801 Fugate Avenue
801 Fugate Avenue
Charlotte, NC 28205
$375,000
- Bedrooms: 3
- Bathrooms: 2
- Lot Size: 0.48 Acres
Description
Exceptional Opportunity in a Rapidly Growing Charlotte Corridor! Located just minutes from Center City, this property sits in one of Charlotte’s most actively redeveloping neighborhoods. Positioned on a rare approximately a half-acre lot, it backs up to the BOPlex and is within walking distance to the proposed Silver Line Light Rail stop, offering excellent future connectivity. The existing home needs work, but the true value lies in the land and development potential. Zoned for residential use with a generous footprint, the possibilities range from renovation to new construction. Priced to move more than $100K below current 2024 tax-assessed value, this is an outstanding opportunity for builders, investors, or anyone with vision looking to benefit from the city's continued growth.
Property Summary
| Property Type: | Residential | Property Subtype : | Single Family Residence |
| Year Built : | 1950 | Construction Type : | Site Built |
| Lot Size : | 0.48 Acres | Living Area : | 1,478 sqft |
Appliances
- Gas Range
More Information
- Construction : Brick Partial, Vinyl, Wood
- Parking : Detached Carport, Driveway
- Heating : Natural Gas
- Cooling : Ceiling Fan(s), Central Air, Electric
- Water Source : City
- Road : Publicly Maintained Road
- Listing Terms : Cash, Conventional, FHA, VA Loan
Based on information submitted to the MLS GRID as of 06-22-2025 22:49:04 UTC All data is obtained from various sources and may not have been verified by 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.