2800 Carol Avenue, Charlotte, NC 28208
Local realty services provided by:Better Homes and Gardens Real Estate Paracle
Listed by: randy mccray
Office: mark spain real estate
MLS#:4401707
Source:CH
2800 Carol Avenue,Charlotte, NC 28208
$550,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Coming Soon
Price summary
- Price:$550,000
About this home
Investor Gem! Turnkey 4-unit (all 1BR studios) on 0.31 acres in red-hot Enderly Park. Fully managed, zero extended vacancy history, and tenants pay ALL utilities. In-place rents trail market with immediate upside—two upcoming renewals already signed at higher rates.
Investor Gem! Turnkey 4-unit (4-1BR studios) on 0.31 acres in red-hot Enderly Park — fully managed by PM, tenants pay every utility, and it’s never sat through an extended vacancy. In-place rents still trail the market, so the Property is a 4plex multifamily, not a SFH home as listed above.
upside is baked in and ready: lease renewals on two units just came in higher for the upcoming lease year. Units 1–3 were taken down to rehab two years ago and Unit 4 sits in original condition — an est. ~$10K refresh forces appreciation through higher rents and property value. Property has a large, unused walk in basement that could be permitted and converted to a 5th apartment.
Private, exclusive parking lot — no shared drives, no neighbor friction. New construction is trading from the low $500Ks right around the block.
Walkable to the West End boom on Tuckaseegee Rd: the 27-acre Savona Mill redevelopment (Savona Food Works food hall, 300+ apartments), the $80M Lower Tuck warehouse conversion, and Station West. 10 minute walk to Stewart Creek Greenway running straight to Uptown. Quick hits to Freedom Dr, Wilkinson Blvd, I-85 and I-77.
Cash flows today, added appreciation tomorrow. Buy and hold or buy for a future build — your choice in the one neighborhood with unlimited momentum and growth!...
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Home facts
- Year built:1954
- Listing ID #:4401707
- Updated:July 09, 2026 at 01:41 PM
Rooms and interior
- Flooring:Laminate, Tile
- Kitchen Description:Oven, Refrigerator
- Basement:Yes
Heating and cooling
- Central air:Yes
Structure and exterior
- Year built:1954
- Foundation Description:Basement
Schools
- High school:West Charlotte
- Elementary school:Ashley Park
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$550,000
Features and amenities
- Laundry features:In Kitchen
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