2427 Carmine Street | Sinko Realty LLC
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$1,250,000
Active NEW 0 days

2427 Carmine Street

Charlotte, NC, 28206

17 Bedrooms | 0 Bathrooms | 6,517 Sq Ft | 0.76 Acres
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Property Description

This 11-unit multifamily asset offers a straight-forward value-add opportunity in North Charlotte's path of growth. The property is currently ~45% occupied, with some vacancies immediately rent-ready and others requiring finishing the renovation plan to drive NOI growth. The unit mix consists of six 2BR/1BA units and 5 1BR/1BA units. Significant capital improvements have been carried out by current ownership including exterior, roof, HVACs, and multiple unit renovations.

Property Details

Property Type: Apartment
Year Built: 1963
Living Area: 6,517 sq ft
Price / Sq Ft: $192
Lot Size: 0.76 acres
Bedrooms: 17
Bathrooms: 0
Cooling: Central Air, Electric
Heating: Central
Water: City
Sewer: Public Sewer
Foundation: Crawl Space
Construction: Brick Full
Laundry: In Unit

Appliances

Dishwasher, Electric Range, Microwave, Refrigerator

Schools

Elementary: Unspecified
High: Unspecified

Financial Information

List Price: $1,250,000
HOA: No
Listing Information
Status: Active
MLS #: 4339842
Listing Firm: Britt Commercial Real Estate, LLC
Listing Agent: Zach Britt
Agent Email: zbritt@brittcre.com

Estimated Monthly Payment

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Estimated Payment
$7,727
per month
Payment Breakdown
Principal & Interest $6,321
Property Tax (est.) $1,042
Insurance (est.) $365
Total Monthly $7,727

* This is an estimate only. Actual payments may vary based on lender terms, credit score, property taxes, insurance rates, and HOA fees. Contact a lender for accurate quotes.

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