4102 Craig Avenue, Charlotte, NC 28211
- $2,950,000
- 18
- BD
- 11,268
- SqFt
Listing courtesy of BnBCabins Inc. wataugarealtor@gmail.com
- List Price
- $2,950,000
- Status
- ACTIVE
- MLS
- 4399631
- Beds
- 18
- Full Baths
- 18
- County
- Mecklenburg
- Type
- Multifamily
- Year Built
- 1961
- Agent
- John Cockman
Property Description
Located in the heart of Charlotte's desirable Cotswold neighborhood, this 18-unit multifamily property offers a rare mix of immediate stability and long-term upside. Spread across four buildings on two distinct parcels (4102 Craig Ave and 1401 Falcon St), the portfolio consists entirely of easily leasable 1BR/1BA floor plans. Recent interior renovations, including modernized kitchens and baths, limit upfront capital expenditures. Investors can capitalize on historically strong tenant demand in the 28211 zip code while systematically capturing market-rate premiums to drive revenue growth. Buildings are at full occupancy except for one unit held open for showings. Ask about our other properteries -- this seller has 124 units for sale at 5 different complexes, all 1, 2, and 3 bedroom.
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Additional Information
- Subtype
- Residential Income
- Lot Description
- Corner Lot, Paved
- Living Area
- 11,268
- Elementary School
- Billingsville Cotswold
- Middle School
- Alexander Graham
- High School
- Myers Park
- Directions
- These units are in two locations: 4102 Craig Ave (two buildings) and 1401 Falcon Street (two buildings).
- Roof
- Architectural Shingle
- Foundation
- Crawl Space
- Floors
- Tile, Wood
- Water
- City
- Sewer
- Public Sewer
- Appliances
- Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Oven, Refrigerator
- Driveway
- Asphalt, Paved
- Cooling
- Electric
- Water
- City
- Sewer
- Public Sewer
- Foundation
- Crawl Space
- Roof
- Architectural Shingle
Mortgage Calculator
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