3403 Reid Avenue, Charlotte, NC 28208

FOR SALE
  • $80,000
  • reduced $10,000 on 9/13/2014
  • 73 Days on site
  • Beds: 4
  • Baths: 2 Full
  • Duplex
  • 1,404 sq ft
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  • MLS Photos (5)
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Description

3 BR 1BA house and 2 duplexes (2BR 1BA each) with the MLS listing numbers 3019715, 3019719, & 3019741 that are being sold as a package deal. Renovated around 2010 and due to bad management they got vandalized. Currently they need around $40K in repairs. Unit 3403-B is rented $450. All other units are boarded, in need of repairs. Potential Rent of $495 x4=$1,980 for the Duplexes and $695 for the house=$2,675x12=$32,100/$80K Purchase Price and $40K in repairs=$120,000 investment at 26. 75%(ROI)

  • MLS ID# 3019719
  • Year Built: 1930
  • 73 Days on site
  • Duplex
  • Beds: 4
  • Baths: 2 Full

Listing Details

Basement
Crawl Space
Parking
Gravel/Crushed Stone Driveway
Features
Brick Exterior, Porch
Cooling
Central Air, Central Cooling
Sewer
Public/City
Water
City, Electric Hot Water Heater

Public Facts: As provided by County Assessor and Recorder offices. May not reflect recent additions or improvements. If you see any errors, the best way to get the records updated is to contact your local county records office. If any of the information in this section conflicts with property information provided by a listing agent or broker, agent-provided information should be deemed more reliable.

Local Info

Population
34,512
Median Household Income
$33,748
Median Years In Residence
8
Median Homeowner Age
31
Households with Children
55.79%
Percent of Homes Rented
54.06%

Nearby Elementary Schools

4108 W Tyvola Rd
1546 Walton Rd
4622 Nations Crossing Rd

Nearby Middle Schools

3342 Griffith St
4622 Nations Crossing Rd
1901 Herbert Spaugh Ln

Nearby High Schools

3342 Griffith St
2001 Alleghany St
1430 Alleghany St

Nearby Other Schools

700 East 2nd St

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.

Mortgage Rates

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Property Contact Info

Listing Provided By: Ctl Properties Llc
(704) 503-3701
Listing Agent: Ronnie Brown

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