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$229,900

20% Min Down
2 Beds
1 Bath
802 Sqft
$287 / Sqft
Listed Jul 15th, 2020, Built in 1948
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Common Charges
No Data
Property Taxes
No Data
Mortgage
$852
Total Monthly Payment
$852
Est. Rental Income
$0
Cap Rate
No Data
Description
Great Buy & Hold Opportunity in Super-Hot Smallwood! Tenant-Occupied with Lease Running Through End of July 2021. Do Not Disturb Tenant. Original Post-War Smallwood Cottage Recently Refreshed, Though Value is in the Land. Walk to Greenway, Toucan Louie's, New CrossFit gym. Smallwood & Biddleville are a Lovely Place to Call Home!! Many New Homes Are Being Built. Pictures Were Taken After Home was Refreshed to be Rented prior to Current Tenant Moving-In. NICE WIDE LOT frontage (70') will allow for flexibility in New Home Options for the Future. The lot + dwelling are currently in Flood Plain/ NOT FLOODWAY; however, grade can be raised to eliminate flood insurance. Excellent Opportunity to Purchase a Rental w/ Future Opportunity to Renovate and/Or Build New. The most recent new construction I sold (Spring 2020) in Smallwood (200 Seldon) sold for $650k. Call LA w/ ANY Questions. HVAC type to be updated on 7/16. Survey in Media. Property can be Viewed during Due Diligence Period.

The manager has listed the unit size as 802 square feet.
Features & Amenities
Oven
Refrigerator
Exterior: Vinyl Siding
Other
Driveway
Floor Coverings: Tile, Wood
Price History
Date Event Price Source
2020-08-01 Price Drop $229,900 Listing Records
2020-07-25 Status Change Relisted Listing Records
2020-07-24 Status Change Off Market Listing Records
2020-07-22 Price Drop $249,900 Listing Records
2020-07-15 Listed $259,900 Listing Records
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Recent Transactions at 131 Smallwood Place
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Nearby Schools

(within attendance boundary)
Bruns Avenue Elementary  •  0.79 mi
501 S. Bruns Ave, Charlotte, NC 28208
Public  •  Elementary  •  Grades PK to 5
Charlotte-mecklenburg Schools
Piedmont IB Middle  •  2.96 mi
1241 E 10th St, Charlotte, NC 28204
Public  •  Middle School  •  Grades 6 to 8
Charlotte-mecklenburg Schools
West Charlotte High  •  1.11 mi
2219 Senior Dr, Charlotte, NC 28216
Public  •  High School  •  Grades 9 to 12
Charlotte-mecklenburg Schools
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
Room By Room Floorplans and Photos
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