UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 1,185 sqft
Price per Sqft $278
Subdivision University Terrace North
MLS Listing ID 4316093
Bedrooms 4
Full Baths 4
HOA Fees $265/mo
HOA Y/N 1
Abv Grd Liv Area 1,185
Year Built 1997
Property Sub-Type Condominium
Property Description
Financial & Property Highlights:
Proven Income: Fully occupied with a total monthly rent of $2,400 ($600 per room). Tenants have a strong history of on-time payments and have meticulously maintained the property.
Ideal Co-Living Layout: The highly functional floor plan features 4 private bedrooms, each with its own en-suite full bathroom and walk-in closet—the gold standard for student and professional co-living.
Low-Maintenance Upgrades: Durable LVP flooring throughout the living areas and bedrooms, plus a spacious in-unit laundry room.
Turnkey Value: Refrigerator, washer, and dryer are all included in the sale.
Investor Friendly: NO RENTAL CAP in the community. The HOA covers exterior maintenance, trash, security, and 4 dedicated parking passes.
With its unbeatable location near major highways (I-85/I-485) and consistent high tenant demand, this property is a powerful addition to any portfolio. Schedule your showing today and start collecting rent on day one!
Location
State NC
County Mecklenburg
Zoning R-12MF
Rooms
Main Level Bedrooms 4
Main Level Bedroom(s)
Main Level Bedroom(s)
Main Level Bedroom(s)
Main Level Bathroom-Full
Main Level Bedroom(s)
Main Level Bathroom-Full
Main Level Bathroom-Full
Main Level Bathroom-Full
Interior
Heating Central
Cooling Central Air
Fireplace false
Appliance Electric Range, Microwave, Refrigerator, Washer/Dryer
Laundry In Unit, Laundry Room
Exterior
Street Surface Paved
Garage false
Building
Dwelling Type Site Built
Foundation Slab
Sewer Public Sewer
Water City
Level or Stories Three
Structure Type Vinyl
New Construction false
Schools
Elementary Schools Unspecified
Middle Schools Unspecified
High Schools Unspecified
Others
HOA Name William Douglas Management
Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Subject to Lease
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