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320 Harrison Street , Charlotte, NC 28208

$399,000
  • 320 Harrison Street , Charlotte, NC 28208 Main Photo

1 Photos

New to the Market Coming Soon
BEDS4 BATHS2 full SQUARE FEET899 MLS#4429337
STATUSComing Soon PROPERTY TYPEResidential - Single Family SUBDIVISIONLakeview

Property Description

INVESTOR OPPORTUNITY! *See also MLS# 4429100* (RINC Listing)*Multi Family! DUPLEX, 320 & 322 Harrison St. is a 2-UNIT INCOME-PRODUCING DUPLEX positioned in an area benefiting from Charlotte's continued urban expansion and redevelopment. Each unit offers approximately 900 SF with 2 BEDS + 1 BATH, for a combined 1,800 SF / 4 BEDROOM / 2 BATH configuration. Current combined rental income was apx. $2,600/MONTH ($31,200/YEAR GROSS), giving an investor immediate income while retaining the potential to increase value through future rent growth, improvements, or redevelopment. Each unit has convenient independent street access, with frontage/access from Harrison St. in front and Ramona St. in the rear, adding functionality and flexibility that is increasingly attractive in an evolving urban market. The bigger investment story is the LOCATION + LAND + INCOME combination. Positioned near the expanding influence of Center City Charlotte, this property offers investors the opportunity to own an income-producing asset in an area where surrounding neighborhoods are experiencing ongoing reinvestment, redevelopment, and changing demand. As Charlotte continues to grow outward from the urban core, properties in established neighborhoods within the path of that growth can offer potential long-term upside beyond their current rental performance. HOLD IT. IMPROVE IT. REPOSITION IT. The existing duplex provides two revenue streams today, while the underlying real estate offers additional possibilities as the surrounding market evolves. Investors can pursue a traditional long-term rental strategy, explore value-add improvements, or evaluate future redevelopment potential based on zoning, market conditions, and applicable regulations. This is not simply a rental property?it is an opportunity to acquire CURRENT CASH FLOW WITH LONG-TERM REAL ESTATE UPSIDE in a location worth watching. apx. $2,600/MONTH GROSS INCOME | $31,200/YEAR GROSS | 2 UNITS | 1,800 SF TOTAL | 4 BEDROOMS | 2 BATHROOMS | HARRISON ST. + RAMONA ST. ACCESS. For investors looking for an entry point into an area adjacent to Charlotte's expanding urban footprint, 320 & 322 Harrison St. deserves serious consideration. CASH FLOW TODAY. LOCATION FOR TOMORROW.

320 Harrison Street | MLS# 4429337

This single family home located at 320 Harrison Street , Charlotte, NC 28208 is currently listed for sale with an asking price of $399,000. This property was built in 1955 and has 4 bedrooms and 2 full baths with 899 sq. ft. Harrison Street is located in the Lakeview subdivision. Search Lakeview real estate on www.lakenormanrealty.com today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Basement: Basement Garage Door
Heating: Forced Air
Lot Size: 0.17 Acres
Year Built: 1955

Feature Descriptions

Appliances: Electric Oven, Electric Water Heater
Exterior: Vinyl
Foundation: Basement
Laundry: Inside
Parcel#: 065-113-04
Parking: Basement
Pets Allowed: Yes
Sewer: Public Sewer
Water: City

Local Schools

High School: Unspecified
Middle School: Unspecified
Elementary School: Unspecified

Listed By / Shown By

Listed By

Agency Name: 1221 Real Estate LLC
Agency Contact: remattnc@gmail.com

Shown By

Agency Title: Lake Norman Realty
Agency Phone: 704-450-1175

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Estimated Payment

$ 2,240.02 per month $2,123.65 Principal & Interest $0.00 Property Tax (data not provided by mls) $116.38 Homeowner's Insurance

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