3905 Bearwood Ave #P29, Charlotte, NC 28205

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. For those interested in expanding, building up building up in the future, a 35ft, 3,500sf home is buildable by-right. Selling As-Is.