9604 Longstone Lane Charlotte, NC 28277
Listing Courtesy of: Better Homes And Gardens Real Estate Paracle / Jacqui Reichwein
$5,995,000
18
BED
32
BATH
16,668
SQFT

  9604 Longstone Lane Charlotte, NC 28277

Active (533 Days)

Description

Portfolio of 8 Total Live/Work Units or 16 Total Doors - 8 COMMERCIAL downstairs, 8 RESIDENTIAL upstairs in the highly desirable Ballantyne area of Charlotte. This Class A investment opportunity is in the heart of Charlotte’s largest concentration of college educated and experienced workers. Exemplified by high-income demographics, very strong growth dynamics over a 20-year period, and a significant business, commercial, and residential presence. The property’s residential and retail rental income provides a stable, predictable, and diversified income stream with a track record of lease rate growth and property appreciation. Traditional operating expenses and management time are reduced through HOA maintenance of the exterior and roof, HOA paid water, basic cable/internet, and residential trash service.

MLS #:
3796048
Type
Multifamily
Year Built
2008
County
Mecklenburg County
Bathroom Details
  • Full Bathrooms: 16
  • Half Bathrooms: 16
Subdivision
  • Cedar Walk
Property Features
  • Foundation: Slab
Heating and Cooling
  • Central
Homeowners Association Information
  • Dues: $2600/Monthly
Utility Information
  • Sewer: Public Sewer
School Information
  • Elementary School: Elon Park
  • Middle School: Community House
  • High School: Ardrey Kell
Parking
  • On Street
Living Area
  • 16,668 sqft
Location
   
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Disclaimer: Based on information submitted to the MLS GRID as of 3/31/23 14:46. 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.