8914 E Wt Harris Boulevard

Estimated Monthly Payment: $3,416/mo 8914 E Wt Harris Boulevard, Charlotte, NC 28227 MLS# 3457758 Multi-Family Listing Status: Under Contract-Show
10
10
5,300 sqft
39
0
0
0

REMARKS:

Excellent Investment opportunity with a 8% CAP rate ( return on investment) from a 10 Unit Multifamily Apartments at the highly desirable intersection of Albemarle Rd and E W.T.Harris Blvd, close to Lawyers Rd in Charlotte. 100% occupancy. Property is at walkable distance to the YMCA, Walmart, Albemarle Elementary school & Middle schools, DMV, and County park. The location has abundant retail/shopping. City transit stops are just in front of the property. They property is very well maintained and has 24x7 online video surveillance system. Currently property is fully occupied (which has always been the case). Current rental is $675/ unit which translates to a total rent of $6,750/month. The location has easy access to Charlotte uptown, Matthews, Ballantyne , CIC , Harrisburg, and Concord - which can prove very beneficial for all kinds of workers across the Charlotte MSA region.

OVERVIEW:

Multi-Family
Eightplex+
Under Contract-Show
1984
Vinyl
Concrete, Crawl Space
5300
0.66
Wall Unit - AC, Wall Unit Heat
Corner Lot, Paved Frontage
City Water
City Sewer

FEATURES:

Security
Cable Prewire, Ceiling Fan(s), CO Detector, Cooktop Electric, Disposal, Electric Range/Oven, Exhaust Fan, Refrigerator
Carpet

ROOM INFO:

10
10

SCHOOLS:

Albemarle Road
Albemarle
Unspecified

FINANCIAL:

$749,000

NEIGHBORHOOD & SCHOOL INFORMATION:

Courtesy of Ram Realty LLC

 

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Data last updated: 01/17/2019