Listing courtesy of: Briley Burris - 5 Points Realty 704-604-8721

Bearwood Avenue

Charlotte, NC
Single Family Residence
4 Beds
2 Baths
Sq. Ft.
This is your chance to get in at an EXCELLENT land basis and develop new construction in NoDa North contiguous to a Light Rail Station! Proven $250psf sales comps in this area! 3 lots to the Sugar Creek light rail station, one stop from NoDA/36th St. Owner is currently rezoning to maximize footprint...s, expects rezoning approval in July and will have full Construction Drawings ($20,000+ value) to convey to a buyer (or 3 separate buyers). The seller has spent +/- $40,000 on rezoning in recent months. The homes will be 2,150-2,400 SF, 3-story homes with 1st level garages. The design is not yet finished and there exists some flexibility for a buyer. The 2 homes on these parcels, (3905 and 3909) are currently rented for $800 through 8/1/2020. Leases can be extended or re-leased for 2x these rental rates via Long-Term or Airbnb based on previous leases. Motivated Seller, will JV or potentially build for home buyers. Continue reading
Property Type
Single Family
2 Full
Public Sewer

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Listing courtesy of: Briley Burris - 5 Points Realty 704-604-8721

Andrea Conner, License #298336, Xome Inc., License #C24582,, 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

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