BEDS20
BATHS20 full
SQUARE FEET12,524
MLS#4361715
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Presenting an exceptional value-add multifamily investment opportunity located at 3500 North Sharon Amity Road in the rapidly expanding East Charlotte submarket. This highly efficient 20-unit asset consists entirely of desirable 1-bedroom, 1-bathroom floor plans, catering perfectly to the area's growing demographic of young professionals seeking affordable proximity to Charlotte's urban core. Owned and maintained by the same owner for decades, the property features a proven, organic value-add program where interior renovations have been successfully executed over the last decade as units turn over, effectively proving out the post-renovation rent premiums. Strategically positioned just minutes from Charlotte's most vibrant cultural and entertainment districts, including Plaza Midwood, NoDa, and the Uptown central business district, the property provides immediate access to major transit routes, prominent employment hubs, and ongoing commercial redevelopment corridors. Furthermore, the site boasts high-visibility frontage directly along the North Sharon Amity Road corridor with outstanding exposure and traffic counts exceeding 25,000 vehicles per day. Tenants benefit from exceptional convenience, being surrounded by a robust lineup of daily-needs retailers within walking distance or a short drive, including Food Lion, Walgreens, CVS, Family Dollar, and Bojangles. Supported by strong submarket fundamentals and dense local demographics featuring a population of over 95,000 residents within a 3-mile radius, 3500 North Sharon Amity Road is perfectly positioned to capture the influx of renters who desire the lifestyle amenities of Charlotte's premier historic districts but require a more approachable price point, ensuring long-term tenant demand and property appreciation for the new owner.
Property Features
Property Type: Multi Unit - Multiple
Heating: Electric, Natural Gas, Separate Meters, Wall Furnace
Lot Size: 1.23 Acres
Roof Type: Architectural Shingle
Year Built: 1962
Amenities
Open Floorplan
Pantry
Feature Descriptions
Appliances: Electric Oven, Electric Range, Electric Water Heater, Refrigerator
Community Features: Sidewalks, Street Lights
Days on Site: 4
Exterior: Brick Full
Flooring: Tile, Vinyl, Wood
Foundation: Crawl Space
Laundry: None
Lot: Corner Lot, Green Area, Level, Paved
Parcel#: 103-011-14, 103-011-22
Parking: Parking Lot
Pets Allowed: No
Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer: Public Sewer
Units: 20
Utilities: Cable Available, Electricity Connected, Natural Gas
Water: City
Window Features: Insulated Window(s)
Local Schools
High School: Garinger
Middle School: Eastway
Elementary School: Idlewild
Listed By / Shown By
Listed By
Agency Name: BnBCabins Inc
Agency Contact: wataugarealtor@gmail.com
Shown By
Agent Name: Belinda Howdyshell
Agent Phone: Cell: (704) 625-6260
Agency Title: Lake Norman Realty
Estimate Your Payment
Estimated Payment
$ 0.00 per month $0.00 Principal & Interest $0.00 Property Tax (data not provided by mls) $0.00 Homeowner's InsuranceChange Payment Information
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3500 N Sharon Amity Road | MLS# 4361715
This multi-family property located at 3500 N Sharon Amity Road, Charlotte, NC 28205 is currently listed for sale with an asking price of call for price. Search Charlotte real estate on belindah.lakenormanrealty.com today.