$200,000

Investors, here's your chance to buy a great cash flowing property just outside of Uptown Charlotte! Only 1 mile to the French St Gold Line Station which connects you to Uptown, Elizabeth and Plaza Midwood. Just over a mile to Johnson C Smith University and less than 3 miles to Uptown Charlotte, this area is already seeing tear downs for new construction and a business corridor that is growing and changing with new investment. Tenant in place through June '27, no rental prep needed and immediate stream of cash flow already in place. Tenant pays $1,450/mo in rent, equating to roughly 8.7% gross rent yield. It is very hard to find properties anywhere in Charlotte proper for $200k, much less in a neighborhood with huge upside! Great opportunity for investors looking for a solid 2-bedroom, 2-bathroom brick property with immediate cash flow. An excellent addition to your rental portfolio! Property does have an active tenant in place until June 30, 2027.