424 Skyland Avenue, Charlotte, North Carolina, 28205

$750,000

Multi-family

8 bds 2,400 Sqft
Active

Two Duplexes on Double lot zoned N2-B. The N2-B Zoning District is intended for the development of multi-family dwellings, including multi-family attached and multi-family stacked units. 424/426 and 428/430 Skyland Ave. Currently fully rented. Leases expire 10/25 ($1.050/mo), 1/26($1,050/mo), 8/25 ($1,000/mo) and M2M ($1,000/mo). Acquire adjacent lots for a really impressive high-intensity new construction apartments, condos, townhomes redevelopment project or continue to collect rent. These buildings will have numerous age-related defects.

Street Address: 424 Skyland Avenue
City: Charlotte
State: North Carolina
Postal Code: 28205
County: Mecklenburg
MLS Number: 4250697
Year Built: 1956
Courtesy of Midtown Properties, LLC

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