1632 Club Road

$587,000
: 4
BD
: 2 Full Baths & 2 Half Baths
BA
: 2291 sq ft
SqFt

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List Price: $587,000
Status: Sold
Property Type: Multi-Family Duplex
Bedrooms: 4
Bathrooms: 2 Full Baths & 2 Half Baths
Living Area: 2291 sq ft
Lot Size: 50 ft x 133 ft (0.15 Acres)
Neighborhood: Midwood
Schools: Shamrock Garden Elementary, Eastway Middle, Garinger High School

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Property Description

1632 Club Road

* DUPLEX INVESTMENT OPPORTUNITY *

NEW OFF MARKET LISTING (Beat out other investors prior to home being listed in MLS)

Wonderful Duplex in popular trending "Midwood Neighborhood" of Charlotte Large all brick town home style duplex with two similar units.

Projected monthly rent $3000 ($1500 per side)
High Return on Investment
Strong projected Annual Appreciation
Excellent condition- Move in ready- no improvements needed
Low required property maintenance
Excellent 1031 exchange property
Consider short term AirBnB rental option for larger ROI (see Rabbu analysis information below)

Each unit has a living room, dining area, kitchen washer, dryer and a half bath downstairs. There are two large bedrooms and a full bath upstairs. Each unit about about 1150 heated living sq ft.

Private back yard is fenced with a large storage shed. Centrally located in the popular "Midwood neighborhood" near Charlotte Country Club. Walk to near by trending restaurants, bars, shopping and entertainment. Just minutes from downtown Charlotte.

One side is currently rented and one side is vacant for showings. Excellent option to move in one side and rent the other side or just rent both units.

** Please contact me for all inquiries regarding this property and other Charlotte area Multi-family Investment Properties.

Frank Lee
Greater Charlotte Properties
704-904-9690