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Multi-Family Residential Charlotte NC Property for Sale at 2001 Union Street: $2,999,000

2001 Union Street
Charlotte, North Carolina NC 28205
$2,999,000 Price
Active Status
Est. Monthly Payment: $15,535.81 See Details
24 Bedrooms
12 Full Baths
744 Square Feet
1.450 Acres
3298350 Listing ID
An opportunity to purchase a 100% occupied, fully-renovated rental portfolio within one of the country's hottest real estate markets that offers value-add upside. Ideally located in the heart of the Villa Heights/NoDa/Optimist Park redevelopment area, the site is walking distance to the $1.2B, 9.2-mile light rail transit extension set to open Q1 2018. Offering Memorandum available by request -- underwritten at 7.5% cap rate, 10% year 1 cash-on-cash return.
Schedule Showing
Status Active
County Mecklenburg
Year Built 1948
Property Type Multi-Family Residential
Multi-Family Residential
Property Sub Type Other
{"zipcode": "28205", "price": "2999000"}
Down Payment
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Loan Amount
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Primary Features

County: Mecklenburg
Property Type: Multi-Family Residential
Year Built: 1948


Cumulative Days on Market: 38
Construction Status: Complete
Deed Reference: Multiple
Days on Market: 38
Equipment: Cable Prewire, Ceiling Fan(s), CO Detector, Cooktop Electric, Dishwasher, Disposal, Ice Maker Connection, Microwave, Natural Gas, Range/Hood, Security System, Washer
Listing Service : yes
New Construction : no
Number Of Projected Units Total: 12
Number Of Units Total: 12
Property Features: Porch/Patio, Refrigerator
Property Sub Type: Other
Special Listing Conditions: None

Financial Details

Tenant Pays: All Utilities, Cable, Electricity, Gas, Water

Interior Features

Fireplace : no
Flooring: Tile, Wood
Heating: Central Air
Laundry Location: 1st Floor
Sewer: City Sewer
Water: City Water
Water Heater: Gas

Location Information

Elementary School: Unspecified
High School: Unspecified
Middle/Junior High School: Unspecified
Street Suffix: Street
Subdivision Name: Villa Heights
Zoning Specification: R-5

External Features

Driveway: Gravel
Exterior Construction: Brick - Solid
Foundation Details: Crawl Space
Parking: On-Street Parking, Parking Space - 3

Zoning Info

Area Info

Listing courtesy of Dane Warren Real Estate
The data relating to real estate on this Web site derive in part from the Carolina Multiple Listing Services, Inc. IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Keller Williams Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2017 Carolina Multiple Listing Services, Inc. Data last updated Wednesday, August 16th, 2017.

Contact - Listing ID 3298350

Wendy Richards, Realtor

3430 Toringdon Way, #101
Charlotte, NC 28277
Phone: 7046046115
Phone Alt: 7046046115

Data services provided by IDX Broker
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Keller Williams Realty

(704) 604-6115

Each Office Independently Owned and Operated

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