10 Units

Share this listing

Pre-formatted captions, a short link, and a QR code — ready to paste.

Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…

10 Units

Charlotte, NC 28206
Asking Price
$1.50M
Asset Type
Multifamily
Class
Class B

What's Special

This 10-unit multifamily property is located in Charlotte, North Carolina, situated within an established residential pocket near the city’s primary employment centers. The neighborhood features a mix of historic architecture and modern infill development, offering proximity to local retail corridors, grocery stores, and public parks. Residents have straightforward access to major thoroughfares and CATS bus routes, facilitating commutes to Uptown Charlotte and the surrounding metropolitan area. The asset is configured for long-term residential leasing, serving as a stabilized investment or a value-add opportunity through interior modernizations. The units are well-suited for a diverse tenant base, typically consisting of young professionals, urban commuters, and small households seeking proximity to Charlotte’s core. The size of the building provides a manageable scale for private investors looking to establish a footprint in a high-growth market.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.

NOI
$80,000
Cap Rate
5.33%
DSCR
0.90
Underwater
Cash-on-Cash
-2.01%
Monthly Payment
$7,421.182
Annual Cash Flow
$-9,054.179

Location & Travel Times