Features & Amenities

Interior

  • Other Interior Features

    Open Floorplan, Pantry

  • Total Bedrooms

    20

  • Bathrooms

    20

  • Above Grade Finished Area

    12524.0

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Ceiling Fan(s), Wall Unit(s)

  • Heating YN

    YES

  • Heating

    Electric, Natural Gas, Separate Meters, Wall Furnace

  • Pet friendly

    No

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    Parking Lot

  • Pool

    No

Area & Lot

  • Lot Features

    Corner Lot, Level, Paved

  • Property Type

    Residential Income

Price

  • Sales Price

    $2,650,000

  • Sq. Footage

    12, 524

  • Price/SqFt

    $211

HOA

  • Association

    No

School District

  • Elementary School

    Idlewild

  • Middle School

    Eastway

  • High School

    Garinger

Property Features

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

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Location

County

Mecklenburg

Elementary School

Idlewild

Middle School

Eastway

High School

Garinger

Listing Courtesy of John Cockman , BnBCabins Inc

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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.

3500 N Sharon Amity Road

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