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2314 Arden St, Charlotte, NC

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Phone (704) 612-4175
Wholesale Property Information*
Property ID# 40850
Status Wholesale
Address 2314 Arden St
Charlotte, NC 28206
Mecklenburg County
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Asking Price $26,000.00
Type Single Family Home
Beds 3
Baths 1
Floors 1
Sq. Ft. 950 sq ft
Year Built 1947
Garage None
Basement None

Little 3 bedroom 1 bath all-brick ranch home in the Douglas Terrace neighborhood of Charlotte. Needs about $5K in work. Major systems are working: furnace, floors (all hardwood in good shape), window A/C, plumbing, electrical. Roof needs to be patched. Total investment of around $31K, would rent for $650/month. 1 block walk from a major bus line.

There's a lot of interesting things going on in this neighborhood:
  • Across Statesville Ave. is the Brightwalk community being redeveloped on the infilled double oaks community.More info: http://ui.uncc.edu/story/brightwalk-environmental-art-redevelopment-housing-charlotte-double-oaks-infill-brownfield-mcc
  • Some of the houses in the neighborhood have been rehabbed by the owners or other investors after purchase. There are some houses that have sold at $62K, $93K, $87K
  • On the corner of Statesville and Kohler (1 block down) there is a brand-new apartment building
  • There is a new construction house being built next door
  • Historically a Working class neighborhood
  • 1 street over there is a rental at $1100/month
*DISCLAIMER: This information is deemed reliable but is not guaranteed.


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