Thank you
Frank Lee
Greater Charlotte Properties
704-370-6353
GREAT REDEVELOPMENT OPPORTUNITY with this prime DILWOTH lot location close to uptown Charlotte. A classic style income producing duplex property currently exists on the lot. The property could be redeveloped for single family or multi-family. Consult County zoning for desired use. Buyer can receive many great immediate benefits in the form of rental cash flow, tax savings, principal reduction and property appreciation while formulating any redevelopment plan. Perfect location within walking distance to restaurants, shopping, Freedom Park, Latta Park and South End. Minutes from downtown, all sports arenas, the airport & major Hwys. Schools are among the best in the area. The Seller is also selling one other similar duplexes nearby, all with similar great options. History shows total annual return on investment of over 15%. Please contact listing agent for details.
WaterSource: City
Lot Dimensions: 53x144x59x114
Lot Description: Level
Lot Size Area: 0.15 acre
Property Type: Land
Sub Type: Lot
Original List Price: $839900
Tax Assessed Value: 755520
Parcel Number: 151-022-03
Elementary School: Dilworth Latta Campus/Dilworth Sedgefield Campus
Junior High School: Sedgefield
Senior High School: Myers Park
Cable Available, Electricity Connected, Gas
Sewer: Public Sewer
Water Source: City
Subdivision: Dilworth
City: Charlotte
Direction: Take East Blvd. to Lombardy Circle next to the Freedom Park entrance, Duplex is the 3rd home on the right. (2111 Lombardy Circle- unit #1 is located on the left side and 2115 Lombardy Circle- unit #2 is on the right side)
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
2716 Baltimore Avenue, Charlotte, NC,28203 | $264,900 | -- | -- | -- | 0.13 Acre |
2140 Kirkwood Avenue, Charlotte, NC,28203 | $949,900 | 3 | 3 | 2,447 | -- |
2025 Euclid Avenue, Charlotte, NC,28203 | $1,825,000 | 4 | 5 | 3,590 | 0.21 Acre |
2113 Lombardy Circle, Charlotte, NC,28203 | $839,900 | 4 | 2 | 2,021 | 0.15 Acre |
310 Arlington Avenue #217, Charlotte, NC,28203 | $399,900 | 1 | 1 | 1,138 | -- |
310 Arlington Avenue #219, Charlotte, NC,28203 | $399,900 | 1 | 1 | 1,144 | -- |
310 Arlington Avenue #221, Charlotte, NC,28203 | $399,900 | 1 | 1 | 1,136 | -- |
310 Arlington Avenue #327, Charlotte, NC,28203 | $399,900 | 1 | 1 | 1,128 | -- |
310 Arlington Avenue #329, Charlotte, NC,28203 | $949,000 | 1 | 1 | 1,928 | -- |
310 Arlington Avenue #M.., Charlotte, NC,28203 | $12,900,000 | 8 | 7 | 9,286 | -- |
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Based on information submitted to the MLS GRID as of 05/10/2024 @ 18:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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ByOwner last updated this listing 05/10/2024 @ 18:20
MLS: CAROLINA #4070105
LISTED BY: Frank Lee, Greater Charlotte Properties
SOURCE: CAROLINA (Canopy MLS)
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.