inc. IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither MECA Realty, LLC nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2019 Carolina Multiple Listing Services, Inc. Data last updated 2019-02-22T07:58:53.1.

    Digital Millennium Copyright Act
    www.mecarealty.com/homes/89945953

    8914 E Wt Harris Boulevard Charlotte, NC 28227

    • Price: $749,000
    • Status: Active
    • Updated: 69 min ago
    • ID#: 3457758
    10
    Beds
    10
    Baths
    0
    ½ Baths
    0.66
    Acres
    5,300
    SQFT
    $141
    $/SQFT
    1984
    Built
    County:
    Mecklenburg
    Area:
    Charlotte
    Elementary School:
    Albemarle Road
    Middle School:
    Albemarle
    High School:
    Unspecified
    Property Description
    Excellent Investment opportunity with a 8% CAP rate ( return on investment) from a 10 Unit Multifamily Apartments at the highly desirable intersection of Albemarle Rd and E W.T.Harris Blvd, close to Lawyers Rd in Charlotte. 100% occupancy. Property is at walkable distance to the YMCA, Walmart, Albemarle Elementary school & Middle schools, DMV, and County park. The location has abundant retail/shopping. City transit stops are just in front of the property. They property is very well maintained and has 24x7 online video surveillance system.Currently property is fully occupied (which has always been the case). Current rental is $675/ unit which translates to a total rent of $6,750/month.The location has easy access to Charlotte uptown, Matthews, Ballantyne , CIC , Harrisburg, and Concord - which can prove very beneficial for all kinds of workers across the Charlotte MSA region.
    Exterior Features

    Construction Type Site Built Driveway Asphalt Exterior Construction Vinyl Foundation ConcreteCrawl Space Lot Description Corner LotPaved Frontage Parking Parking Space - 4+

    Interior Features

    Equipment Cable PrewireCeiling Fan(S)Co DetectorCooktop ElectricDisposalElectric Range/OvenExhaust FanRefrigerator Fireplace No Floor Coverings Carpet Heating Wall Unit - AcWall Unit Heat Laundry Location None Sq Ft Additional 700 Sq Ft Basement 0

    Property Features

    Agent Owner No Community Features Security Green Certification None Multifamily Type Eightplex+ New Construction No Sewer City Sewer Special Conditions None Tenant Responsibilities CableElectricity Water City Water Water Heater Electric Zoning A500



    The data relating to real estate on this Web site derive in part from the Carolina Multiple Listing Services, Inc. IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither MECA Realty, LLC nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2019 Carolina Multiple Listing Services, Inc. Data last updated 2019-02-22T07:58:53.1.

    Digital Millennium Copyright Act
     
    MECA Realty, LLC
    2459 Wilkinson Blvd, Suite 100
    Charlotte NC, 28208
    Offered by Ram Realty Llc. Copyright 2019 Carolina Multiple Listing Services. All rights reserved.