Charlotte, NC 28216,1704-1732 Newland RD
Charlotte, NC 28216,1704-1732 Newland RD
Charlotte, NC 28216,1704-1732 Newland RD
17
$1,187,500
$1,299,000
8.6%
Est.Price: ?

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16 BD
8 BA
5,568 SqFt

1704-1732 Newland RD Charlotte, NC 28216

Est. payment /mo
SOLD DATE : 08/12/2024

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Key Details

Sold Price $1,187,500

Property Type Multi-Family

Sub Type Eightplex

Listing Status Sold

Purchase Type For Sale

Square Footage 5,568 sqft

Price per Sqft $213

Subdivision Lincoln Heights

MLS Listing ID 4150129

Sold Date 08/12/24

Bedrooms 16

Full Baths 8

Abv Grd Liv Area 5,568

Year Built 1962

Lot Size 1.190 Acres

Acres 1.19

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 RESIDENTIAL on the MLS# 4159829.

Location

State NC

County Mecklenburg

Zoning R5

Interior

Heating Central, Forced Air, Natural Gas

Cooling Central Air

Flooring Carpet, Tile

Fireplace false

Appliance Oven, Refrigerator

Exterior

Community Features None

Waterfront Description None

Parking Type Assigned, Driveway

Total Parking Spaces 2

Garage false

Building

Lot Description Corner Lot, Level

Foundation Crawl Space

Sewer Public Sewer

Water City

Structure Type Brick Full,Vinyl

New Construction false

Schools

Elementary Schools Unspecified

Middle Schools Unspecified

High Schools Unspecified

Others

Senior Community false

Special Listing Condition None

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Listed by Sami Bianouni • Ethics Realty Inc • sami@EthicsRealty.com
Bought with Sami Bianouni • Ethics Realty Inc

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Roshan Bhula

Broker | License ID: NC 321676, SC 128724

+1(704) 904-0480

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