1704 1732 Newland Road
Charlotte, NC 28216
16 bd · 8 ba · 5,568 sqft · $213/sqft
Highlights
About This Home
8 identical income producing side-by-side single family units (sold as an 8-plex) on a corner lot with over an acre in the well known up and coming Lincoln Heights community! 5 minutes from uptown Charlotte, close to major attractions like Bank of America Stadium, Spectrum Center, and Truist Baseball Field. Also conveniently close to Plaza Midwood, Noda, Optimist Hall..
All roofs replaced in 2012, all new low-e windows (with exception of unit 1732) were replaced around 2018. Unit 1732 has a new HVAC installed in 2021, unit 1728 - new HVAC installed 5-6 years ago. Same tenants in all units for over 5 years, all on a month-to-month for a long time.
Tenants currently pay utility bills and lawn services. Great buy and hold opportunity. The front of all units has newer paint to give a nice matching pattern.
City of Charlotte charges $46 (total for all 8 units) for stormwater services. This 8-plex is also sold under RESIDENTIAL on the MLS# 4159829.
Property Details
Interior Details
- Heating
- Central
- Forced Air
- Natural Gas
- Flooring
- Carpet
- Tile
- Roomother
- Primary Bedroom
- Bedroom(s)
- Bathroom(s)
- Kitchen
- Great Room
- Exclusions
- N/ A
- Half Bathrooms
- 0
- Window Features
- Insulated Window(s)
- Laundry Features
- Laundry Room
- Mainlevelgarageyn
- 0
Square Footage And Levels
- Above Grade Finished Area
- 5568
- Below Grade Finished Area
- 0
Parking And Garage
- Open Parking
- true
- Parking Features
- Assigned
- Driveway
- Open Parking Spaces
- 2
- Total Parking Spaces
- 2
Exterior Features
- Construction Materials
- Brick Full
- Vinyl
- Patio And Porch Features
- Covered
Lot And Land
- Lot Features
- Corner Lot
- Level
- Lot Size Units
- Acres
Basement And Foundation
- Foundation Details
- Crawl Space
Waterfront And View
- Waterfront Features
- None
Utilities
- Sewer
- Public Sewer
- Water Source
- City
Financial Information
- Citytaxespaidto
- Charlotte
Zoning And Restrictions
- Zoningspecification
- R5
Multi Unit Details
- Total Number Of Units
- 8
Listed by Sami Bianouni (704-519-8745) · Ethics Realty Inc (704-519-8745)
Location
- Address
- 1704 1732 Newland Road
- City
- Charlotte, NC 28216
- Community
- Lincoln Heights
Schools
- Elementary
- Unspecified
- Middle
- Unspecified
- High
- Unspecified
School assignments may change. Contact the school district to confirm.
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