Property Listing No Longer Available for Sale

406 W 9th St, Charlotte, NC

Multi-family for Sale - $1,565,000 - 6,000 Sq. Ft.


Property Info

CIMLS#1095863
Location
  406 W 9th St
  Charlotte NC 28202
UpdatedJune 21st, 2021
TypeMulti-family
Price$1,565,000
Building6,000 Sq. Ft.

Property Description

Excellent location in the Fourth Ward neighborhood of Uptown.? Across the street from Alexander Michaels, a popular local tavern, and within walking distance of Fourth Ward park and the heart of Uptown.?

?Ten 1 bed/1 bath apartments (±600 SF each)

?90% occupied

?Rents range from $900-$1,029 per month

?Short term leases ending in 2021 or 2022

?4 covered parking spaces (additional income)Street parking permits available

?On-site coin laundry (additional income)

?Dedicated HVAC in each unit

?Landlord responsible for water, sewer, & trash


Financials