4911 Malibu DR Pending

Charlotte,NC 28215

$ 369000

4 Beds

2 Baths

1800 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Square Footage 1,800 sqft

Price per Sqft $205

Subdivision Lake Plaza

MLS Listing ID 4145699

Bedrooms 4

Full Baths 2

Year Built 1967

Lot Size 0.270 Acres

Property Description

Investors & savvy Home Buyers! Perfect opportunity for new & seasoned investors to own an excellent income-producing duplex W/ upside of raising rents significantly. Both are occupied W/ long-term/great tenants on month to month lease. (4 years- $1075 & 12 years- $880). It can easily go up to $1200 per side now. No HOA. Each side is 2BRs & 1Bas. Potential rents after cosmetic upgrades will range between $1350-$1500 per side?just 5-15 minutes to NoDa, South End, Plaza Midwood, & Uptown area. Close to the light rail, shopping, restaurants, & entertainment. DO NOT DISTURB TENANTS- NO SHOWINGS UNTIL ACCEPTED OFFER. DD WILL BE DUE THE DAY OF THE WALKTHROUGH. Upgrades- New roof & gutters-2020. 4911 Malibu- new sub-floor, & LVP floor, paint, appliances, cabinets, counters, light fixtures, vanity, all plumbing fixtures & much more. Owner occupant with FHA- we can provide notice to vacate to one side and deliver one side vacant. Professionally managed and can stay on for new owner if desired.

Location

State NC

County Mecklenburg

Zoning R22MF

Interior

Heating Forced Air,Natural Gas

Cooling Central Air,Heat Pump

Flooring Carpet,Linoleum,Vinyl

Exterior

Roof Type Shingle

Building

Dwelling Type Site Built

Foundation Crawl Space

Sewer Public Sewer

Water City

Structure Type Brick Full

New Construction false

Schools

Elementary Schools Unspecified

Middle Schools Unspecified

High Schools Unspecified

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Subject to Lease

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