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INVESTOR OPPORTUNITY WITH MAJOR UPSIDE! This expansive 2,800 sq ft ranch offers incredible potential for the savvy investor, builder, or renovator. Featuring 3 bedrooms, 2 bathrooms, and a spacious bonus/entertainment room, the layout provides a strong foundation for a high-value transformation. The property includes an attached 1-car garage plus a large, detached shop with driveway"”perfect for car enthusiasts, woodworkers, or those operating a home-based business. Ideally located directly across from Paw Creek Elementary, and just minutes to I-485, Charlotte Douglas International Airport, and Uptown Charlotte, this property offers both convenience and long-term value. Optional access to the Coulwood community pool adds additional appeal. Zoned N1-A (buyer to verify with the City of Charlotte), this parcel presents excellent redevelopment potential, with the possibility for multiple homes, duplexes, or triplexes. Important Notes: Property does have significant termite damage affecting the front two bedrooms and living room (including floor joists, subflooring, and portions of the sill plate). Estimated repair cost is approximately $35,000 - $40k) Sold AS-IS, with pricing reflective of condition. ARV could be over $600k. CASH, FHA 203k Renovation Loan, or Hard Money Lender
| TRACT | Coulwood | YEAR BUILT | 1958 |
|---|---|---|---|
| COMMUNITY | Coulwood | GARAGE SPACES | 4.0 |
| COUNTY | Mecklenburg | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | Unspecified |
|---|---|
| Jr. High School | Unspecified |
| High School | Unspecified |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Ductless |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Gas Cooktop |
| BASEMENT | Crawl Space |
| CONSTRUCTION | Brick, Stone |
| FIREPLACE | Yes |
| GARAGE | Attached Garage, Yes |
| HEAT | Central, Ductless |
| LOT | 0.75 acre(s) |
| LOT DESCRIPTION | Level |
| LOT DIMENSIONS | 0.75 |
| MLS STATUS | Active |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | Coulwood |
| UTILITIES | Natural Gas Available, Cable Available |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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