Veterans United Realty
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2113 Lombardy Circle, Charlotte, NC 28203

$819,000 Asking Price

4 beds
2 baths
2,021  sqft
Built in 1956

GREAT REDEVELOPMENT OPPORTUNITY with this prime DILWOTH lot location close to uptown Charlotte. A classic style income producing duplex property currently exists on the lot. The property could be redeveloped for single family or multi-family. (Consult County zoning) Buyer can receive many great immediate benefits in the form of rental cash flow, tax savings, principal reduction & property appreciation while formulating any redevelopment plan. This property has an outstanding return on investment history (15.6% annual ROI) Many use options for this property might include- standard duplex rental, live in one side & rent the other side, renovate, expand, or build a new single family home. Located within walking distance to restaurants, shopping, Freedom Park, Latta Park and South End. Minutes from downtown, all sports arenas, the airport & major Hwys. Schools are among the best in the area. Please contact the listing agent for all questions or request for financials and rent information.


Listing Status:
Active
Date Added:
November 2, 2023 — 323 days ago
Listing Office:
Greater Charlotte Properties
Office Phone:
704-370-6353
MLS ID:
4084353

Features & Amenities

Interior

Appliances:
Dishwasher, Disposal, Dryer, Electric Oven, Gas Water Heater, Refrigerator, Washer
Laundry:
In Kitchen
Flooring:
Vinyl, Wood
A/C:
Ceiling Fan(s), Central Air
Heating:
Central, Forced Air, Natural Gas

Exterior

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

Construction

Roofing:
Shingle
General:
Site Built, Crawl Space

Location

Road/Access:
Concrete, Paved
Originating MLS:
carolina
County:
Mecklenburg

Lot

Zoning:
N1-C, 151-022-03
Fencing:
Privacy

Utilities

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

Financial

Source:
carolina

This listing courtesy of:
Greater Charlotte Properties

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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