$2,000,000
Est. Payment: $10,280/mo
Adjust down payment, rate & terms
2909 Burgess
Charlotte, NC 28208
24
bedrooms
24
baths
11,064
sq.ft.
$181
price per sf
Presented By
Carnarri Cofield
REALTOR®
About This Property
Charlotte, NC 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. Premium Location: 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: Property received a full exterior refresh and, in 2023, a complete siding and trim replacement, supporting strong curb appeal and reduced 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.
About the Neighborhood
Homes for sale in 28208 sit at the center of Charlotte's most compelling westside reinvestment story, encompassing the established neighborhoods of Enderly Park and Seversville alongside the rapidly transforming Wilkinson Boulevard corridor approximately 10 minutes from Uptown Charlotte via I-85 or Wilkinson Boulevard. The housing stock delivers authentic Charlotte character — sturdy mid-century brick ranches, Craftsman-era bungalows, and period cottages on generous lots that reward buyers seeking original hardwood floors and mature tree canopy at price points well below comparable intown neighborhoods. Camp North End, the celebrated adaptive reuse of a former Ford assembly plant and Army depot along North Tryon Street, anchors the zip code's northeastern edge with creative office tenants, chef-driven restaurants, and event venues that have established the westside as one of Charlotte's most culturally dynamic corridors. Tuckaseegee Road's emerging small business district and Enderly Park's beloved community green spaces reinforce the neighborhood's authentic identity. Charlotte Douglas International Airport is a 10-minute drive, and the 28208 real estate market continues to attract discerning buyers who recognize the westside's trajectory — established architectural character, Uptown proximity, and significant ongoing investment converging at highly competitive price points.
Property Features
Property Description
- Beds Total: 24
- Full Baths: 24
- Half Baths: 12
- Year Built: 1970
- Living Area: 11,064 sqft
- New Construction: No
- MLS #: 4361886
Additional Home Features
- Subdivision: Reid Park
- Neighborhood: Reid Park
Association
- HOA Required: No
Interior Features
- Heating: Baseboard, Electric
- Cooling: Electric, Window Unit(s)
- Electric Dryer Hookup
- Gas Dryer Hookup
Appliances
- Other
Construction Materials
- Vinyl
- Foundation: Slab
Cooling
- Electric
- Window Unit(s)
Foundation Details
- Slab
Heating
- Baseboard
- Electric
Laundry Features
- Electric Dryer Hookup
- Gas Dryer Hookup
Levels
- Two
Parking Features
- Assigned
Pets Allowed
- Yes
Road
- Road Responsibility: Publicly Maintained Road
- Road Surface Type: Asphalt, Concrete, Paved
Sewer
- Public Sewer
WaterSource
- City
Fireplace
- Fireplace: No
Location
LISTING COURTESY OF: ANDREW REED PROPERTIES, LLC
jshugarts@usdevelopments.com
$2,000,000
Est. Payment: $10,280/mo
Adjust down payment, rate & terms
2909 Burgess
Charlotte, NC 28208
24
bedrooms
24
baths
11,064
sq.ft.
$181
price per sf
Presented By
Carnarri Cofield
REALTOR®
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. Equal Housing Opportunity.
Listing Courtesy of Andrew Reed Properties, LLC
Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID. 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.
$2,000,000
2909 Burgess
24 bed, 24 bath