2909 Burgess Drive, Charlotte, NC 28208

Charlotte
Local realty services provided by:Better Homes and Gardens Real Estate Integrity Partners
Listed by: jeff shugarts jr
Office: andrew reed properties, llc.
MLS#:4393768
Source:CH
2909 Burgess Drive,Charlotte, NC 28208
$2,000,000
  • 24 Beds
  • 24 Baths
  • 11,064 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$2,000,000
  • Price per sq. ft.:$180.77

About this home

Stabilized 12-Unit Townhome Community with Immediate Value-Add Upside: Twelve-unit townhome community comprised entirely of 2-bedroom/1.5-bath units with 10 of 12 units fully renovated to a modern finish level. Two recently renovated vacant units represent immediate lease-up upside, while two below-market occupied units at $995 provide a clear runway to capture additional rent growth upon turn. The highest achieving in-place rent of $1,535 establishes a proven rent ceiling with a direct path to full stabilization. Access to Charlotte's Most Dynamic Destinations: 2 miles from Lower South End (LoSo), Charlotte's emerging hub of breweries, restaurants, retail, and light rail access, home to major employers including Lowe's Tech Hub, USAA, and LendingTree. 2.5 miles from South End, one of Charlotte's most nationally recognized and vibrant live-work-play corridors. 4 miles from Uptown Charlotte, the region's central business district and primary employment core. 4.5 miles...

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Home facts

  • Year built:1970
  • Listing ID #:4393768
  • Updated:June 18, 2026 at 10:58 AM

Rooms and interior

  • Bedrooms:24
  • Total bathrooms:24
  • Full bathrooms:12
  • Half bathrooms:12
  • Living area:11,064 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Year built:1970
  • Building area:11,064 sq. ft.
  • Lot area:0.76 Acres
  • Construction Materials:Vinyl
  • Foundation Description:Slab

Schools

  • High school:Harding University
  • Elementary school:Reid Park

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,000,000
  • Price per sq. ft.:$180.77

Parking

  • Parking description:Parking Lot
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