1323 Thomas Ave

Charlotte, NC 28205 View Map $675,000 Schedule a Tour
Beds2
Baths2
Sq.Ft.1,575
Year1924
Mike Hege, MRE

Mike Hege, MRE

(704) 491-9445
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Status: Pending - Under Contract
Listing / Selling Office:Amber Properties Inc
Property Type:Single Family Residence
MLS #:3645249
Sq. Feet:1,575
On Site:89 Days
Lot Size:0.2 Acres
County:Mecklenburg
Monthly HOA:$3
Revenue generating Airbnb making this historic home like a goose laying golden eggs. The garage apartment generates approximately $35k/year in revenue. The total square feet of living space for the house and apartment is 2,175 making the price $320 per sq ft.

The attic in the main house is large enough to be converted into additional living space. Under the garage apartment we planned to add spray foam insulation, new windows, side door to make it an art studio.

The house could be rented as an Airbnb also. The owners will only remove artwork and antiques, but all other furniture, appliances, kitchen supplies, TV's, linens etc. could remain. This is a Turn Key property. Live in this well maintained historic house and continue to rent the garage apartment to pay the mortgage. Check out both listings on Airbnb.... sweet-plazamidwood-garage-apartment....and charlotte-plazamidwood-cool-bungalow

Don't miss this rare opportunity...

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$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
9/28/2020$800,000$739,500-7.6%
10/16/2020$739,500$699,900-5.4%
11/14/2020$700,000$675,000-3.6%

Community Information

Address:1323 Thomas Ave Charlotte, NC 28205
County:Mecklenburg
City:Charlotte
Subdivision:Midwood
Zip Code:28205

Architecture

Bedrooms: 2
Bathrooms: 2
Year Built:1924
Stories:1
Style:Bungalow
Construction Materials: Wood Siding
Additional Sq. Ft.: 0
Lower Sq. Ft.: 0
Main Sq. Ft.: 1575
Third Sq. Ft.: 0
Upper Sq. Ft.: 0
Unheated Basement Sq. Ft.: 150
Unheated Lower Sq. Ft.: 0
Unheated Main Sq. Ft.: 150
Unheated Third Sq. Ft.: 0
Unheated Upper Sq. Ft.: 0
Unheated Total Sq. Ft.: 300
Roof: Shingle
Foundation: Basement, Block, Crawl Space

Features / Amenities

Total Sq. Ft.:1575
Interior Features: Attic Stairs Pulldown, Attic Walk-in, Cable Available, Kitchen Island, Open Floorplan, Walk-In Closet(s)
Appliances: Ceiling Fan(s), CO Detector, Convection Oven, Gas Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Exhaust Hood, Microwave
Fireplace Features: Living Room
Flooring: Tile, Wood
Laundry: Main Level
Rooms: Basement, Bathroom 1, Bathroom 2, Dining Room, Kitchen, Laundry, Living Room, Master Bedroom, Mud Room, Bedroom 1, 2nd Living Quarters, Bathroom 3, Dining Area, Bedroom 2
Exterior Features: Fence
Community Features: Street Lights
Porch: Covered
Parking Features: Detached, On Street, Parking Space - 4+
Heating: Central, Gas Hot Air Furnace
Water Heater: Electric

Rooms

Level
2nd Living Quarters, Bathroom(s), Bedroom(s), Dining Area2nd Living Quarters
BasementBasement
Basement, Bathroom(s), Bedroom(s), Dining Room, Kitchen, Laundry, Living Room, Master Bedroom, Mud RoomMain

Property Features

Lot Size: 0.2 Acres
Lot Dimensions:50 x 150
Lot Features: Level
Sewer: Public Sewer
Water: Public
Road Responsibility: Public Maintained Road
Road Surface: Gravel
Zoning:R5
Directions:Central Ave to Thomas. Left on Thomas. House is 2nd on the left.

Tax and Financial Info

Deed Reference: 18701-611
Association Fee: $30 (paid Annually)
HOA Subject To: Optional
HOA Subject To Dues: Voluntary

Schools

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1323 Thomas Ave Charlotte, NC 28205
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1323 Thomas Ave Charlotte, NC 28205
 
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Based on information submitted to the MLS GRID as of November 27, 2020 11:30 AM EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.