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Archived over 2 years ago

$315,000

3 bd 1 ba 1149 sqft

2932 Parkway Avenue, Charlotte, NC 28208

Residential SFR Occupied Needs Repairs Off MLS

Current Rent **

$1,100

Projected Rent **

$1,500

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Posted By:

Prince Mayela

Hot Enderly Park Opportunity (Charlotte, NC)

I have a property for sale in the hot Enderly Park Neighborhood in Charlotte, NC. This property is only six minutes away from Uptown Charlotte eventful areas such as Romare Bearden Park and the Bank of America Stadium. There home next door recently sold for more than $370,000, and there are great comps in the area. It is also only one minute away from Enderly Coffee. There are a ton of new construction homes in the area selling from the mid 400s-600s dollar price range. Enderly Park has seen a rapid growth in commercial development as well. The roof and HVAC systems were updated in 2018.

Feel free to give me a call about this property at 980-213-9982 or email me at [email protected].

Location:

2932 Parkway Avenue, Charlotte, NC 28208

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.