300 E Charlotte Avenue, Mount Holly, NC 28120
Local realty services provided by:Better Homes and Gardens Real Estate Integrity Partners
Listed by: ari firoozabadi
Office: greysteel north carolina llc.
MLS#:4388531
Source:CH
300 E Charlotte Avenue,Mount Holly, NC 28120
$4,250,000
- 56 Beds
- 56 Baths
- 28,000 sq. ft.
- Multi-family
- Active
Price summary
- Price:$4,250,000
- Price per sq. ft.:$151.79
About this home
THE PROPERTY - The 28 at Mount Holly is a 28-unit townhome community situated one block from downtown Mount Holly, NC — approximately 20 minutes from Uptown Charlotte. Every unit is a two-bedroom, one-and-a-half bathroom townhome averaging 1,000 square feet, featuring in-unit washer/dryer hookups, private patios, and fully renovated interiors. Following a comprehensive $1.4M renovation completed in 2025, the Property offers investors a turn-key, low-maintenance multifamily asset in one of the Charlotte MSA's most accessible suburban markets.
$1.4M IN RECENT CAPITAL IMPROVEMENTS - A property-wide renovation completed in 2025 addressed every major component— exterior and interior — with no near-term capital requirements for a new owner. Improvements include: New parking lot overlay, exterior paint, gutters & downspouts, full HVAC replacement across all units, new windows, sliding glass doors, and smart lock front doors. Add'l Interior upgrades: new cabinets and shelving, granite countertops and backsplash, luxury vinyl plank flooring, and stainless steel appliances. The property also has recently implemented individual water/sewer sub-metering, eliminating a significant landlord expense, and a bundled cable & internet package, generating incremental NOI while offering a convenient service.
PROVEN RENT GROWTH WITH REMAINING UPSIDE - The seller's post-renovation lease-up strategy has produced a current averagein-place rent of $1,314/month, with rents ranging from $1,275 to $1,440 across the property. The $165 spread between the lowest and highest in-place rents— achieved within the same renovated unit type — demonstrates clear market acceptance at the top of the range. A new owner has a straightforward path to capture loss-to-lease as below-market leases roll, with no speculative assumptions required.
MAIN & MAIN LOCATION - The Property sits one block from the heart of downtown Mount Holly — home torestaurants, coffee shops, breweries, and the Carolinas' oldest legal distillery. Convenient access to I-485 connects residents to Uptown Charlotte, Gastonia, and major employment corridors throughout the MSA. Notably, the Olde Mecklenburg Brewery is opening a Beer Garden and Tap Room in downtown Mount Holly in Fall 2026, with planned mixed-use development and an extensive renovation of Veterans Park further cementing the area's trajectory as a destination submarket.
The Property is located within a FEMA-designated flood zone and was impacted by Hurricane Helene in 2024. Ownership undertook landscaping remediation to reducefuture exposure, and the Property carries flood insurance. Buyers should review applicable flood zone designations as part of their due diligence....
Contact an agent
Home facts
- Year built:1973
- Listing ID #:4388531
- Updated:June 04, 2026 at 09:35 PM
Rooms and interior
- Bedrooms:56
- Total bathrooms:56
- Full bathrooms:28
- Half bathrooms:28
- Kitchen Description:Dishwasher, Electric Range, Microwave, Oven, Self Cleaning Oven
- Living area:28,000 sq. ft.
Heating and cooling
- Cooling:Central Air
- Central air:Yes
Structure and exterior
- Year built:1973
- Building area:28,000 sq. ft.
- Lot area:1.87 Acres
- Foundation Description:Slab
Schools
- High school:Stuart W Cramer
- Elementary school:Rankin
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$4,250,000
- Price per sq. ft.:$151.79
Parking
- Parking description:Parking Lot
New listings near 300 E Charlotte Avenue
- Coming SoonOpen Sat, 11am to 12pm
$385,000Coming Soon3 beds 2 baths204 Price Street, Mount Holly, NC 28120
MLS# 4389857Listed by: AMERICA'S REAL ESTATE GROUP INC - Open Sun, 1 to 3pmNew
$999,900Active4 beds 3 baths3,225 sq. ft.108 Heron Cove Drive, Mount Holly, NC 28120
MLS# 4388382Listed by: REALTY EXECUTIVES OF HICKORY - New
$390,000Active3 beds 3 baths2,160 sq. ft.104 Isabella Court, Mount Holly, NC 28120
MLS# 4386889Listed by: DZ PRO REALTY LLC - Open Sat, 12 to 2pmNew
$825,000Active5 beds 4 baths3,376 sq. ft.152 Lighthouse Road, Mount Holly, NC 28120
MLS# 4389508Listed by: ONE COMMUNITY REAL ESTATE - New
$499,999Active3 beds 3 baths1,960 sq. ft.1100 Rainbow Drive, Mount Holly, NC 28120
MLS# 4388731Listed by: PREMIER SOUTH - New
$329,000Active2 beds 2 baths1,092 sq. ft.109 Globe Street, Mount Holly, NC 28120
MLS# 4388985Listed by: ROBY REALTY INC - Coming Soon
$279,900Coming Soon2 beds 3 baths640 Sweet Bonnie Lane, Belmont, NC 28012
MLS# 4388649Listed by: REAL BROKER LLC BELMONT - New
$450,000Active4 beds 3 baths2,824 sq. ft.3646 Azalea Ridge Drive, Mount Holly, NC 28120
MLS# 4388800Listed by: EQUITY NORTH CAROLINAS REAL ESTATE, LLC - Coming SoonOpen Sun, 1 to 3pm
$875,000Coming Soon4 beds 4 baths971 Stanley Lucia Road, Mount Holly, NC 28120
MLS# 4388233Listed by: ERA LIVE MOORE - New
$345,000Active3 beds 2 baths1,868 sq. ft.123 Riverside Drive, Mount Holly, NC 28120
MLS# 4388730Listed by: NORTHGROUP REAL ESTATE LLC