MF Development Opportunity

5701 Vernedale Rd, Charlotte, NC

$600,000

Price

1.069 acres

Lot Area

 
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Street
Map
Overview
Lot Area
1.069 acres
Description

Rare Residential Appartments Development Opportunity. Neighboring MF apartment complex and single-family residential. Very high demand for rental units in the area.

Located in the heart of East Charlotte 3-4 miles from Up Town (Charlotte's Down Town area).

City

Highlights
  • 1.069 Acres
  • Great for creative planning to maximize lot density
  • Zoning R-17 MF: 12 doors per acre are permitted by the City of Charlotte
  • Currently has a single-family house rented for $2000 month-to-month with a detached garage
  • Flat Non-Sloping Lot
  • City W&S
Documents
Location
Gallery