INVESTMENT OPPORTUNITY NEAR UNCC! 4 bedroom 2 bathroom Condo unit located short distance from UNCC - University of North Carolina Charlotte. 3rd floor balcony unit located with exterior stair access. Complex is located across from a UNCC parking lot and UNCC bus stop on John Kirk for access around campus. Open floor plan with a living room, access to front balcony and galley kitchen. There are 4 bedrooms and 2 bathrooms plus a laundry room. Units are all currently rented - One lease for each bedroom, typically following University schedule - through 7/30/2024. However, Current tenants have renewed their leases from August 1, 2024 through July 30, 2025 at $560.00 per month for each bedroom. Total rental amount for the unit is $2240 a month for August, 24 - July, 25. Current owner's have capped utility usage to 200 a month with tenants paying overage for electric/water. 24 hour notice for any showing requests. Do not Disturb Tenants.
Property Features
Bedrooms
- Bedrooms: 4
- Bedrooms On Main Level: 4
- Bedroom 1 Level: Main
Other Rooms
- Total Rooms: 4
- Entry Foyer Level: 3
- Living Room Level: Main
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Full Bathrooms On Main Level: 2
- Bathroom 1 Level: Main
Appliances
- Dishwasher
- Electric Oven
- Electric Range
- Refrigerator
- Washer/Dryer Included
- Laundry Features: Electric Dryer Hookup
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Heat Pump
Interior Features
- Flooring: Carpet, Laminate Wood, Vinyl
Kitchen and Dining
Exterior and Lot Features
- Lawn Maintenance
- Patio And Porch Features: Balcony
- Road Responsibility: Privately Maintained Road
- Road Surface Type: Paved
Garage and Parking
- Open Parking Spaces: 3
- Open Parking: Yes
- Parking Features: Parking Lot
Homeowners Association
- Association: Yes
- Association Fee: 230
- Association Fee Frequency: Monthly
- Calculated Total Monthly Association Fees: 230
- Association Name: William Douglas
Amenities and Community Features
- Community Features: Sidewalks, Street Lights
Other Property Info
- Source Listing Status: Active Under Contract
- County: Mecklenburg
- Source Property Type: Residential
- Property Subtype: condo
- Source Neighborhood: University Terrace
- Parcel Number: 051-331-72
- Postal Code Plus 4: 7115
- Subdivision: University Terrace
- Zoning: R12MFCD
- Zoning Description: R12MFCD
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1090
- Year Built: 1989
- Construction Materials: Brick Partial, Vinyl, Wood
- Foundation Details: Slab
- Levels: 1 Story
- Property Age: 35
- Structure Type: Site Built
- Total Area Main: 1090
Utilities
- Sewer: City Sewer
- Cable Available
- Water Source: City Water