1438 Chimney Rock Court, Charlotte, NC 28262

$255,000 Asking Price

2 beds
2 baths
1,106  sqft
Built in 1998

TURNKEY INVESTOR SPECIAL! Bustling University-Area 2 BR + Bonus Room/2 BA with fenced-in yard available with tenant in place paying $1,450.00/month! Listed under tax value, this is a great opportunity to immediately cash flow an asset in a high-growth area. Awesome location near UNCC, IKEA, I-85 (exit 43), & 10 minutes to Uptown. Home appears to have a 1-car garage, but part of it has been converted into versatile living space (3rd bedroom/office/storage) and the other part of it is too small for a car but can be used for storage (lawn mower, bikes, etc.). Rental rate is currently below market, but tenant is vacating 10/31/24 and can be potentially raised then. Split bedroom layout with each having a private full bathroom is great for roommates! Recent upgrades include new hot water heater (June 2022). HOA fees are only $20/month. Existing property management can stay in place or be removed upon closing. Great addition to your southeastern rental home portfolio!


Features & Amenities

Interior

General:
Cable Prewire
Appliances:
Dishwasher, Electric Oven, Refrigerator
Laundry:
Laundry Closet, Main Level
Flooring:
Carpet, Hardwood, Vinyl
A/C:
Central Air, Electric
Heating:
Central, Natural Gas
Fireplace:
Family Room, Gas, Fireplace

Exterior

Style:
Traditional
Other Structures:
Front Porch, Patio, Covered
Parking:
Driveway, On Street

Construction

Roofing:
Shingle
General:
Site Built, Slab

Location

Road/Access:
Concrete, Paved
HOA Amenities:
240.0, Annually
Originating MLS:
carolina
County:
Mecklenburg

Lot

Zoning:
N1-D, 047-074-67
Fencing:
Back Yard, Fenced

Utilities

Utilities:
Cable Available, Electricity Connected, Gas
Water:
City
Sewer:
Public Sewer

Financial

Source:
carolina

This listing courtesy of:
BDF Realty, Inc.

About Charlotte, NC

Housing

Number of Units
415,560
Median Home Value
$303,534
Median Rent
$1,088

46.71% of housing units are renter occupied.

6.35% are vacant.

Commute

Car
57.32%
Public Transportation
2.14%
Walk to Work
1.34%
Work from Home
38.37%
Other
0.70%

The median travel time to work is 17 minutes.

People

Population
960,677
Median Age
35.70
Median Household Size
2.55

Education

High School
16.32%
Associate’s Degree
8.27%
Bachelor’s Degree
29.72%
Graduate Degree
16.09%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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