625 Summit Avenue Charlotte, NC $ 1,299,900
625 Summit Avenue
$ 1,299,900
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625 Summit Avenue

Charlotte, NC, 28208
$ 1,299,900
Bedrooms8 Baths4.0 Sq 3,508

Monthly Estimate*

$ 9,080

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Multi-Family Home for sale in Charlotte, NC

for $1,299,900 with 8 bedrooms and 4 full baths. This 3,508 square foot home was built in 1946 on a lot size of 0.23.

Rare quad-plex opportunity in Wesley Heights! This multi is in one of the the hottest districts and is adjacent to some of the best Charlotte has to offer. Each unit is 2 bed/1 bath with a private covered patio and in-unit laundry. The off-street parking makes for safe and secure parking for tenants, and there is additional green space behind the parking area, a great space for pets. There is a beautiful community patio with fire pit, and the entire building is joined by an interior hallway, but each unit also has it's own exterior access. This property is located in an Opportunity Zone, so if you're looking for some unique tax advantages definitely look into this! All 4 HVAC units replaced in 2021 and have been on monthly maintenance agreements.

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Multi-Family Active

Price

$ 1,299,900

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Colonial

Lot Size

0.23

Year Built

1946

Town/City

Charlotte

County/Region

Mecklenburg

MLS | Web ID

4131848

Features
General
Sewer Public Sewer
Heating Heat Pump
Cooling Central Air
Roof Shingle
Appliances Dishwasher Electric Range Washer/Dryer
Zoning R-5
Architectural Style Colonial
Construction Materials Brick Full
Pets Allowed Yes
Year Built 1946
Tenant Pays All Utilities
Property SubType Fourplex
County Mecklenburg
New Construction N
Property Type Residential Income
Subdivision Name Wesley Heights
High School Unspecified
City Charlotte
Total Units 4
Street Name Summit
Elementary School Unspecified
Middle/Junior High School Unspecified
Virtual Tour https://youtu.be/U-hpBEKZ1lc https://youtu.be/7j5ruYc8fd8
Standard Status Active
Construction Type Site Built
Tax Assessed Value 667000
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Interior
Flooring Laminate Tile Wood
Fireplace Features Fire Pit Outside
Fireplace Y/N N
Above Grade Finished Area 3508
Full Baths 4
Half Baths 0
Street Suffix Avenue
Laundry Features In Kitchen In Unit
Total Bedrooms 8
Below Grade Finished Area 0
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Exterior
Parking Features On Street Parking Lot
Water Source City
Total Parking 5
Lot Size Area 0.23
Foundation Details Crawl Space
Building Area Total 3508
Road Surface Type Asphalt Paved
Other Parking Off-street parking behind building. Driveway is shared.
Lot Size Units Acres
Road Responsibility Publicly Maintained Road
Main Level Garage YN N
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Internal Only
Street Number 1 625
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* Excluded Features
List By
Trade & Tryon Realty

Broker

Affordability Calculator

$9,080
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,080
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1081546 Elementary School
1081540 Middle School
Unspecified High School High School
Pricing History
DatePricePrice ChangeDescription
4/30/2024$1,299,900 Listed Price

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625 Summit Avenue, Charlotte, NC, 28208 is a Multi-Family Home for sale at $1,299,900 with 3,508 sqft and a lot size of 0.23. 625 Summit Avenue has 8 bedrooms, 4.0 baths, and was built in 1946. The property's zip code is 28208 which is in Charlotte, NC