Mountain Island Lake, North Carolina
Rare opportunity to acquire two fully occupied duplexes (4 total units) in Charlotte with immediate cash flow and significant upside potential. This turnkey investment features four 2-bedroom, 1-bath units, each approximately 838 square feet, with strong rental demand in an established location. Three of the four units are currently leased below market value, providing a clear value-add opportunity for increased future returns, while one recently leased unit demonstrates current market rental potential. Whether you're looking to expand your portfolio, complete a 1031 exchange, or secure a long-term buy-and-hold asset, this property offers stable income today with room for growth tomorrow. Conveniently located near major highways, shopping, dining, and employment centers, this is an investment opportunity that is increasingly difficult to find in today's market.
| MLS#: | 4401539 |
| Price: | $650,000 |
| Square Footage: | 3352 |
| Bedrooms: | 8 |
| Bathrooms: | 4 |
| Year Built: | 1976 |
| Type: | Townhouse |
| Virtual Tour: | Click here |
| Listing courtesy of: | EXP Realty LLC Ballantyne - 704-773-2117 |
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