2312 Tate Street
2312 Tate Street
Charlotte, NC 28216
$680,000
- Bedrooms: 9
- Bathrooms:
- Lot Size: 0.95 Acres
Description
Prime Charlotte/Lowell Rental Portfolio – 7% Growth | Turnkey Cash Flow. Own 4 fully updated, cash-flowing homes (MLS #4271729, #4271732, #4271694, #4271735) in Charlotte and Lowell’s high-growth markets—boasting 7% annual income and population surges. Priced below market for a bulk purchase, this 100% occupied portfolio delivers immediate income and great upside potential, with recent upgrades across all units ensuring minimal near-term capex. Tenants in place provide steady returns, while proximity to Uptown Charlotte and major employers guarantees lasting demand. These move-in-ready homes are ideal for passive investors or portfolio expansion, combining appreciation upside with strong current yields. Cash flow analysis in the attachments.
Property Summary
| Property Type: | Residential Income | Property Subtype : | Portfolio |
| Year Built : | 1933 | Construction Type : | Site Built |
| Lot Size : | 0.95 Acres | Living Area : | 3,461 sqft |
Property Features
- Level
- Covered Patio
- Front Porch
- Rear Porch
Appliances
- Electric Oven
- Electric Range
- Refrigerator
More Information
- Construction : Vinyl
- Parking : On Street
- Heating : Central
- Cooling : Central Air
- Water Source : City
- Road : Publicly Maintained Road
- Listing Terms : Cash, Conventional
Based on information submitted to the MLS GRID as of 06-26-2025 05:24:04 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.