Excellent Charlotte investment opportunity now available! This fully leased condo, rented at $1450/mo, presents a turnkey asset with immediate cash flow. The property is generating a strong Net Operating Income (NOI) of $11,987. For an investor utilizing financing, this translates to an impressive 9% cash-on-cash return after debt service. This is a rare chance to acquire a stable, income-producing property with a proven performance history, offering a hands-off investment with strong returns. Do not miss this opportunity to invest in one of the fastest growing market in USA!
Property Type: | Residential | Property Subtype : | Condominium |
Year Built : | 1986 | Construction Type : | Site Built |
Lot Size : | Not available | Living Area : | 881 sqft |
Based on information submitted to the MLS GRID as of 09-24-2025 04:59:04 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.