7340 Wallace Lane, Charlotte, North Carolina 28212

$250,000
2
BD
1
BA
859
SqFt
List Price
$250,000
MLS#
3506586
Status
ACTIVE
Days on Market
10
Property Type
Single Family
Architectural Style
Traditional
Stories
1 Story
Year Built
1943
Bedrooms
2
Bathrooms
1
Full Baths
1
Lot Size
94,960
Lot Size Area
2.18
Living Area
859
Sq Ft Total
859
County
Mecklenburg
Subdivision
No Neighborhood
Special Conditions
None
Dom
8

Property Description

See additional MLS#s 3506568,3506584,3506586. This is a GREAT INVESTMENT opportunity for a home buyer or developer. Homebuyers will enjoy a home with great potential to renovate or update with over 2 acres of land! They could also purchase as an investment property for short or long term rentals. Developers could build up to 48 townhomes or single family homes in the mid to upper $200k range. The property owners also have over 9.3 acres across the street that is under contract with a national builder. Their plans are to build 119 for-sale townhomes ($200,000 to $250,000). Development is scheduled to begin in early 2020. Please see attachments and contact the listing agent with any questions.

Additional Information

Equipment
Other - See Media/Remarks
Foundation
Crawl Space
Main Level Rooms
Bathroom(s), Bedroom(s), Kitchen, Living Room
Laundry Location
Main
Heating
Natural Gas
Water Heater
Gas
Water
City Water
Sewer
City Sewer
Exterior Features
Other - See Media/Remarks
Exterior Construction
Asbestos
Parking
Other
Driveway
Gravel
Lot Description
Other - See Media/Remarks
Elementary School
Piney Grove
Middle School
Albemarle
High School
Butler

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Nestlewood Realty, LLC.

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