$2,650,000
Est. Payment: $13,621/mo
Adjust down payment, rate & terms
3500 N Sharon Amity Rd, Charlotte, NC 28205
Charlotte, NC 28205
20
bedrooms
0
baths
12,524
sq.ft.
$212
price per sf
Presented By
Carnarri Cofield
REALTOR®
About This Property
Presenting an exceptional value-add multifamily investment opportunity located at 3500 North Sharon Amity Road in the rapidly expanding East Charlotte submarket. This highly efficient 20-unit asset consists entirely of desirable 1-bedroom, 1-bathroom floor plans, catering perfectly to the area's growing demographic of young professionals seeking affordable proximity to Charlotte's urban core. Owned and maintained by the same owner for decades, the property features a proven, organic value-add program where interior renovations have been successfully executed over the last decade as units turn over, effectively proving out the post-renovation rent premiums. Strategically positioned just minutes from Charlotte’s most vibrant cultural and entertainment districts, including Plaza Midwood, NoDa, and the Uptown central business district, the property provides immediate access to major transit routes, prominent employment hubs, and ongoing commercial redevelopment corridors. Furthermore, the site boasts high-visibility frontage directly along the North Sharon Amity Road corridor with outstanding exposure and traffic counts exceeding 25,000 vehicles per day. Tenants benefit from exceptional convenience, being surrounded by a robust lineup of daily-needs retailers within walking distance or a short drive, including Food Lion, Walgreens, CVS, Family Dollar, and Bojangles. Supported by strong submarket fundamentals and dense local demographics featuring a population of over 95,000 residents within a 3-mile radius, 3500 North Sharon Amity Road is perfectly positioned to capture the influx of renters who desire the lifestyle amenities of Charlotte's premier historic districts but require a more approachable price point, ensuring long-term tenant demand and property appreciation for the new owner.
About the Neighborhood
Homes for sale in 28205 capture the creative energy of Charlotte's most eclectic eastside corridor, anchored by the nationally recognized NoDa Arts District and the rapidly evolving Plaza Midwood neighborhood. Buyers are drawn to an architectural mix of early 20th-century bungalows, Craftsman cottages, and bold new construction infill, all set along walkable streets lined with independent businesses like Common Market and Petra's Bar. Cordelia Park provides a beloved community green space, while the LYNX Blue Line's 36th Street and Sugar Creek stations make car-free commutes to Uptown. just 10 minutes away. entirely realistic. The 28205 real estate market has experienced some of Charlotte's strongest appreciation over the past decade, fueled by ongoing investment along Central Avenue and the continued growth of the arts and food scene. With direct access to I-277 and a dense concentration of renovated historic homes alongside modern townhomes, 28205 real estate offers buyers an authentic urban lifestyle with lasting investment fundamentals.
Property Features
Property Description
- Beds Total: 20
- Year Built: 1962
- Living Area: 12,524 sqft
- New Construction: No
- MLS #: 4361715
Association
- HOA Required: No
Utilities
- Cable Available
- Electricity Connected
- Natural Gas
Interior Features
- Open Floorplan
- Pantry
- Heating: Electric, Natural Gas, Separate Meters, Wall Furnace
- Cooling: Ceiling Fan(s), Wall Unit(s)
- None
Appliances
- Electric Oven
- Electric Range
- Electric Water Heater
- Refrigerator
Construction Materials
- Brick Full
- Foundation: Crawl Space
- Roof: Architectural Shingle
Cooling
- Ceiling Fan(s)
- Wall Unit(s)
Foundation Details
- Crawl Space
Heating
- Electric
- Natural Gas
- Separate Meters
- Wall Furnace
Laundry Features
- None
Parking Features
- Parking Lot
Pets Allowed
- No
Road
- Road Responsibility: Publicly Maintained Road
- Road Surface Type: Asphalt, Paved
Sewer
- Public Sewer
WaterSource
- City
Community Features
- Sidewalks
- Street Lights
Security Features
- Carbon Monoxide Detector(s)
- Smoke Detector(s)
Flooring
- Tile
- Vinyl
- Wood
Window Features
- Insulated Window(s)
Tax and Financial Info
- Listing Terms: Cash, Conventional
Location
LISTING COURTESY OF: BNBCABINS INC
wataugarealtor@gmail.com
$2,650,000
Est. Payment: $13,621/mo
Adjust down payment, rate & terms
Charlotte, NC 28205
20
bedrooms
0
baths
12,524
sq.ft.
$212
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 BnBCabins Inc
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.
$2,650,000
3500 N Sharon Amity Road
20 bed, 0 bath