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1704-1732 Newland Road

Charlotte, NC 28216
  • $1,350,000
  • STATUS: Active
  • ON SITE: 7 Days
  • ID#: 4159829
$1,350,000
  • 16
    BEDS
  • 1.19
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
  • 5,568
    SQFT
  • $242
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1962
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Canopy MLS logo Offered by Ethics Realty Inc: 704-519-8745. Copyright 2024 Canopy MLS. All rights reserved.

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 multifamily on the MLS# 4150129.

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MLS Grid logo Based on information submitted to the MLS GRID as of 2024-07-17T23:33:41.417 UTC. 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.The data relating to real estate on this Web site derive in part from the Canopy MLS 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 ALBRICK 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. © 2024 Canopy MLS.

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1704-1732 Newland Road Charlotte, NC 28216

  • Price: $1,350,000
  • Status: Active
  • On Site: 7 Days
  • ID#: 4159829
16
Beds
8
Baths
0
½ Baths
1.19
Acres
5,568
SQFT
$242
$/SQFT
1962
Built
Neighborhood:
Lincoln Heights
County:
Mecklenburg
Area:
Charlotte
Elementary School:
Unspecified
Middle School:
Unspecified
High School:
Unspecified
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 multifamily on the MLS# 4150129.
Exterior Features

Assigned Spaces 2 Carport YN No Construction Materials Brick FullVinyl Construction Type Site Built Foundation Details Crawl Space Garage YN No Levels One Lot Features Corner LotLevel Main Level Garage YN No Parking Features AssignedDriveway Patio And Porch Features Covered Road Responsibility Publicly Maintained Road Road Surface Type Concrete Waterfront Features None Window Features Insulated Window(s)

Interior Features

Above Grade Finished Area 5568 Additional Parcels Description 077-061-09 Appliances OvenRefrigerator Basement YN No Below Grade Finished Area 0 Cooling Central Air Fireplace YN No Flooring CarpetTile Garage Spaces 0 Heating CentralForced AirNatural Gas Laundry Features Laundry Room Lower Square Feet 0 Main Square Feet 5568 Rooms Main (Primary Bedroom) Sq Ft Unheated Total 0 Sq Ft Upper 0 Third Square Feet 0

Property Features

Assumable YN No Auction YN No CCRSubject To No City Taxes Paid To Charlotte Community Features None Hoa Subject To None Land Included YN Yes New Construction YN No Pets Allowed No Property Sub Type Single Family Residence Restrictions N/A Senior Community YN No Sewer Public Sewer Special Listing Conditions None Water Source City Zoning RE-5



MLS Grid logo Based on information submitted to the MLS GRID as of 2024-07-17T23:33:41.417 UTC. 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.The data relating to real estate on this Web site derive in part from the Canopy MLS 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 ALBRICK 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. © 2024 Canopy MLS.

Some IDX listings have been excluded from this website.

Digital Millennium Copyright Act
 
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ALBRICK
9140 Arrowpoint Blvd, Suite 380
Charlotte NC, 28273
Canopy MLS logo Offered by Ethics Realty Inc: 704-519-8745. Copyright 2024 Canopy MLS. All rights reserved.