A+ location. 200ft from Sugar Creek Light Rail Station where over $200M of development is in-process at Station House and 5-min walk to downtown NoDa! Great opportunity w/lots of upside for a homeowner, investor, rehabber or builder! Property in great condition and recently was leased for $1,400/mo. Property is now vacant and ready for move-in. Property would also make a great Airbnb given the proximity to the Sugar Creek Light Rail Station. Based on ownership's experience leasing via Airbnb on Bearwood Ave, an average rental rate of $120/nt at 70% occupancy ($2,520/mo) + cleaning fees ($60/clean) is projected. Since purchasing, ownership has improved the electrical, plumbing, all new flooring, lighting, kitchen updates, bath updates and landscaping throughout. No known issues. Selling As-Is. Please see attachments for information on how/where the property can be considerably expanded
Off market
Zestimate®
$265,700
3905 Bearwood Ave, Charlotte, NC 28205
3beds
817sqft
SingleFamily
Built in 1950
7,405 Square Feet Lot
$265,700 Zestimate®
$325/sqft
$1,634 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Forced air, Electric
Cooling
- None
Appliances
- Included: Range / Oven, Refrigerator
- Laundry: Main Level
Features
- Ceiling Fan(s)
- Flooring: Hardwood
- Basement: Crawl Space
- Has fireplace: Yes
Interior area
- Total interior livable area: 817 sqft
- Finished area below ground: 0
Property
Features
- Exterior features: Wood
- Fencing: Fenced Yard
Lot
- Size: 7,405 sqft
Details
- Parcel number: 09104102
- Zoning: B2
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
Materials
- Roof: Asphalt
Condition
- Year built: 1950
Utilities & green energy
- Water: City Water
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s)
Location
- Region: Charlotte
Other
Other facts
- Flooring: Wood
- Heating: Forced Air, Electric Hot Air
- InteriorFeatures: Ceiling Fan(s)
- HeatingYN: true
- CoolingYN: true
- Zoning: B2
- RoomsTotal: 1
- CurrentFinancing: Conventional, FHA, Cash, FHA 203(k), Other - See Media/Remarks, Construction Perm Loan
- ElectricOnPropertyYN: True
- OpenParkingSpaces: 0
- SpecialListingConditions: Standard
- Basement: Crawl Space
- FarmLandAreaUnits: Square Feet
- ParkingFeatures: Driveway, Gravel
- CoveredSpaces: 0
- OpenParkingYN: true
- Fencing: Fenced Yard
- ConstructionMaterials: Wood
- Appliances: Electric Water Heater
- BelowGradeFinishedArea: 0
- LaundryFeatures: Main Level
- SecurityFeatures: Carbon Monoxide Detector(s)
- WaterSource: City Water
- StructureType: Site Built
- RoadResponsibility: Publicly Maintained Road
- MlsStatus: Under Contract-Show
- TaxAnnualAmount: 61000.00
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Estimated market value
$265,700