Property Description
INVESTOR OPPORTUNITY WITH MAJOR UPSIDE!
This expansive 2,800 sq ft ranch offers incredible potential for the savvy investor, builder, or renovator. Featuring 3 bedrooms, 2 bathrooms, and a spacious bonus/entertainment room, the layout provides a strong foundation for a high-value transformation.
The property includes an attached 1-car garage plus a large, detached shop with driveway—perfect for car enthusiasts, woodworkers, or those operating a home-based business.
Ideally located directly across from Paw Creek Elementary, and just minutes to I-485, Charlotte Douglas International Airport, and Uptown Charlotte, this property offers both convenience and long-term value. Optional access to the Coulwood community pool adds additional appeal.
Zoned N1-A (buyer to verify with the City of Charlotte), this parcel presents excellent redevelopment potential, with the possibility for multiple homes, duplexes, or triplexes.
Important Notes: Property does have significant termite damage affecting the front two bedrooms and living room (including floor joists, subflooring, and portions of the sill plate). Estimated repair cost is approximately $35,000 - $40k)
Sold AS-IS, with pricing reflective of condition. ARV could be over $600k. CASH, FHA 203k Renovation Loan, or Hard Money Lender
Property Details
Appliances
Schools
Financial Information
Status: Active
MLS #: 4366814
Listing Firm: Francis Real Estate Group, Inc
Listing Agent: Zach Francis
Agent Email: Zach@FrancisTeam.com
