2909 Burgess Drive Charlotte, NC $ 2,000,000
2909 Burgess Drive
$ 2,000,000
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2909 Burgess Drive

Charlotte, NC, 28208
$ 2,000,000
Bedrooms24 Baths12.12 Sq 11,064

Monthly Estimate*

$ 13,814

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Multi-Family Home for sale in Charlotte, NC

for $2,000,000 with 24 bedrooms and 12 full baths, 12 half baths. This 11,064 square foot home was built in 1970 on a lot size of 0.76.

Stabilized 12-Unit Townhome Community with Immediate Value-Add Upside: Twelve-unit townhome community comprised entirely of 2-bedroom/1.5-bath units with 10 of 12 units fully renovated to a modern finish level. Two recently renovated vacant units represent immediate lease-up upside, while two below-market occupied units at $995 provide a clear runway to capture additional rent growth upon turn. The highest achieving in-place rent of $1,535 establishes a proven rent ceiling with a direct path to full stabilization. Access to Charlotte's Most Dynamic Destinations: 2 miles from Lower South End (LoSo), Charlotte's emerging hub of breweries, restaurants, retail, and light rail access, home to major employers including Lowe's Tech Hub, USAA, and LendingTree. 2.5 miles from South End, one of Charlotte's most nationally recognized and vibrant live-work-play corridors. 4 miles from Uptown Charlotte, the region's central business district and primary employment core. 4.5 miles from Charlotte Douglas International Airport, the seventh-busiest airport in the world, and a top-three driver of corporate relocation and expansion in the Charlotte region. Premium Interior Renovation Package: Renovated units feature granite countertops, LVP flooring, new carpet, new cabinets, new appliances, vanities, updated modern lighting and fixtures, and washer/dryer connections, a finish level that commands premium rents and supports durable tenant retention in the Charlotte workforce housing segment. Exterior Capital Investment: The property underwent a full exterior refresh in 2023, including a complete siding and trim replacement, which supports strong curb appeal and reduces near-term capital requirements for an incoming investor. Attractive All-Townhome Unit Mix: Exclusively 2-bedroom/1.5-bath two-story townhome floor plans offering renters added privacy, functional layouts, and a more residential living experience than traditional apartment product, a highly desirable configuration in the Charlotte rental market that supports strong leasing velocity and tenant retention.

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Multi-Family Active

Price

$ 2,000,000

Bedrooms

24

Full Bath

12

Half Bath

12

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.76

Year Built

1970

Town/City

Charlotte

County/Region

Mecklenburg

MLS | Web ID

4393768

Features
General
Living Area 11064
Sewer Public Sewer
Heating Baseboard
Cooling Window Unit(s)
Appliances Other
Construction Materials Vinyl
Pets Allowed Yes
Year Built 1970
Tenant Pays All except water
Stories Count 2
Property Subtype Apartment
Parcel Number 14523309
County Mecklenburg
New Construction N
Property Type Residential Income
HOA N
Garage Y/N N
Full Baths 12
High School Harding University
City Charlotte
Senior Community Y/N N
Number Of Units Total 12
Lot Size Units Acres
Carport Y/N N
Elementary School Reid Park
Middle/Junior High School J.W. Wilson
Additional Parcels Y/N N
Standard Status Active
Construction Type Site Built
Tax Assessed Value 1157100
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Exterior
Parking Features Parking Lot
Water Source City
Lot Size Area 0.76
Foundation Details Slab
Building Area Total 11064
Road Surface Type Asphalt Paved
Road Responsibility Publicly Maintained Road
Main Level Garage YN N
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Interior
Basement (Y/N) N
Above Grade Finished Area 11064
Half Baths 12
Laundry Features Electric Dryer Hookup In Unit Washer Hookup
Total Bedrooms 24
Below Grade Finished Area 0
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Internal Only
Street Number 1 2909
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* Excluded Features
List By
Andrew Reed Properties, Llc

Broker

Affordability Calculator

$13,814
Per Month
100%
0%
0%
Monthly Principal & Interest
$13,814
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
294701 Elementary School
4906086 Middle School
Harding University High School High School
Pricing History
DatePricePrice ChangeDescription
6/15/2026$2,000,000 Listed Price

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2909 Burgess Drive, Charlotte, NC, 28208 is a Multi-Family Home for sale at $2,000,000 with 11,064 sqft and a lot size of 0.76. 2909 Burgess Drive has 24 bedrooms, 12.12 baths, and was built in 1970. The property's zip code is 28208 which is in Charlotte, NC