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3500 N Sharon Amity Road

Charlotte, NC 28205
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Bed 20

Bed

Bath 20.0

Bath

SqFt12,524

Sqft

Acres1.23

Acres(Lot)

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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $2,650,000

AD Id : 76799196

MLS Id : CAR4361715

Beds : 20

Lot Size : 1.23 Acres

Living Area Size : 12,524

Year Built : 1962

County : Mecklenburg

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Feature Features

  • Bedroom Information

    Total Bedroom: 20

    Bathroom Information

    Full Baths: 20

    Interior Features

    Open Floorplan, Pantry Roof: Architectural Shingle Appliances: Electric Oven, Electric Range, Electric Water Heater, Refrigerator Laundry Features: None

    Roofing Information

    Architectural Shingle
  • Flooring Information

    Flooring: Tile, Vinyl, Wood Construction Materials: Brick Full
  • Heating & Cooling

    Heating: Electric, Natural Gas, Separate Meters, Wall Furnace Cooling: Ceiling Fan(s), Wall Unit(s) WaterSource: City

  • Building Information

    Year Built: 1962

  • Lot Information

    Lot Description: Corner Lot, Green Area, Level, Paved Lot Size Area: 1.23 acre

    Property Information

    Property Type: Residential Income Sub Type: Fiveplex

  • Listing Price Information

    Original List Price:$2650000

  • Tax Information

    Tax Assessed Value: 1669300 Parcel Number: 103-011-14, 103-011-22

  • Parking Information

    Parking Lot

  • School Information

    Elementary School: Idlewild Junior High School: Eastway Senior High School: Garinger
  • Utility Information

    Cable Available, Electricity Connected, Natural Gas Sewer: Public Sewer Water Source: City
  • Location Information

    City: Charlotte Direction: From Uptown Charlotte, head East on US-74 E (Independence Blvd). Take the exit for N Sharon Amity Rd and turn Left (North). Continue for approximately 1.5 miles. The property will be located at 3500 N Sharon Amity Rd. Three of the buildings are just before Clearmont Avenue and the fouth building is just after Clearmont Avenue.
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ByOwner last updated this listing 06/24/2026 @ 18:20

MLS: CAROLINA #4361715 LISTED BY: John Cockman, BnBCabins Inc 828-773-5493 SOURCE: CAROLINA (Canopy MLS) (Listings courtesy of CAROLINA (Canopy MLS) as distributed by MLS GRID)

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