CASH FLOWING!!! This property is nestled in the heart of 28208 (one of the fastest growing renovation markets in Charlotte) and is primed for multiple equity gain possibilities. The property is zoned R4, so you could redevelop into a 4 plex. You could let it cash flow as it builds even greater equity from the current boom that's happening there right now. OR you could do a small renovation now and resale it to a retail buyer for about a 30% profit. Either way, this area is turning to gold and you can't go wrong.
Off market
Zestimate®
$230,500
4304 Hovis Rd, Charlotte, NC 28208
3beds
1,092sqft
SingleFamily
Built in 1997
10,018 Square Feet Lot
$230,500 Zestimate®
$211/sqft
$1,444 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Forced air, Gas
Cooling
- None
Appliances
- Included: Range / Oven, Refrigerator
- Laundry: Main Level
Features
- Ceiling Fan(s), Wired for Data
- Flooring: Tile, Hardwood, Linoleum / Vinyl
- Basement: Crawl Space
Interior area
- Total interior livable area: 1,092 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
Features
- Exterior features: Vinyl
Lot
- Size: 10,018 sqft
- Features: Level
Details
- Parcel number: 06310716
- Zoning: R5
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
Materials
- Roof: Other
Condition
- Year built: 1997
Utilities & green energy
- Water: City Water
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s)
Location
- Region: Charlotte
Other
Other facts
- Flooring: Wood, Tile, Vinyl Plank
- BuildingFeatures: DSL/Cable Available
- Heating: Forced Air, Gas Hot Air/Furnace
- Zoning: R5
- InteriorFeatures: Ceiling Fan(s), Wired for Data
- HeatingYN: true
- CoolingYN: true
- NewConstructionYN: 1
- RoomsTotal: 1
- CurrentFinancing: Conventional, FHA, Cash, Construction/Perm Loan
- LotFeatures: Level
- OpenParkingSpaces: 0
- SpecialListingConditions: Standard
- Basement: Crawl Space
- FarmLandAreaUnits: Square Feet
- ParkingFeatures: Driveway, Concrete
- CoveredSpaces: 0
- OpenParkingYN: true
- ConstructionMaterials: Vinyl, Aluminum
- Appliances: Electric Water Heater
- BelowGradeFinishedArea: 0
- LaundryFeatures: Main Level
- SecurityFeatures: Carbon Monoxide Detector(s)
- WaterSource: City Water
- StructureType: Site Built
- RoadResponsibility: Publicly Maintained Road
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Estimated market value
$230,500