$795,000
220 Armour St, Davidson, NC 28036
5 bed · 0.5 bath · 2,723 sq ft
5
bedrooms
0.5
baths
2,723
sq.ft.
$292
price per sf
Presented by Citadel Cofield · Office (980) 272-8547
About This Property
DOWNTOWN DAVIDSON: THREE HOMES ON ONE LOT. A short walk to Brickhouse Tavern, Summit Coffee, Kindred, Main Street and the Davidson College campus. 220 Armour Street consists of a single family home (built in 1911) plus two detached garage apartments (ADUs) on a 0.21-acre in-town lot. Both apartments are tenant occupied. Live in the main house and let the rental income help carry the mortgage, lease all three or hold a walkable downtown lot in Davidson, NC. THE MAIN HOUSE: At the entry you'll find an inviting living room with a fireplace. There is also a second living area off the renovated kitchen. The house has two bedrooms and two full baths, in a floor plan that serves many purposes. The larger bedroom has a true private ensuite. The second bedroom has a full bath attached that also opens to the hall. Off the second living area is the laundry room and a flex room that could be used as a bedroom, office or storage. Original hardwoods in the bedrooms, with LVP and tile throughout the rest of the house. The house has been used for the past several years as a successful short-term rental property. THE GARAGE APARTMENTS: Two detached accessory dwelling units, each a carriage-house style guest house over its own one-car garage. Unit B is a 1 bedroom /1 bath, currently rents for $1275. Unit C is a 1 bedroom /1.5 bath, rents for $875. Both are tenant occupied with recently renewed 12-month leases, so this income property has its rent roll in place from day one. Current rent for Unit C is far below market, presenting an opportunity for enhanced income potential. THE LOT: 0.21 acres, approx. 60 x 150, zoned Village Infill (VI), Flood Zone X, city water and city sewer, no HOA. If you are looking for a downtown Davidson building site for new construction, this lot and its newer rear structures give you options: build new, keep one apartment, or keep both. Buyer to confirm all redevelopment, demolition, subdivision and permitted uses with the Town of Davidson Planning Department. OFFERED STRICTLY AS-IS. Buyer is encouraged to complete all inspections during the Due Diligence Period. Buyer to verify square footage, bedroom count, zoning, permitted uses and all lease terms. Both garage apartments are tenant-occupied and will be shown only after an accepted offer, with notice to the tenants.
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LISTING COURTESY OF: EXP REALTY LLC MOORESVILLE
sean.herndon@winstondane.com
About the Neighborhood
Homes for sale in 28036 place buyers in Davidson, one of the most architecturally and culturally distinctive small towns in the entire Charlotte metro, anchored by the nationally recognized Davidson College campus and a walkable historic downtown that draws comparisons to New England college towns. The residential landscape blends late 19th and early 20th century Victorian and Colonial Revival homes in the historic core with newer Traditional Neighborhood Development communities like Antiquity and River Run, which deliver Craftsman and Low Country-inspired architecture on pedestrian-scaled streets. The Lake Norman shoreline forms Davidson's western boundary, with public water access available at Davidson Landing Park, while the town's celebrated Main Street corridor offers independent coffee shops like Summit Coffee, which originated here. alongside locally owned boutiques and restaurants. Davidson College and its associated employment, the I-77 corporate corridor, and a 25–30 minute commute to Uptown Charlotte make 28036 real estate among the most consistently desirable in Mecklenburg County's northern tier.
Property Features
Property Description
- Beds Total: 5
- Bathrooms: 1 Half
- Year Built: 1911
- Living Area: 2,723 sqft
- New Construction: No
- MLS #: 4435199
Association
- HOA Required: No
Interior Features
- Heating: Forced Air, Heat Pump, Natural Gas
- Cooling: Ceiling Fan(s), Central Air, Heat Pump, Wall Unit(s)
- Other - See Remarks
Appliances
- Electric Range
- Electric Water Heater
- Refrigerator
Construction Materials
- Hardboard Siding
- Vinyl
- Foundation: Crawl Space, Slab
- Roof: Composition
Cooling
- Ceiling Fan(s)
- Central Air
- Heat Pump
- Wall Unit(s)
Foundation Details
- Crawl Space
- Slab
Heating
- Forced Air
- Heat Pump
- Natural Gas
Laundry Features
- Other - See Remarks
Parking Features
- Driveway
- Attached Garage
- Garage Spaces: 2
Exterior Features
- Patio/Porch: Front Porch
Pets Allowed
- Yes
Road
- Road Responsibility: Publicly Maintained Road
- Road Surface Type: Gravel, Paved
Sewer
- Public Sewer
WaterSource
- City
Flooring
- Tile
- Vinyl
- Wood
Fireplace
- Fireplace: Yes
- Living Room
Location
Similar homes nearby
$795,000
Est. Payment: $4,086/mo
Illustrative estimate only, not an offer of credit. Assumes 20% down and a 30-year fixed loan at 6.5%, plus estimated property tax, insurance, and HOA. Actual rate, APR, and payment will vary.
Adjust down payment, rate & terms
Davidson, NC 28036
5
bedrooms
0.5
baths
2,723
sq.ft.
$292
price per sf
Presented By
Carnarri Cofield
REALTOR®
Office: (980) 272-8547
Listings courtesy of Canopy MLS as distributed by MLS GRID.
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Citadel Cofield, its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided.
Listing Courtesy of EXP Realty LLC Mooresville
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