6165 Meadow Rose LN Active Save Request In-Person Tour Request Virtual Tour
Charlotte,NC 28215
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 881 sqft
Price per Sqft $164
Subdivision Rosecroft
MLS Listing ID 4305440
Style Traditional
Bedrooms 2
Full Baths 2
HOA Fees $334/mo
Year Built 1986
Property Sub-Type Condominium
Property Description
Excellent Charlotte investment opportunity now available! This fully leased condo, rented at $1450/mo, presents a turnkey asset with immediate cash flow. The property is generating a strong Net Operating Income (NOI) of $11,987. For an investor utilizing financing, this translates to an impressive 9% cash-on-cash return after debt service. This is a rare chance to acquire a stable, income-producing property with a proven performance history, offering a hands-off investment with strong returns. Do not miss this opportunity to invest in one of the fastest growing market in USA!
Location
State NC
County Mecklenburg
Zoning R17MF
Interior
Heating Central
Cooling Ceiling Fan(s),Central Air
Flooring Vinyl
Laundry Laundry Room
Exterior
Exterior Feature Lawn Maintenance
Community Features Outdoor Pool
Building
Dwelling Type Site Built
Foundation Slab
Sewer Public Sewer
Water City
Structure Type Vinyl
New Construction false
Schools
Elementary Schools Grove Park
Middle Schools North Ridge
High Schools Rocky River
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Subject to Lease
Virtual Tour https://Next-Door-Photos.vr-360-tour.com/e/PgYBkm38RTY/e?accessibility=false&dimensions=false&hide_logo=true&hidelive=true&share_button=false&t_3d_model_dimensions=false