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305 Bennett StreetCharlotte, NC 28213Price: $700,000

  • Price: $700,000
  • Est. Mortgage of $/month
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Federal 30-year interest rate: 6.6% last updated on Mar 23, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $700,000List Price
This is a great opportunity to have sellers develop and build 15 townhomes, an excellent investment opportunity! This parcel is less than 1/2 mile from well-sought-after NoDa, the Arts & Entertainment District of Charlotte, and has been given city approval for units to be 4bd 2.5bth, 3 story, 1800-1900 sqft with garage space. With the estimation of 350-375k+ resale value per townhome unit (conservatively). We also have the backing from a local financial institution to allow the future purchase of the individual townhomes, with them being a primary residence, to be 100% financed over a 30-40 year amortization. This is also a great opportunity for future ARBNB! Builders get your best offer in as deals like this don't come around often! 9 units are approved, an additional 6 can be with an extra 150k.
Listed by Tyler Goldsmith of Carolina Sky Real Estate Group,LLC

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