3309 Ritch Avenue | Sinko Realty LLC
$399,900
UNDER CONTRACT

3309 Ritch Avenue

Charlotte, NC, 28206

2 Bedrooms | 1 Bathrooms | 893 Sq Ft | 0.18 Acres
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Property Description

***MULTIPLE OFFERS RECEIVED*** Monday 2/26 at 5pm Deadline *** Unlock the potential of this classic single-family home in the vibrant Arts District of NODA. Across the street from Amelie''s French Bakery&Cafe. This 2-bed, 1-bath home sits on a generous lot, providing an even and expansive backyard with room for outdoor living, landscaping improvements, or future expansion.
This home is ideal for investors or renovators looking to capitalize on the growing demand in this neighborhood. Please do your due diligence on AirBnb or short term rentals in this area. With a full gut renovation and/or expansion, it can deliver strong rental income or significant resale appreciation. Situated in a community with a mix of established homes and evolving properties, this property offers flexibility, whether youโ€™re planning a renovation project, adding value through strategic updates, or positioning it for long-term rental income. The large backyard is a standout amenity, perfect for outdoor enhancements, tenant appeal, or future additional structures.
Great opportunity for investors seeking a property with character, size, and room to grow. Schedule a showing today!

Property Details

Property Type: Single Family Residence
Year Built: 1948
Living Area: 893 sq ft
Price / Sq Ft: $448
Lot Size: 0.18 acres
Bedrooms: 2
Bathrooms: 1 (1 full, 0 half)
Days on Market: 11
Subdivision: Caldwell Acres
Cooling: Central Air
Heating: Forced Air
Water: City
Sewer: Public Sewer
Foundation: Slab
Construction: Vinyl
Laundry: Main Level
Flooring: Concrete, Vinyl, Wood
Patio/Porch: Front Porch
Fireplace: Living Room

Appliances

None

Schools

Elementary: Highland Renaissance
High: Garinger

Financial Information

List Price: $399,900
HOA: No
Listing Information
Status: Active Under Contract
MLS #: 4344038
Listing Firm: Showcase Realty LLC
Listing Agent: Nancy Braun
Agent Email: nancy@showcaserealty.net

Market Insights

Beta
Charlotte is a Buyer's Market

Inventory is high and competition is low. Buyers have more negotiating power.

Buyer's Market Seller's Market
1,744 Active Listings
625 Sold (Last 90 Days)
8.4 mo Inventory
-
98.1%
List to Sale Price
Homes typically sell for about 2% below list price.
~
60 days
Avg. Days on Market
Homes typically go pending in about 9 weeks.
$
$453,000
Median Sale Price
Based on 625 recent sales

Estimated Monthly Payment

Full Calculator โ†’
Estimated Payment
$2,472
per month
Payment Breakdown
Principal & Interest $2,022
Property Tax (est.) $333
Insurance (est.) $117
Total Monthly $2,472

* 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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Equal Housing Opportunity

Equal Housing Opportunity: Sinko Realty LLC is committed to the principle of equal housing opportunity. All listings are subject to the Federal Fair Housing Act.

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