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$2,000,000
24 Beds
24 Baths12 full baths + 12 half baths
11,064sqft
2909 Burgess Dr, Charlotte, NC 28208
$2,000,000
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Townhouse
Built in 1970
$-- HOA
0.76 acre lot
$181/sq.ft
Description
Charlotte, NC 12-Unit Townhome Community with Immediate Value-Add Upside:
Twelve-unit townhome community comprised entirely of 2-bedroom/1.5-bath units with 10 of 12 units fully renovated to a modern finish level.
Two recently renovated vacant units represent immediate lease-up upside, while two below-market occupied units at $995 provide a clear runway to capture additional rent growth upon turn.
The highest achieving in-place rent of $1,535 establishes a proven rent ceiling with a direct path to full stabilization.
Premium Location:
2 miles from Lower South End (LoSo), Charlotte's emerging hub of breweries, restaurants, retail, and light rail access, hom...
- Houzeo last checked: 33 Minutes ago
- Listing updated: March 31, 2026 at 6:16 pm
- Listing Provided by: Jeff Shugarts Jr (832) 515-1289 | Andrew Reed Properties, LLC (704) 576-4322
- Source: Canopy MLS | MLS#: 4361886
Property Details
Status
Active
Type
Townhouse
No. of Stories
-
County
City
Neighborhood
Year Built
1970
HOA Fees
-
Finished Area
11,064 sqft
Lot Size
0.76 acre lot
Basement Area
- sqft
MLS Name
Canopy MLS
MLS Number
4361886
MLS Status
Active
Days on Market
66
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